Skip to main content

Introduction to Construction Economics BLDC 2150

Building Construction Course

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.

Prerequisite(s)

  • No prerequisites are required for this course.

Credits

3.0

Cost

$519.05 - $571.11 See individual course offerings below for actual costs.

Course offerings

Spring/Summer 2023

Below is one offering of BLDC 2150 for the Spring/Summer 2023 term.

CRN 57704

Duration

Fri May 26 - Fri Aug 11 (12 weeks)

  • 12 weeks
  • CRN 57704
  • $519.05
Class meeting times
Dates Days Times Locations
May 26 - Aug 11 Fri 18:30 - 21:30 Online
Instructor

David Ngai

Course outline

View

Cost

$519.05

Important information
  1. Internet delivery format.
Status

In Progress and Full

This course offering is in progress and full. Please check this page for other currently available offerings, subscribe to receive email updates or contact us with your comments or questions.

Fall 2023

Below is one offering of BLDC 2150 for the Fall 2023 term.

CRN 34890

Duration

Fri Sep 08 - Fri Nov 24 (12 weeks)

  • 12 weeks
  • CRN 34890
  • $571.11
Class meeting times
Dates Days Times Locations
Sep 08 - Nov 24 Fri 18:30 - 21:30 Burnaby NE01 Rm. 403
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$571.11

Status

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
  2. Building Construction Technology
    Associate Certificate Part-time
  3. Building Design and Architectural CAD
    Associate Certificate Part-time

Contact Us

If you have a question or comment about this course, please complete and submit the form below.

  • Privacy Notice: The information you provide will be used to respond to your request for BCIT program 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 V5G 3H2, email: privacy@bcit.ca.
  • This field is for validation purposes and should be left unchanged.

Subscribe

Interested in being notified about future offerings of Introduction to Construction Economics (BLDC 2150)? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.

  • 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.