Myers D. Construction Economics: A new approach

Second Edition, Taylor & Francis, New York, 2008, 323 p., ISBN10: 0-415-46228-2, 0-415-46229-0Construction Economics provides students with the principles and concepts underlying the relationship between economic theory and the construction industry. The new approach adopts an argument that economics is central to government initiatives concerning sustainable construction.This edition has been expanded to include the latest debates regarding the private finance initiative, value management, off-site manufacture and sustainable construction. With revised data, new examples, key readings, and updated glossary and references, the second edition of this established core text builds on the strengths of the previous edition:
a clear and user-friendly style
use of a second colour to highlight important definitions and formulae
regular summaries of key points
a glossary of key terms
extensive use of tables and figures
extracts from the academic journal Construction Management and Economics to consolidate and prompt discussion
reviews of useful websites.This invaluable textbook is essential reading across a wide range of disciplines from construction management and civil engineering to architecture, property and surveying.An Introduction to the Basic ConceptsEffective Use of Resources
Economic Systems for Resource Allocation
The Market Mechanism
The Theory of Demand
The Theory of Supply
Clients and Contractors
Costs of the Construction Firm
Types of Market Structure in the Construction IndustryProtection and Enhancement of the Environment
Markets for Green Buildings and Infrastructure
Market Failure and Government Intervention
Environmental EconomicsEconomic Growth that Meets the Needs of Everyone
Managing the Macroeconomy
The Economy and Construction: Measurement and Manipulation
The Business Case: Inflation and Expectations
Sustainable Construction