Property Economics

Course aim

To provide students with an introduction to the economic and geographical analysis of property and property markets.

Course content

Characteristics and function of property markets and their role in an economic system; demand and supply factors influencing property markets; property market cycles and government intervention; theory of urban land rent, land use and land value; concepts of highest and best use; foundations of real property value; valuation approaches and methods; models of urban structure; nature of housing markets, urban decay and regeneration; planning for housing, transport and infrastructure; demography and forecasting.

Textbook(s)

Nil

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number	Course Name
MATH 1053	Quantitative Methods for Business
BUSS 1055	Discovering Opportunities in Property
ECON 1008	Principles of Economics

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Preparatory	1 x 1 week
Lecture	1 hour x 10 weeks
Lecture (Virtual)	1 hour x 10 weeks
Workshop	2 hours x 10 weeks
EXTERNAL, CITY WEST, ONLINE
External	30 hours x NA

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

Assessment

Examination, Report

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
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.