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MMP213 - Property Economics

Year:

2022 unit information

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

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

From T2 2022:
Online independent and collaborative learning activities including 1 x 1 hour weekly scheduled online seminar 

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. 

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 property economics principles to a variety of property contexts and issues

GLO1: Discipline-specific knowledge and capabilities

ULO2

Interpret and analyse property data to inform property market decisions

GLO1: Discipline-specific knowledge and capabilities

ULO3

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

GLO7: Teamwork

ULO4

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

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 3) Presentation (Video Recording)

7 minutes 20% Week 6

Assessment 2:
Part 1: Business Report (Group of 3)  
Part 2: Written reflection (self) (Individual)

Part 1: 3000 words
Part 2: 800 words

Part 1: 20%
Part 2: 10%

Week 9
Assessment 3: Examination (Closed Book) 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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