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Economics in Construction: A) Project appraisal methods, B) The effects of megaprojects on construction, material markets and technology and, C) The effects of megaprojects on the macroeconomy and fiscal policy.

The Assignment Brief is attached with all the details. In summary, the UK government wants to build High-Speed Railway 3 (HS3) from Edinburgh to Leeds starting as soon as possible from the Edinburgh end. Three main questions (detailed subquestions in Assignment Brief) need to be answered: A) Project appraisal methods, B) The effects of megaprojects on construction, material markets and technology and, C) The effects of megaprojects on the macroeconomy and fiscal policy.