The Economics of Building: A Practical Guide for the Design Professional

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John Wiley & Sons, Aug 1, 1990 - Technology & Engineering - 272 pages
Both an introduction to economic principles as they relate to building design and a practical guide to putting these principles to effective use. It brings together a variety of specialized topics relevant to building economics, including cost estimating, life cycle costing, cost indexes, capital budgeting, decision analysis, and real estate feasibility analysis. Develops these concepts within the framework of an integrated approach to design and management decision-making, simplifying where appropriate, but never at the expense of intellectual content. Incorporating a number of sample spreadsheet models, The Economics of Building is a practical resource and guide to the financial assessment of planning, design, and management decisions about buildings.
 

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Contents

A Changing Context for Building Design and Management
3
The Decision Process In a Changing Context
11
Concepts of Value
19
The Time Value of Money
29
Economic Evaluation Approaches
39
Depreciation and Taxes
61
Inflation Deflation and Differential Escalation
73
Cost Data
83
TradeOff Games
127
Capital Planning and Budgeting
135
Real Estate Feasibility Fundamentals
147
Concept Cost Estimating
169
Systems Cost Estimating
183
LifeCycle Costing
213
Discount Factor Tables
231
lndex
241

Cost lndexes
101
The Decision Analysis Approach
117

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About the author (1990)

Robert E. Johnson is the author of The Economics of Building: A Practical Guide for the Design Professional, published by Wiley.

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