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Built Environment Economics (10145.1)

Level: Level 3 - Undergraduate Advanced Unit
Credit Points: 3
HECS Bands: 2
Faculty: Faculty of Business, Government & Law
Discipline: Canberra School of Politics, Economics and Society

Availability

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As a result of the Australian Government's directives requiring physical distancing and restrictions on movement because of the COVID-19 pandemic, you may find that learning activities and/or assessment items in some units you are studying have changed. These changes will not be updated in the published Unit Outline but will be communicated to you via your unit’s UCLearn(Canvas) teaching site. The new learning activities and/or assessment items will continue to meet the unit's learning outcomes, as described in the Unit Outline.

New learning activities and/or assessment items are available on your unit's UCLearn(Canvas) teaching site. Please contact your Unit Convener with any questions.

Unit Outlines

To view your Unit Outline, click View to log in to MyUC and access this information, or visit your unit's online teaching site.

  • Semester 1, 2020, ON-CAMPUS, BRUCE (194140) - View
  • Semester 1, 2019, ON-CAMPUS, BRUCE (187229) - View
  • Semester 1, 2018, ON-CAMPUS, BRUCE (177884) - View

If a link to your Unit Outline is not displayed, please check back later. Unit Outlines are generally published by Week One of the relevant teaching period.

Syllabus

This unit introduces students to macro and micro economic concepts as they apply to the construction and property industries. The business cycle and the role of fiscal and monetary policy are covered, and their effect on the property and construction industries explored. Other topics include market structures, government intervention and regulation, consumer behaviour and an examination of the domestic built environment industry within an international context.

Learning Outcomes

On successful completion of this unit, students will be able to:

1. Examine macro and micro economic fundamentals and drivers of the built environment;

2. Appraise the importance and impact of the construction business cycle within the economy;

3. Assess the impact of monetary and fiscal policy on the built environment sector; and

4. Evaluate the context of the domestic built environment industry within an international setting.

Assessment Items

Contact Hours

3 hours per week consisting of a 2 hour lecture and 1 hour tutorial.

Prerequisites

None



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