This module involves the
development, roles and contribution of construction industry to national
economy. It is initiated with the
introduction of the process in a property development and factors that
influence the development process. The subject also covers various techniques
of development appraisal and source of finance available. It is then concluded with the important of
market research to the overall development process and its impact of research
to the development.
The objectives of learning this module are to:
1. To understand the basic principles of economics and its link to the real world of construction and to develop an understanding of the whole process of property development.
2. To enhance the understanding of the contribution of feasibility study in property development.
3. To understand the overall mechanism of the finance system in the construction industry
In this module, there are three assessments which are one group assignment, one mid-term test, and the final exam. Mid term exam is held to help us in the analysis, evaluation and application concepts learnt to answer the questions. Besides, we are required to complete a group assignment. The main aim of group assignment was to help us develop a deeper appreciation of concepts learnt in the module as well as applying them in the problems given in assignment. Teamwork is very important in the process of completing a group assignment. After the mid term test and group assignment, a final examination is going to be held after 14 weeks of lectures.The final exam consist of 50% of overall marks. In a nutshell, I have understand more on the cost benefit analysis during the early stage of investment proposal and also to classify various source of finance available in the construction industry.
The objectives of learning this module are to:
1. To understand the basic principles of economics and its link to the real world of construction and to develop an understanding of the whole process of property development.
2. To enhance the understanding of the contribution of feasibility study in property development.
3. To understand the overall mechanism of the finance system in the construction industry
In this module, there are three assessments which are one group assignment, one mid-term test, and the final exam. Mid term exam is held to help us in the analysis, evaluation and application concepts learnt to answer the questions. Besides, we are required to complete a group assignment. The main aim of group assignment was to help us develop a deeper appreciation of concepts learnt in the module as well as applying them in the problems given in assignment. Teamwork is very important in the process of completing a group assignment. After the mid term test and group assignment, a final examination is going to be held after 14 weeks of lectures.The final exam consist of 50% of overall marks. In a nutshell, I have understand more on the cost benefit analysis during the early stage of investment proposal and also to classify various source of finance available in the construction industry.
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