The Nature of Construction Economics

Abstract

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.

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1. Patricia M. Hillebrandt
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© 2000 Patricia M. Hillebrandt

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Hillebrandt, P.M. (2000). The Nature of Construction Economics. In: Economic Theory and the Construction Industry. Palgrave Macmillan, London. https://doi.org/10.1057/9780230372481_1

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• DOI: https://doi.org/10.1057/9780230372481_1

• Publisher Name: Palgrave Macmillan, London

• Print ISBN: 978-0-333-77479-3

• Online ISBN: 978-0-230-37248-1

• eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)

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