MMP213 - Property Economics
| Year: | 2020 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Cloud (online) |
| Credit point(s): | 1 |
| Previously coded as: | SRP213 |
| EFTSL value: | 0.125 |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| 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) | 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.
Hurdle requirement
Hurdle requirement: achieve at least 50% of the available marks in the examination
Unit Fee Information
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