Building and Architectural Economics

Aim: investigate the economic side of a real estate development emphasizing the Social cost and benefit of development.This module concentrates economical computation models, theories dealing with real estate valuation. There is a homework concerning with calculation, valuation of a real estate development. Successful submission is required for the module acceptance. Written mid-semester test as indicated, minimum pass grade required. Following main topics are discussed: construction cost, estimates, time value of money, building life cycle cost , measuring the worth of real estate investments.

weekly

28 h / 14 weeks

2

Written examination

5

Budapest University of Technology and Economics

Faculty of Architecture

Department of Building Constructions