16313 Construction Industry Economics6cp; 3hpw (blended mode)
There are course requisites for this subject. See access conditions.
Anti-requisite(s): 16466 Built Environment Economics
This is a core first-year subject in the Bachelor of Construction Project Management.
The subject is an introduction to the structure and performance of the Australian economy covering aspects of economics and economic theory relevant to the building and construction industry, property development and management. The subject introduces economic theory and a broad range of macroeconomic concepts, issues and policies in the context of the economy and its relationship with the rest of the world.
Macroeconomic fundamentals, the business cycle and the role of fiscal and monetary policy are covered, and their effect on the property and construction industries explained. Issues such as technology and economic growth and financial crises are also discussed.
Autumn session, City campus
Detailed subject description.