Introduction to Construction Business Management

Undergraduate | 2026

Course page banner
Mode icon
Mode
Mode
Your studies will be on-campus, and may include some online delivery
On campus
area/catalogue icon
Area/Catalogue
BLDG 1021
Course ID icon
Course ID
205443
Campus icon
Campus
Adelaide City Campus
Level of study
Level of study
Undergraduate
Unit value icon
Unit value
6
Course owner
Course owner
Adelaide University
Course level icon
Course level
1
Work Integrated Learning course
Work Integrated Learning course
No
Study abroad and student exchange icon
Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
No
University-wide elective icon
University-wide elective course
No
Single course enrollment
Single course enrolment
No

Course overview

This course will provide students with an understanding of construction business environment and fundamental micro and macro-economics principles with particular reference to the construction industry. Introduction to Economic Characteristics of Construction Industry. Business Structures. Builder Licensing and Supervision. Employment Conditions. Industrial Relations Practices and Unionisation. Introduction to Economics. Market Mechanism: Demand, Supply and Equilibrium Process. Costs, Revenues and Pricing and their Application to Construction Firms. Market Structures. The National Economy and Government Policy. Economic Measures of Construction Activity. Trade and the Global Economy. Monetary Policy and Interest Rates.

Course learning outcomes

  • 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.

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

  • must not have completed BUIL1026 UO Introduction to Construction Business Management at the University of South Australia OR must not have completed BUIL4012 Construction Business Management at the University of South Australia

Assumed knowledge

N/A

Textbook(s)

N/A

Inherent requirements

N/A

Other resources

N/A

Assessment

N/A

Fee calculator

To display course fees, please select your status and program below:

We’re updating this Fee Calculator. It currently shows fees for programs only. Please check the relevant program for full fee details.

Study Abroad student tuition fees are available here.

Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information.

The Student Contribution amount displayed below is for students commencing a new program from 2021 onwards. If you are continuing in a program you commenced prior to 1 January 2021, or are commencing an Honours degree relating to an undergraduate degree you commenced prior to 1 January 2021, you may be charged a different Student Contribution amount from the amount displayed below. Please check the Student Contribution bands for continuing students here. If you are an international student, or a domestic student studying in a full fee paying place, and are continuing study that you commenced in 2025 or earlier, your fees will be available here before enrolments open for 2026.