Modern Construction Economics | 1:a upplagan

Traditional building economics has primarily been concerned with issues around project appraisal and cost management techniques. On the other hand, modern construction economics has a wider focus with stronger links to mainstream economics,reflecting an increased interest in a range of theoretical issues in construction economics, both at the macro and micro level.In Modern Construction Economics: Theory and Application,a variety of approachesare used to present a coherent vision of synthesis between industry economics and project economics. Topics coveredinclude: developing construction economics as idustry economics competition and barriers to entry in construction innovation in construction theory testing in construction managementresearch collusion and corruption in the construction sector. Including contributions from academics in the UK, Sweden, Hong Kong, and Australia, this is a truly global review of a core issue for the construction industry worldwide. The result is a uniquebook that will push toward the development of a comprehensive theoretical framework of construction economics.This is a must-read for all serious students of construction economics, andall practitioners looking for a deeper understanding of their industry.