Last modified: 28 Jun 2018 10:27
To understand and apply economic principles to contemporary issues concerned with land management, land development, nature conservation and the environment. Part of the course looks at Land Economics, and this examines the real estate development process and development economics. This is a core part of what RICS surveyors do. A substantive part of the course also looks at Environmental Economics including the costs and benefits of alternative environmental policies to deal with land management, nature conservation, water quality and global warming issues. Sustainability issues are introduced in the course.
Study Type | Postgraduate | Level | 5 |
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Term | First Term | Credit Points | 15 credits (7.5 ECTS credits) |
Campus | None. | Sustained Study | No |
Co-ordinators |
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The course covers environmental economics and also land economics and will examine the following topics:
Introduction to application of economic principles – macro and micro
Managing externalities and options for valuing the environment and landscapes
Development Economics - Shaping markets – making plans and reforming institutions - Shaping markets by strategic transformation - Regulating real estate markets - Market Stimulus
Econ Value of upland Landscapes - Choice Experiment and Contingent Valuation
Land use in the Scottish hills and uplands: how can economics help create complementarity and avoid conflicts?
Ecosystem services - Incl. payments -Bring in more CNPA examples - Wild Ennerdale water example Ospreys – Lakes
Economic impacts of projects
Site Visit – Glen Tanar & River Dee Trust
Information on contact teaching time is available from the course guide.
One three hour exam (60%) and one essay (40%)
There are no assessments for this course.
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