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.
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
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.
Learning outcomes and graduate attributes
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||demonstrate understanding of the principles of economic theory and practice relevant to land use planning.||Knowledge of a discipline|
|2||apply economic concepts to land use planning situations.||Intellectual rigour||Ethical practice||Knowledge of a discipline|
|3||analyse property valuation and management factors that relate to land development and planning.||Intellectual rigour||Knowledge of a discipline|
|4||identify suitable economic assessment methods fit for purpose, apply appropriate methods and critically review assessments.||Intellectual rigour||Knowledge of a discipline|
|5||critically reflect on elements of land use planning that can influence the economics of land development.||Intellectual rigour||Lifelong learning|
Teaching and assessment
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2018 Commonwealth Supported only. Student contribution band: 2
Please check the international course and fee list to determine the relevant fees.