Basic concepts of building economics including time value of money, life cycle costing, cost and benefit ratio analysis, depreciation, and depletion. Fundamental concepts of equipment economics and cost: the owning and operating costs of equipment and determining the economic life of equipment. Estimating productivity of the different categories of the construction equipment such as: excavating and lifting, loading and hauling, compacting and finishing, Evaluation and selection of equipment. Construction engineering design within economic constraints including design of temporary support systems. Computer Applications.

Pre-requisites: ARE330 Or ARE413