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MMP213 - Property Economics

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 2, 2020 will be online.

Last updated: 2 June 2020

Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:SRP213
Unit Chair:Trimester 1: Dianne Thomson
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.

Scheduled learning activities - campus:

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

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 3 scheduled online seminars

Content

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. 

 

These are the Learning Outcomes (ULO) for this Unit
At the completion of this Unit, successful students can:

Deakin Graduate Learning Outcomes
ULO1

Identify and apply key principles underpinning property economics to explain supply and demand interactions and issues affecting housing affordability, land use and urban development.

GLO1: Discipline-specific knowledge and capabilities
ULO2

Interpret commonly reported metrics to understand underlying issues in the property market

GLO1: Discipline-specific knowledge and capabilities
ULO3

Collaboratively, evaluate issues relating to the property market and urban development. 

GLO1: Discipline-specific knowledge and capabilities
GLO7: Teamwork
ULO4

Prepare written, visual and oral presentations to appropriately report property related information.

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication

 

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)		 Indicative due week 
Assessment 1 - (Group of 2-3) video (7 minutes) - 20%     Week 7

Assessment 2

Part 1: (Group 2-3) written Report

Part 2: (Individual) Written report- self reflection

Part 1: 2000 words

Part 2: 800 words

Part 1: 20%

Part 2: 10%

 Week 9
Assessment 3 -  Examination 2 hours 50% Exam 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.

Hurdle requirement

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

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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