Development Economics

Course aim

To familiarise students with the property development process and develop an analytical framework by which each student can make property and real estate investment decisions.

Course content

Nature and scope of the property development life cycle of property developments. Investment analysis, development feasibility, methods of valuation and analysis of property. Financial, legal, political, social and physical factors affecting property development, risk and sensitivity in property investment decisions, the role of Planning in property.

Textbook(s)

Nil

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number	Course Name
BUIL 1023	Economics for Construction Professionals
BUIL 2018	Building Estimating
BUIL 2021	Construction Cost Planning

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY EAST
Lecture	2 hours x 13 weeks
Tutorial	2 hours 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: property market study, Assignment 2: project feasibility study, Examination

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 2)
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.