MMP213 - Property Economics

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Ameeta Jain
Prerequisite:

Nil

Corequisite:Nil
Incompatible with: Nil
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 2 hour on-campus lecture (recordings provided) and 1 x 1 hour on-campus seminar (recordings provided) each week

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 2 hour recorded lecture provided and 1 x 1 hour online seminar (recordings provided) each week

Content

Property Economics is a unit that 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 property cycles, the rent vs. buy decision, government policies in relation to real estate industry & urban development. In this unit, we examine the factors that influence supply and demand of property and consequently causing a change in use and value of property. Students will study about topical issues such as housing affordability, demographic changes & their impact on real estate markets, financing of transport infrastructure and property taxation.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Apply key economic principles to a variety of property market contexts and issues.  

GLO1: Discipline-specific knowledge and capabilities

ULO2

Interpret and present property-related information in written, visual and oral formats to a range of audiences. 

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication

ULO3

Evaluate the impact of various team roles and goal setting to achieve project outcomes.

GLO7: Teamwork

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week

Assessment 1: (Group of 3) Presentation (Video Recording)

7 minutes 20% Week 5

Assessment 2:
Part A: (Group of 3) Business Report   
Part B: (Individual) Written reflection (self) 

Part A: 3000 words
Part B: 500 words

Part A: 20%
Part B: 10%

Week 9
Examination - Specified resources 2 hours 50% End-of-unit assessment period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MMP213 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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