Teaching Responsibility
LJMU Schools involved in Delivery:
Civil Engineering and Built Environment
Learning Methods
Lecture
Workshop
Module Offerings
4324BEUG-SEP-CTY
Aims
To provide students with an introduction to economic and management theories and principles with reference to the built environment, property, and society in general.
Learning Outcomes
1.
Define economic principles and review economic school of thoughts.
2.
Understand the dynamics of supply and demand mechanism for the built
environment.
3.
Identify the causes and the impact of business cycles with reference to the
construction and property industries.
4.
Review major theories to allocate organisation's resources to gain and sustain
competitive advantage in the construction market.
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.
Competitive advantage and strategy
Organisation structures in built environment
Module Overview:
This module aims to provide students with an introduction to economic and management theories and principles with reference to the built environment, property, and society in general.
This module aims to provide students with an introduction to economic and management theories and principles with reference to the built environment, property, and society in general.
Additional Information:This module provides students with an introduction to economics and management with particular reference to the built environment and the construction industry.
On the Quantity Surveying Degree Apprenticeship programme, the knowledge learning outcomes for this module are K2, K3, K9, and S11.
On the Construction Management Degree Apprenticeship, the knowledge learning outcomes are K3.