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SRE270 - Building Economics

Enrolment modes:Trimester 1: Waterfront (Geelong)
Trimester 2: Waterfront (Geelong)
Credit point(s):1
EFTSL value: 0.125
Unit chair:

Linda Tivendale

Prerequisite:SRE170
Corequisite:

Nil

Incompatible with:

Nil

Contact hours:

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

Note:

You will need to access substantial learning resources and experiences in CloudDeakin (Deakin’s online learning environment). Compliance with the Standards in computing, connectivity and student capability are a condition on your enrolment.

Content

This unit explores macro and micro economic concepts as they apply to the construction and property industries. Topics include the behaviour of the Australian economy, macro economic theories, tools and policies available to influence the performance of the economy, supply prices and output decision-making and structure, market fluctuations, price mechanisms, concept of cost, profit maximising, market structures, government intervention and regulation, consumer behaviour and labour markets. Urban economics, including land as a factor of production, land rent, land use problems, location decisions, urban growth, transportation and public intervention are also discussed. An introduction to business planning is undertaken. 

Assessment

One assignment 25%, group research report 25%, examination 50%.  To be eligible to obtain a pass in this unit students must achieve at least 40% in the examination.

Unit Fee Information

Unit fee information available soon

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8th June 2007