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New course open for applications in Construction Economics

Posted on August 14, 2017


Do you have strong interest in the construction industry but are unsure of which route to take? If you answer yes to this question then a course in Construction Economics could be the course for you. Construction Economics is a course designed for those with an interest in the building industry and offers graduates a broad skills base for management of construction projects with a strong emphasis on cost.

Construction costs have a strange habit of getting out of control when no one is looking. Some of the greatest construction projects on the planet have had cost problems. The Sydney Opera House, which took 18 years to design and build, opened in 1973 and cost 15 times more than was originally projected. The 2014 Winter Olympics in Sochi (Russia) were budgeted at US$12 billion but the final cost was US$51 billion making them the most expensive Olympics in history! Many construction projects did not finish or even start because of finance problems.

So the need for managing costs when setting up sites and the efficient control of labour, plant and materials throughout the construction project are vital in order for the successful completion within an agreed budget. Undertaking this course will ensure that graduates are prepared for the role of managing construction projects in an ever changing industry. The course utilises the latest technology and software used in the construction industry and we work very closely with contractors, sub-contractors and professional organisations to ensure that our course reflects the current needs of the work place.

Course Structure

The Higher Certificate in Construction Economics is a two year full time programme offered over four semesters. The programme consists of twelve subject modules – six per semester.

The course commences with the key subjects of building technology, measurement, surveying and Computer Aided Design (CAD), providing a solid grounding in the core knowledge and skills of the construction professional. An Introduction to the Building Industry module provides an understanding of the complexities of modern construction while a module in Site Management deals with the organizational skills, materials management and Health & Safety requirements of running a building site. Year one also provides an ongoing focus on verbal, written and digital communication across a number of modules.

In the second year students continue to explore core subjects at a more advanced level while being introduced to the new modules of law and construction administration which examine the necessary aspects of contracts, payments and insurances. The Cost Planning, Cost Control and Programming modules provide the necessary skills for planning and running a construction project of any size. Year two also introduces measurement and pricing software ensuring that all students completing the course will be able to estimate the cost of construction projects using modern software.


  • Land Surveying
  • Computer Aided Design
  • Construction Technology
  • Using computers in construction
  • Estimating the cost of construction jobs
  • Measurement, pricing and tendering
  • Materials and Site Management
  • Purchasing materials
  • Employing sub-contractors
  • Health and Safety
  • Communication, Report Writing and Presentation

Full details here

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