Availabilities:

Not currently available in 2020

Unit description

Introduces students to the key economic theories, processes and techniques relevant to contemporary urban and regional planners. The unit also explores aspects of economics that drive and underpin land development including property valuation, cost benefit analysis, economic assessment, development costs and charges and fundamentals of land tenure and titling in NSW.  The unit also examines how planning controls impact on and influence the economics of development.

Unit content

Topic 1: Economics Fundamentals and Theories

Topic 2: Land Tenure, Titling and Management in NSW

Topic 3: Property Valuation

Topic 4: Economic Assessment

Topic 5: Cost Benefit Analysis

Topic 6: Development Costs and Charges

Topic 7: Planning Influences on Development Economics

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to:GA1GA2GA3GA4GA5GA6GA7
1demonstrate understanding of the principles of economic theory and practice relevant to land use planning. Knowledge of a discipline
2apply economic concepts to land use planning situations.Intellectual rigourEthical practiceKnowledge of a discipline
3analyse property valuation and management factors that relate to land development and planning.Intellectual rigourKnowledge of a discipline
4identify suitable economic assessment methods fit for purpose, apply appropriate methods and critically review assessments.Intellectual rigourKnowledge of a discipline
5critically reflect on elements of land use planning that can influence the economics of land development.Intellectual rigourLifelong learning

On completion of this unit, students should be able to:

  1. demonstrate understanding of the principles of economic theory and practice relevant to land use planning.
    • GA4: Knowledge of a discipline
  2. apply economic concepts to land use planning situations.
    • GA1: Intellectual rigour
    • GA3: Ethical practice
    • GA4: Knowledge of a discipline
  3. analyse property valuation and management factors that relate to land development and planning.
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  4. identify suitable economic assessment methods fit for purpose, apply appropriate methods and critically review assessments.
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  5. critically reflect on elements of land use planning that can influence the economics of land development.
    • GA1: Intellectual rigour
    • GA5: Lifelong learning

Teaching and assessment

Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2020 Commonwealth Supported only. Student contribution band: 2

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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