BLCN13034  Construction Economics II

Offered from Spring/Summer 2003

This course develops an understanding of the following related to the construction industry:

• Feasibility studies: prediction, property cycles, supply and demand, discounted cash flows, sensitivity analysis, property economics, inflation, interest rate projections, life cycle costing and planning;
• Cost-benefit analysis and risk analysis;
• effects of inflation, depreciation and taxation;
• project pricing, break-even analysis, price competition, sinking funds;
• cost control systems; and
• further consideration of life cycle analysis and costing for building components and projects.

Students should have completed introductory studies in Construction Economics to ensure adequate level of entry knowledge.