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Bachelor of Quantity Surveying - Faculty of Built Environment

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<strong>Faculty</strong> <strong>of</strong> <strong>Built</strong> <strong>Environment</strong> > Undergraduate Prospectus > 11<br />

BQES 1104<br />

3 credits<br />

CONSTRUCTION ECONOMICS I<br />

Synopsis <strong>of</strong> Course Contents<br />

This course covers the introduction <strong>of</strong> micro and macroeconomics. The introduction to the nature <strong>of</strong> the<br />

construction economics discuss some basic concepts in economics that explained the nature <strong>of</strong><br />

construction industry and <strong>of</strong> construction markets, types <strong>of</strong> cost, price, pr<strong>of</strong>it, marginal analysis and,<br />

demand and supply. The relationships <strong>of</strong> the construction industry to the economy discuss the<br />

interaction with the economy and construction industry as a regulator <strong>of</strong> the economy. This course<br />

also includes a broad understanding <strong>of</strong> the development process and parties involved in construction<br />

industry, cost <strong>of</strong> building, value for money, design evaluation and buildability. It also covers the theory <strong>of</strong><br />

construction firm, procurement and tendering for construction project, its contractual liabilities and<br />

financial implication on client’s firm.<br />

Learning Outcomes<br />

At the end <strong>of</strong> the course, students are able to:<br />

1. identify the basic knowledge <strong>of</strong> micro and macroeconomics;<br />

2. explain the relationship between construction industry and the economy;<br />

3. describe the basic principles <strong>of</strong> construction economics; and<br />

4. apply knowledge <strong>of</strong> economic theory to the construction industry.<br />

Assessment:<br />

Continuous Assessment 30%<br />

Final Examination 70%<br />

S<strong>of</strong>t Skills:<br />

CS1, CT1, CT2, CT3, CT4, TS1, LL1, LL2, KK1, EM1, EM2<br />

BQES 1105<br />

2 credits<br />

DATA ANALYSIS<br />

Synopsis <strong>of</strong> Course Contents<br />

This course delivers the methodological and technical knowledge <strong>of</strong> a wide range <strong>of</strong> analytical<br />

methods used in data analysis. It provides the logical thinking and analysis <strong>of</strong> data in various forms and<br />

using a variety <strong>of</strong> qualitative and quantitative tools and techniques. The tools and techniques in this<br />

course includes methods <strong>of</strong> grouping, structuring, sampling and presentation <strong>of</strong> data, tabling, frequency<br />

distribution, graphical representation, measures <strong>of</strong> location and deviation, ratio, percentage analysis and<br />

probability theories.<br />

Learning Outcomes<br />

At the end <strong>of</strong> the course, students are able to:<br />

1. identify and describe the knowledge on theories, principles and concepts <strong>of</strong> the statistical methods,<br />

covering the use <strong>of</strong> quantitative and qualitative data analysis;<br />

2. analyse and evaluate problems related to the use <strong>of</strong> data analysis in the context <strong>of</strong> construction<br />

industry; and<br />

3. evaluate strategic choices in arriving a decision that are logical and pr<strong>of</strong>essionally.<br />

Assessment:<br />

Continuous Assessment 30%<br />

Final Examination 70%<br />

S<strong>of</strong>t Skills:<br />

CS1, CS2, CT1, CT2, CT3, CT4, CT5, CT6, TS1, TS2, LL1

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