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Introduction to Construction Economics BLDC 2150

Building Construction Course

International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

Course details

The course is a basic introduction to the concept of the time value of money using simple rates of return, interest rates and types, and decision criteria. Pricing techniques and methodology are introduced as part of the estimating process and bid preparation. Various forms of budget pricing are introduced which lead to a more detailed study of elemental analysis. This course may be eligible for students to receive funding through the StrongerBC Future Skills Grant at www.bcit.ca/financial-aid/strongerbc-future-skills-grant. Students register themselves into the course, then apply for the StrongerBC Future Skills Grant to cover payment, if eligible.

Prerequisite(s)

  • No prerequisites are required for this course.

Credits

3.0

Domestic fees

$542.25

Course offerings

Spring/Summer 2024

Below is one offering of BLDC 2150 for the Spring/Summer 2024 term.

CRN 57704

Duration

Fri Apr 12 - Fri Jun 28 (12 weeks)

  • 12 weeks
  • CRN 57704
  • Domestic fees $542.25
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 12 - Jun 28 Fri 18:30 - 21:30 Online
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Domestic fees

$542.25

Important information
  1. Internet delivery format.
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
Status

Cancelled

This course offering has been cancelled. Please check back next term, subscribe to receive email updates or contact us with your comments or questions.

Learning Outcomes

At the end of this course the student will be able to:

  • Recognize the relationship between interest rates and the time value of money.
  • Calculate present and future value problems.
  • Evaluate and rank various investment opportunities.
  • Assemble key financial components and prepare a pro-forma statement.
  • Convert material quantities to final estimate costs by applying pricing techniques and methodology.
  • Describe crew assembly, and develop corresponding crew rates.
  • Generate unit prices for applicable tender requirements.
  • Identify the process of final tender assembly and preparation.
  • Distinguish various budget pricing techniques and their applications.
  • Carry-out the steps involved in completing an elemental analysis of particular project.

Effective as of Fall 2007

Related Programs

Introduction to Construction Economics (BLDC 2150) is offered as a part of the following programs:

School of Construction and the Environment

  1. Architectural and Building Technology
    Certificate Part-time

Contact Us

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  • Privacy Notice: The information you provide will be used to respond your request for BCIT course information and is collected under Section 26(c) of the Freedom of Information and Protection of Privacy Act (FIPPA). For more information about BCIT’s privacy practices contact: Associate Director, Privacy, Information Access & Policy Management, British Columbia Institute of Technology, 3700 Willingdon Ave. Burnaby, BC V5A 3H2, email: privacy@bcit.ca.