Courses Catalogue

Advanced Construction Economics

COURSE CODE: CIV7102
COURSE CREDIT UNIT: 4
ACADEMIC PROGRAMME: Civil Engineering, Masters
COLLEGE/SCHOOL/FACULTY: School of Engineering and Applied Sciences
STATUS: Core
PROGRAMME TYPE: Postgraduate

Course Description

COURSE DESCRIPTION

The course in geared at taking the student through the key economic considerations in the effective management of construction resources. It covers aspects of estimating, economic resources, feasibility studies, cost benefit analysis; and supply and demand.

 

 

COURSE JUSTIFICATION

 

To bring about an exposure to construction economics, financing and accounting methods and their usefulness in controlling construction projects.

 

LEARNING OBJECTIVES

By the end of this course, the student should be able to:

·        Estimate processes, inputs and outputs

·        Assess the viability of construction projects

·        Discuss on supply and demand in the construction context

 

LEARNING OUTCOMES

A student completing the course is expected to:

·        Estimate for civil engineering projects

·        Carry out economic assessment and choose projects

·        Carry out feasibility studies and write reports

·        Analyse the supply and demand in construction