Construction Economics and Procurement

SHE level M
SCQF credit points 15
ECTS credit points 7.5
Module code MMK226174
Module Leader John Lowe
School School of Computing, Engineering and Built Environment
Subject Construction and Surveying
Trimester A (September start)

Summary of content

This module operates a 50% pass rate overall.

There are four main themes contained within this Module:

Construction economics: A macro overview of the structure of the construction sector including materials supply and relationships with the economy as a whole.

Input output economics: The implications of linkages

New Institutional Economics: Outline of the structure of New Institutional Economics. Transaction cost economics and its application to the construction sector. The implications on procurement and supply chains

Game Theory: Introduction to the applications of game theory in construction and development.

Module details

Module structure

Activity Total hours
Seminars 20.00
Independent Learning 100.00
Assessment 30.00

Assessment methods

Component Duration Weighting Threshold Description
Course Work001 40 45 Individual assignment: country and market analysis (1500 words)
Course Work002 60 45 Group assignment: national development programme (2500 words)