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  5. Real Estate
  6. PO2009: LAND AND PROPERTY ECONOMICS

PO2009: LAND AND PROPERTY ECONOMICS (2017-2018)

Last modified: 25 May 2018 11:16


Course Overview

The course will facilitate greater understanding of real estate and land markets and of the linkages between supply, demand and price. It will provide explanations of market behavior and discuss activity patterns and outcomes with reference to specific property markets. Students will gain an understanding of the institutions that govern land use and real estate transactions and will develop skills to identify and interpret property market data in order to analyze market sectors and property types. Students will also make critical economic assessments of land use and planning policy and the methods of policy delivery.

 

Course Details

Study Type Undergraduate Level 2
Term First Term Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Dr Nan Liu

Qualification Prerequisites

  • Programme Level 2

What courses & programmes must have been taken before this course?

  • One of EC1004 Microeconomics 1 (Passed) or EC1005 The Economics of Business and Society (Passed) or EC1006 The Economics of Business and Society (Passed)
  • Any Undergraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

  • Economic analysis of property markets.
  • Property market as a set of linked markets.
  • Institutional and regulatory environment of property.
  • Basics of property market analysis: use, investment and development.
  • Analysis of property sectors (offices, retail, industrial, housing).
  • Modelling property market activity.

    • Contact Teaching Time

    Information on contact teaching time is available from the course guide.

    Teaching Breakdown

    More Information about Week Numbers


    Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

    Summative Assessments

    1st Attempt: 1 two-hour examination (80%); continuous assessment (20%) consisting of one essay of 1,500 words in length.

    Resit: 1 two-hour written examination (100%).

    Formative Assessment

    This will take place via tutorial discussions.

    Feedback

    Oral feedback is given on the tutorial presentation. A written feedback will be given to the essay assignment.

    Course Learning Outcomes

    None.
     

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