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MMP213 - Property Economics

Unit details

Year2018 unit information
Enrolment modes:Trimester 1: Burwood (Melbourne), Cloud (online)
Credit point(s):1
EFTSL value:0.125
Previously coded as:


Unit chair:

Dianne Thomson





Incompatible with:


Contact hours:

Campus: 1 x 2 hour class, 1 x 1 hour seminar per week

Cloud(Online): Online independent and collaborative learning activities including 3 scheduled online seminars


Property and real estate markets are directly affected by supply and demand factors which form the foundation for this unit.  Attention is placed on factors that influence supply and demand of all types of property including demography, property cycles, economic factors and government decisions.  This unit is closely linked to current day-to-day events and is very relevant to the ‘real world’.  It builds upon basic economic  theory and focuses specifically on the property fundamentals including housing affordability, the rent vs. buy decision and broader urban geography concepts which affect different sectors in the property industry e.g. retail, office and residential. 


Assessment 1 - (Group of 2-3) video (7 minutes) - 20%

Assessment 2

-Part 1 (Group 2-3) written Report (2000 words) - 20%

-Part 2 (Individual) Written report- self reflection (800 words) - 10% 

Assessment 3 -  Examination 2 hours -50%

Hurdle requirement: achieve at least 50% of the available marks in the examination

Unit Fee Information

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