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15 Δεκ 2022 · Abstract. Understanding construction sector capacity allows stakeholders to assess the ability to deliver construction projects critically. However, the capacity concept in the construction...
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9 Ιαν 2019 · In this view, construction is an economic activity that crosses over all three economic sectors: primary sector that involves the extraction of natural resources; secondary sector that involves the manufacture of building materials and components, and the transformation of these materials into finished buildings; and tertiary sector that ...
With regard to why we might seek to change this situation and develop construction economics as a sub-discipline of general economics, de Valence offers essentially a business case based on construction related factors that contribute to gross domestic product.
At one extreme, construction is referred to as an economic activity that involves the entire construction process from producing raw and manufactured build-ing materials and components, and providing professional services such as design and project management, to executing the physical work on site.
Introduction. This chapter defines the subject area of economics and discusses the nature of the basic economic problem. It shows that the study of economics is relevant to those interested in construction. Many people think of building as a temporary inconvenience, with the work taking place on a construction site for a relatively short period.
The four parts of The Economics of the Modern Construction Sector are entitled Production, Accounting for Production and Assets, The Nature of the Construction Process, and finally, Construction and the Economy.
22 Σεπ 2016 · Construction Economics provides students with the principles underlying the relationship between economic theory and the construction industry. Its new approach specifically examines the...