Building Economics is basically a module which concerns all the economic aspects of construction developments. Through this module, I've learned how does a shape of the building provide affect economic aspect of the building. Besides, whole life costing is one of the important topic I've learned. It basically described how does a cost spent on building can provide value for money to the client. There is formula to analyze this. On top of that, we get to learn the 6 important formulas to calculate the future value of $1, the Present Value of $1 in the future, Years Purchase, Sinking Fund and the Annuity of purchase by $1. In addition, we are able to learn the cost indices and the adjustment of price, quality and quantity. This module does a lot of analysis like Financial Management Module.
No comments:
Post a Comment