Construction Microeconomics

Construction Microeconomics, 1st Edition, is a reference that applies microeconomic theory to examine decision-making by clients, contractors, and governments across the built environment. The volume investigates how key participants make economic choices during the planning and delivery of buildings and infrastructure.

In addition to mainstream microeconomics, the work introduces alternative frameworks, including new institutional economics, behavioral economics, and the capability approach. It connects these theoretical perspectives to practical industry topics such as land supply, sustainability, and lean construction.

Intended for advanced undergraduate and master's students, academics, and industry professionals, the text examines how sector-specific conditions alter foundational microeconomic modeling assumptions.