13322 (v.3) Property Economics 102


 

Area:School of Economics and Finance
Credits:25.0
Contact Hours:3.0
Lecture:1 x 2 Hours Weekly
Laboratory:1 x 1 Hours Weekly
Equivalent(s):10837 (v.2) Land Economics 102 or any previous version
Prerequisite(s):1234 (v.4) Economics 100 or any previous version
Syllabus:Examines the city as a market. Economic cost of spatial interactions. Trade, urban location and growth. Measurement of regional and urban economic activities. Housing and transportation. Urban functions in intermediate and developing economies. Aboriginal urban and housing issues. Town planning instruments, institutions and property economics. Zoning. Rating, taxing and allocating urban public goods.
 
Unit Outcomes: On successful completion of this unit students will have - Had an introduction to real property theory and practice. Looked at three common types of property decisions and used these as examples for presenting basic theoretical concepts such as location and hedonic price models, important property institutions such as land titles, mortgages, etc. Had an introduction to urban planning, urban problems, urban growth, allocation of land uses, economic reasons for cities exist and influences on property values.
Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.
Unit References: No prescribed references.
Unit Texts: Polese M. and Fischer D., Urban, Regional and Property Economics (available on website). O'Sullivan A., Urban Economics, 4th ed., Boston, Irwin McGraw-Hill.
 
Unit Assessment Breakdown: End of semester exam 50%, Lab exercises (4) 20%, Participation/contribution 10%, Research a property economics topic, prepare a paper, and present to class (in 5 person groups) 10% (paper) 10% (presentation). This is by grade/mark assessment.
YearLocationPeriodInternalArea ExternalCentral External
2004Bentley CampusSemester 1Y Y
2004Bentley CampusSemester 2  Y
2004Joondalup CampusSemester 1Y  

 

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