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2000 | OriginalPaper | Chapter

The Nature of Construction Economics

Author : Patricia M. Hillebrandt

Published in: Economic Theory and the Construction Industry

Publisher: Palgrave Macmillan UK

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Construction economics consists of the application of the techniques and expertise of economics to the study of the construction firm, the construction process and the construction industry. To understand this definition and the scope of the subject, it is necessary to know what economics is about, what constitutes construction and why the construction industry deserves a special branch of economics to itself.

Metadata
Title
The Nature of Construction Economics
Author
Patricia M. Hillebrandt
Copyright Year
2000
Publisher
Palgrave Macmillan UK
DOI
https://doi.org/10.1057/9780230372481_1