Standard architectural drawings
Architectural drawing An architectural drawing is a technical drawing that visually communicates how a building and/or its elements will function and appear when built. Architects and designers produce these drawings when designing and developing…
What are the Different Components of Construction Drawings?
Construction drawings are the most important part of any construction project. These drawings are vital for the commencement of construction phase in building design. Construction drawings are orthographic projections and are basically…
Schedule of work for construction
Introduction Schedules of work (or schedule of works) are 'without quantities' instructional lists often produced on smaller projects or for alteration work. They are an alternative to bills of quantities, allowing the pricing of items, such as builders' work and fixing schedules (such as…
What is a Window and Door Schedule in Home Plans?
A window and door schedule in a home build plan is the plan for when these items are scheduled to be installed. Window and door schedules are essential when planning…
Layout and Framing Plan Views
Foundation Plan The information on a foundation plan provides critical dimensions for structural support features. The height of the cutting plane should be set to “cut through” any windows, doors,…
What is the standard size for construction plans?
The drawing sizes for construction plans will come in several different formats — with 18” x 24” and 24” x 36” being the most common. But you can also find…
GDP
Introduction Definitions and Basics ● National Income Accounts, from the Concise Encyclopedia of Economics ● The broadest and most widely used measure of national income is gross domestic product (GDP), the value of expenditures…
Inflation
Introduction Definitions and Basics ● Inflation, from the Concise Encyclopedia of Economics ● Economists use the term "inflation" to denote an ongoing rise in the general level of prices quoted in units of money.…
Real, Relative, and Nominal Prices
Introduction ● Definition: The nominal price of a good is its value in terms of money, such as dollars, French francs, or yen. The relative or real price is its value…
Opportunity Cost
Introduction ● Opportunity cost refers to what you have to give up to buy what you want in terms of other goods or services. When economists use the word "cost," we…
