Construction Economics and Procurement

SHE level 11
SCQF credit points 15
ECTS credit points 7.5
Module code MMK226174
Module Leader John Lowe
School School of Science & Engineering
Subject Construction and Surveying
Trimester A (September start), B (January start), 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
Lectures 22
Tutorials 0
Practicals 0
Seminars 11
Independent Learning 87
Assessment 30
Placement 0

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)