SRE270 - Building Economics

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 2: Waterfront (Geelong)
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 2: Xin Hu
Prerequisite:

SRE170

Corequisite:Nil
Incompatible with: SREM270
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 lecture per week, 1 x 1 hour seminar per week.

Content

The SRE270 unit explores macro and micro economic concepts and theories as they apply to the construction and property industries. In this unit, students will learn about economics, economic activities and policies and their impacts on the construction and property industries, market and trade efficiency, demand and supply, and factors of production (including entrepreneurship, capital, labour, and land). In addition, students will
develop skills and knowledge about business planning and project evaluation.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1 Recognise economic concepts, theories, policies, and activities affecting the construction and property industries.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO7: Teamwork

ULO2 Apply economic concepts and theories in evaluating the impacts of economic policies and activities on the construction and property industries.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem Solving

ULO3 Interpret the principles and application of business planning on construction projects.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem Solving

ULO4 Identify and apply the processes involved in project evaluation.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem Solving

ULO5 Analyse the factors of production and examine their application in the construction and property industries.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem Solving

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week
Assessment 1
Group research report
Written report, 6000 words maximum 30% Week 5
Assessment 2
Individual report 1
Written report, approximately 2000 words 30% Week 8
Assessment 3
Individual report 2
Written report, approximately 3000 words 40% Week 12

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.

Hurdle requirement

To be eligible to obtain a pass in this unit students must achieve at least 40% in the Individual report 2.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: SRE270 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

Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

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For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.