Introduction to Construction Business Management
UndergraduateUSA-BUIL10262024
Course information for 2024 intake View information for 2025 course intake
Learn the micro and macro-economic principles behind construction. Consider how changes in the market can affect construction firms – including the impact on costs, revenues and pricing. Learn using real firms as examples, using market data.
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 10 weeks
- Loan available
- FEE-HELP available
Introduction to Construction Business Management
About this subject
By the end of this 10-week course, you’ll be able to:
- Describe the construction business environment.
- Define economics and appreciate its importance to the construction industry.
- Know fundamental micro-economic theory and relate it to firms in the construction industry..
- Know fundamental macro-economic theory and how it impacts both construction output as well as national output.
- Describe the global economy and explain how international economic events impact on the construction industry.
- Construction Business Environment
- Introduction to Micro Economics
- Market Mechanism, Elasticity of Supply and Demand
- Cost of Production and Revenue (Short Run)
- Cost of Production and Revenue (Long Run)
- Market Structures
- Macro Economics (Part 01) - Circular flow of income and expenditure and Equilibrium of National income
- Macro Economics (Part 02)- Economic Wealth and Business cycle
- Macro Economics (Part 03): Unemployment, Inflation and Public Finance
- International Economy
Gain an understanding of the fundamental micro and macro-economics principles through a construction lens. Analyse how changes in market conditions and monetary policy can affect construction firms. Examine the unique characteristics and different types of markets and how they impact costs, revenues and pricing.
Investigate real-world scenarios and case studies. As part of your assessments, you’ll investigate the market characteristics of a construction firm with a major presence in Australia. You’ll learn to use real-time market data including market shares, profits and sales to analyse the firm’s position in the market.
UniSA Online’s 10-week short courses give you the flexibility to upskill in a certain area, stay current with developments in your field, diversify your knowledge, or even explore a new direction in your career – without having to commit to the time and cost of a full university degree.
This is a first-year course from UniSA Online’s Construction Management degrees.
Delivered 100% online, you’ll be able to study where and when it suits you. Access online academic and student support seven days a week, fit study around work and life commitments, view learning resources 24/7, and log in to the interactive online environment anywhere, any time and on any device. Should your course have an exam it will be scheduled for Australian Central Standard Time or Australian Central Daylight Time, depending on the time of the year.
- Continuous (Tests/Quizzes) (50%)
- Continuous (Case Studies) (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
The University of South Australia (UniSA) is ranked as one of the best young universities in the world, and is the number one university in Australia for graduate employability. UniSA offers over 200 world-class degrees that are informed by industry and delivered with a highly practical approach to teaching and learning, and is a valuable partner with Open Universities Australia.
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- 21
Entry requirements
No entry requirements
Additional requirements
- Other requirements - Students must be aged 17 or older by the time teaching commences for their course of study, in accordance with UniSA’s Selection and entry to programs policy.
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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