BPE 4613 Construction Economics

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The BPE 4613 Construction Economics section examines the effectiveness of development and infrastructure models. Before the Great Patriotic War of 1941-45, construction economics was considered as part of the science of organizing construction production. Just a few years after the war, it developed into an independent branch.

Construction economics considers the following issues: organizational form of management (specialization, cooperation, concentration, merger and creation of industrial associations) and planning of capital investments and construction production (forecast and long-term, five years, one year), as well as structure, location and conditional work plan on the division of economic regions. An important task of this discipline is to check the transition to the process of planning and evaluating the work of a construction organization on the basis of projects that have been completed, handed over to the customer and is ready for operation.

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