Teaching Responsibility
LJMU Schools involved in Delivery:
Civil Engineering and Built Environment
Learning Methods
Lecture
Seminar
Workshop
Module Offerings
4203BEUG-SEP-CTY
Aims
To provide students with an introduction to economic theories and principles with particular reference to the built environment, property and society in general.
Learning Outcomes
1.
Identify the causes and the impact of business cycles with particular reference to the construction and property industries.
2.
Describe the main objectives of macroeconomic policy and the impact of macroeconomic policy on the built environment and the construction industry in the UK.
3.
Identify the demands on the construction industry: housing, commercial, industrial and refurbishment, repair and maintenance.
Module Content
Outline Syllabus:Introduction to economics and market theory.
Overview of micro and macro-economic theory and policy, with particular reference to the built environment.
The roles of the property sector and construction industry within the economy.
Cycles of activity within the property sector and the construction industry.
The inherent relationship between economy, construction and the firm.
Issues of current interest such as interest rates, inflation and unemployment.
Module Overview:
This module introduces you to economic theories and principles with particular reference to the built environment, property and society in general. You will learn to:
Identify the causes and the impact of business cycles with particular reference to the construction and property industries Describe the main objectives of macroeconomic policy and the impact of macroeconomic policy on the built environment and the construction industry in the UK Identify the demands on the construction industry: housing, commercial, industrial and refurbishment, repair and maintenance.
This module introduces you to economic theories and principles with particular reference to the built environment, property and society in general. You will learn to:
Identify the causes and the impact of business cycles with particular reference to the construction and property industries Describe the main objectives of macroeconomic policy and the impact of macroeconomic policy on the built environment and the construction industry in the UK Identify the demands on the construction industry: housing, commercial, industrial and refurbishment, repair and maintenance.
Additional Information:This module provides students with an introduction to economics with particular reference to the built environment and the construction industry.
On the Quantity Surveying Degree Apprenticeship programme, the knowledge learning outcomes are K3.
On the Construction Management Degree Apprenticeship programme, the knowledge learning outcomes are K3.