Course Information:

Course Description:

This course deals with economic theory applicable to the construction industry where applicable whilst at the same time the participant will receive an overview of macroeconomic theory. An understanding of economic theory is paramount to good budget control in large-scale projects.

Course Objectives:

• Nature and Scope of Building Economics
• Theory of Demand
• Theory of Supply
• Elasticity Concepts
• Price Determination
• Market Structures and Economic Systems
• Finance
• Macroeconomic Model
• National Income Analysis
• International Trade
• Unemployment
• Macroeconomic Management and Policies

Fee:

Pre-requisites:
Prior industry experience and/or G.C.E. 'A' Level.