LAND AND PROPERTY ECONOMICS

LAND AND PROPERTY ECONOMICS
Course Code
PO 2501
Credit Points
15
Course Coordinator
Dr D Roberts

Pre-requisites

EC 1003 and EC 1503. Available only to students in Programme Year 2.

Overview

This course examines the economic characteristics of property. Introduction to property market analysis: use, investment and development. Analysis of property sectors (housing, office, retail, industrial). Macroeconomics of property markets, the interaction between property markets and the economy. Economic basis of planning, planning regulation in a market economy. Economic analysis of planning policy and delivery, techniques of economic and environmental evaluation in planning.

Structure

3 one-hour lectures and one tutorial per fortnight.

Assessment

1st Attempt: 1 two-hour written examination (80%) and in-course assessment (20%).

Resit: 1 two-hour written examination (80%) and original in-course assessment mark (20%).