Economics

Making no assumption of your prior knowledge, Economics introduces the basics of economics as they relate to the built environment. Looking at the principles of microeconomics (markets, price mechanisms, resource allocation, theory of the firm, etc.), these principles are put into the context of construction firms and property markets. Lively, real-life case studies are built into the text to provide concrete examples of the theories being explained and macroeconomics are also covered. Key features of this easy-to-use book include: clear chapter structure tutorial questions linking the case histories to basic principles extracts from newspaper and journal articles to show the relevance of economics to the construction industry 100% construction orientation a useful bibliography, glossary of economic terms preview questions at the start of each chapter and exercises and discussion topics at the end to test your understanding. Economics will enable you to understand the working of economic forces as they relate to the construction industry.

ISBN 0419182608   Pages 308 ISBN13 9780419182603 (What's this?)   Volumes 1 Publisher Taylor & Francis Ltd   Weight (grammes) 453 Imprint Spon Press   Published in London Format Paperback   Height (mm) 246 Publication date 28 Jul 1994   Width (mm) 189 Library of Congress 94066941   Spine width (mm) 16 DEWEY 690.0681   Academic level Undergraduate, Postgraduate, Professional / Scholarly DEWEY edition DC20

		Preface
		Dedication
		Using this book
		Acknowledgements
1		Why economics?		1
2		Economic systems		11
3		The market mechanism		21
4		Factor markets: land		37
5		Factor markets: labour		47
6		Factor markets: capital		57
7		Competition and monopoly		65
8		Theory of the firm		73
9		Profit maximization		81
10		Size of firms		93
11		The construction industry		105
12		Competition and pricing in the construction industry		115
13		Forms of business organization		127
14		Marketing		137
15		Productivity		147
16		The workforce		157
17		Capital equipment		165
18		Land and site values		175
19		Financing the firm		189
20		Externalities and cost-benefit analysis		201
21		The national income		217
22		The money supply		237
23		Housing policy		249
24		International trade		263
		Glossary		277
		More...

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