Introduction to Property Economics

Course aim

To provide students with an introduction to the economic analysis of urban land use and land value

Course content

Introduction to property economics; Characteristics and function of the urban property market; Demand and supply factors influencing urban property markets; Concepts of highest and best use; Theory of urban land rent, land use and land value; Models of urban structure; Nature of housing markets & urban renewal; Retail trade area analysis; Role of government in urban planning, land management and development; Introduction to spatial analysis with respect to urban land use.

Textbook(s)

McManus P 2005, Vortex cities to sustainable cities, UNSW

Prerequisite(s)

Nil

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Lecture	1.5 hours x 13 weeks
Tutorial	1.5 hours x 12 weeks
EXTERNAL, CITY WEST, DISTANCE EDUCATION
External	N/A x 13 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Assignment 1 - Team based tutorial presentation, Assignment 2, Examination, Tutorial Assessment - individual weekly

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4A)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.