The course examines the functioning of the national and urban economy, with a focus on economic policy and methods of economic analysis in architectural planning and construction processes. Topics include the structure and performance of the construction sector; the land market in Israel and its unique characteristics; location considerations for housing, employment, services, public institutions, and infrastructure; construction financing and economic programming, including demand assessment, cost analysis, and profitability; the composition of construction and building operation costs across different building types; and introductory frameworks for project analysis and management from a life-cycle perspective.