| Practice area: | Economics of Education | Education and Labour Markets |
|---|---|
| Client: | N/A |
| Published: | March, 2010 |
| Keywords: | quantitative analysis |
London Economics were commissioned by AUDE (University Association of Directors of Estate) to update and restructure the previous model of the non-residential estate costs. The new model, the Model of Estate Costs (MEC) allows the estimation of annualised financial costs for different types of freehold, leasehold and licence non-residential estate (teaching, research, etc) and of notional carbon emissions.