| Pre-requisite learning |
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
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Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list. |
| No incompatible modules listed |
Co-requisite Modules
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| No Co-requisite modules listed |
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
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| No requirements listed |
| Indicative Content |
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Macroeconomic enviornment
The contribution of the construction sector to the national economy. Government and ECB policy.
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Economic Data
The sourcing of economic data collected and the presentation and interpretation of this information.
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Monetary and Fiscal policy
The role of the ECB and of the Irish government in both monetary and fiscal policy and its effect on the Irish construction sector.
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Scarcity
How, what and for whom will products be produced? Resources. Types of economic systems
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Demand and Supply
Demand and supply in relation to the construction industry including changes in their conditions and geographical illustration to demonstrate changes in determinants.
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Price Mechanism in the Property Market
Unique properties of land and property, the operation of price mechanism on the market and the relationship between different property types
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| Recommended Book Resources |
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- Graham Squires 2012, Urban & Environmental Economics An Introduction, Routledge [ISBN: 978-0-415-61991-2]
- Danny Myers 2004, Construction economics, Spon Press New York [ISBN: 0-415-28639-5]
- Maureen Maloney, Gerard Morley, Francis O'Toole,, Principles of Economics, 4th Ed. [ISBN: 13: 978-0717149889]
- John Sloman,, Economics, 8th Ed., Prentice Hall Financial Times [ISBN: 978-0-273-76312-3]
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| Supplementary Book Resources |
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- J. E. Manser 2002, Economics; A Foundation Course for the Built Enviornment, Spon Press [ISBN: 0-419-18260-8]
- Temple, M. 2004, Studying the Built Enviornment, Palgrave
- edited by Les Ruddock 2008, Economics for the Modern Built Environment [ISBN: 0-415-45425-5]
- Myers, D. 2012, Construction Economics [ISBN: 13: 978-0-415-52779-8]
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| This module does not have any article/paper resources |
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| This module does not have any other resources |
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