Principles of Building Economics by John Raftery

The critical discussion and principles for mastering building economics

Good Condition

This is a fantastic, straightforward text that provides a critical discussion of the main aspects of building economics. While many standard texts focus purely on the techniques of building economics, this book is far less published on the foundational principles. Written by John Raftery, it concentrates on the underlying concepts rather than complex statistics, making it highly valuable for clear understanding. It's broken into three parts, starting with a discussion of fundamental concepts of value, cost, and price. It then covers issues in the built environment and dedicates a third part to the theory of the firm, the operation of the industry, the design process, price determination, and price forecasting. This is an essential reference for students and professionals looking to deepen their grasp of building economics theory.