This module will include:
- The economics of the construction sector
- Construction firms and market structure
- Trade and property cycles
- Technological change and construction
- Procurement
- Supply Chain Management
- International construction markets
On successful completion of this module students should be able to:
1 Demonstrate a critical knowledge of forecasting future construction work using economic models and analyse and evaluate the impact of such on the construction and materials sectors.
2 Identify, conceptualise and define the issues affecting the construction industry in the UK and internationally.
3 Apply knowledge, skills and understanding to forefront issues that are informed by economic and procurement developments.
4 Take responsibility for own work and/or significant responsibility for the work of others.
A1, A2, A3, A4, A5, B1, B2, B3, B4, C1, C2, C3, C4, C5, C6, D2, D3, D4, D5, D6, E1, E2, E4, E5
A web-based form of delivery will be used throughout the module. All students will use the web for all of their teaching and learning materials. Full-time and part-time students will be able to participate in seminars that will facilitate discussion and allow them to meet visiting speakers and take part in site visits and simulations where appropriate.
The country and market report will involve an in-depth analysis of a selected country giving information on the prospects for construction and inherent problems.
The project report will involve the analysis of a development programme on the economics of the country concerned.
D2 ICT
D3 Communication skills, written, oral and listening
D4 Time management (organising and planning work)
D5 Utilising labour market information
D6 Cognitive/intellectual skills
E1 Independent working
E2 Information retrieval skills
E4 Group working
E5 Critical thinking and problem solving