Model of Estate Costs (MEC)

Sector: Economics of Education | Education and Labour Markets
Client: N/A
Published: March, 2010
Document type: Report 
Tagged: quantitative analysis UK

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.