Fundamentals of Urban EconomicsLaajuus (3 ECTS)

Objective

On completion of the course the student will be familiar with
- the role of the construction industry in the society
- the process of infrastructure construction
- the life cycle costs of areal development projects
- the influence of local environmental conditions on infrastructure development
- the concept of marginal costs in land use and construction
- the role of stakeholders in a construction project

Content

The process of a development project
The legal basis of a construction project: planning, permits, ownership of land etc.
The role of the construction industry in the society
The process of a construction project and the actors in the process
The costs of infrastructure construction
- roads, pipelines, lines
- dwellings
- public buildings
The life span model in regional development
The influence of environment on construction (soil, climate, local community)
Controlling construction expenses
Quality and environmental issues

Assessment criteria, satisfactory (1)

The student is able to explain the process of a construction project and the actors in the process. He or she is able to explain the roles of the actors in the process. The student is able to conduct basic cost evaluations of infrastructure.