Course Information

Course Code:
Course Number:
Code Course Name Language Type
MIM 4045 Design Economics Turkish Elective
Local Credits ECTS Theoretical Tutorial Laboratory
2 4 1 2 0
Course Prerequisites and Class Restriction
Prerequisites MIM 332 MIN DD
or MIM 332E MIN DD
or MIM 359 MIN DD
or MIM 359 MIN DD
Class Restriction None
Course Description
This course introduces economic principles and theories as they relate to building design decisions and how to use economic principles when making design decisions. Within this scope; concepts of value, cost and price are clarified. Economic evaluation approaches, life-cycle costing, capital planning and budgeting, cost implications of design variables, cost estimating techniques are showed. The course involves an overview of cost planning stages (outline proposals, detailed proposals and tender documentation stages) as a design team responsibility.