CHECK THESE SAMPLES OF Construction Economics
...? Construction Economics Task Recession in Construction and associated Economic Concepts The construction industry is among the most essential industry in the global economy. The nature of the industry deals in both goods and services. It deals with goods such as apartments, houses, factories, schools, offices, roads and the building of other structures. The industry provides services such as maintenance, repairs and rehabilitation of existing structures. The industry comprises of three main sectors, which include building construction, heavy and civil engineering and specialty trade contractors. The building and construction sector includes contractors who build buildings for residential, industrial and commercial purposes. Heavy... and...
7 Pages(1750 words)Assignment
...? Contents Index Pages Introduction 2 2. Economic activity of Government and the Construction industry 2 3. Government Intervention 6 4. Factors affecting economics of construction industry 7 5. Price Determination in Construction Industry 9 6. Allocation of Resources 10 7. Bias in Construction Industry 10 8. Conclusion 12 Construction Economics (#509808) Introduction The economics of construction is very vital to the growth of the country’s economy. However this industry is severely dependent on the robustness of the economic cycle at that point of time....
8 Pages(2000 words)Assignment
4 Pages(1000 words)Lab Report
...? CONSTRUCTION ECONOMICS No Lecturer) 0 Introduction This is a report on the feasibility of the commercial block development project in Basingstoke, Hampshire UK. The development is to take place on a piece of land measuring 60 Meters by 60 Meters. The target area has old buildings which must be demolished for clearing and leveling of the land in preparation of the new construction to begin. The approval for planning from the Basingstoke Town authorities for the development of the three storey commercial block has been granted and the development shall spare a parking space adjacent to the building. 2.0 Basis of the Report and Assumptions The report is based on the relevance of cost benefit analysis in determining the feasibility... of a...
4 Pages(1000 words)Essay
...so. Many people took out very large mortgages. In 1983, the average new mortgage was approximately 2.1 times annual average earnings. By 1989 this had risen to 3.4 times annual average earnings.
House prices were rising uncontrollably and bringing considerable inflationary pressures to bear within the economy. As a result, the government increased rates and reduced government assistance to home ownership. The impact of these measures plus a worsening economic environment drove house prices down and the housing market into a state of recession (Williams and Holmans, 1996).
In mid 1989 house prices started a downward trend for the next six years, falling by 12 per cent, before reaching a trough in July 1995.In the years...
8 Pages(2000 words)Essay
...for investment to take place is that marginal efficiency of capital, measured by rate of return, should be at least or equal to cost of capital, given by interest rate. With every increase in Federal rate, the Federal Reserve indirectly increases cost of capital such that the basic condition for investment spending gets violated. This reduces incentives for private investment resulting is lack demand for credit. Similarly, if the economy has slowed down, they could reduce interest rates and thus provide stimulus for investment spending. Thus, monetary policy could be used to smoothen the business cycles by the Federal Reserve.
Consider the situation of economic slowdown witnessed by the United States from the third...
4 Pages(1000 words)Essay
...Running Head: CONSTRUCTION ECONOMICS Various Activities and Concepts Explored on Construction Economics 27 May 2010
Activity 1-1: Explain the concept of perfect competition.
Perfect competition is a market structure where the perfect product is traded, by a perfectly level playing field with perfectly open information exchange among the players. Baumol and Blinder (2009, p. 198) defines perfect competition as having the following characteristics:
The market is comprised of numerous competitors and customer. There is no single entity that is large enough to control or dictate price, demand or supply. The behaviour and decisions of any competitor or customer does not affect the market.
The market carries a homogeneous product... as is until...
12 Pages(3000 words)Essay
...Construction Methods and Materials: BURR ARCH TRUSS/BURR TRUSS or BURR ARCH Burr arch or Kingpost Bridge is one of the best truss arched bridges widely used. The basic principle of the bridge relies on an arch but not a truss. It was designed by Theodore Burr in 1804 and patented on 1817. Most bridges were subjected to collapse because of design failure. The cause of failure was due to the complexity in the design of an arch and a truss that could share loads equally. According to Burr design, the arch is responsible for carrying all loads subjected to the structure while the truss supported the arch. Moving loads create reversed stresses that are tackled through counter bracing. The bridge is designed to carry...
1 Pages(250 words)Essay
...Sweetwater Development Project The economics of speculative construction development Table of Contents Introduction 3 Theoretical framework 4 Risk assessment 4
Project overview 5
Company background 5
Sweetwater site analysis 7
Analysis of the plan 9
Project evaluation 9
Sensitivity analysis 11
Scenario analysis 14
Mitigation strategies 14
Conclusion 14
Reference List 16
Appendices 18
Introduction
The U.K. housing sector forms a critical part of the overall economy of the nation. The housing market depends upon the banks and other financial institutions for its growth and progress. When banks increase lending, the housing sector seems to flourish. The economic crisis of 2007, which had its...
12 Pages(3000 words)Term Paper
