Property Economics

Undergraduate | 2026

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Area/Catalogue
MARK 2200
Course ID icon
Course ID
200240
Level of study
Level of study
Undergraduate
Unit value icon
Unit value
6
Course level icon
Course level
2
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Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
Yes
University-wide elective icon
University-wide elective course
Yes
Single course enrollment
Single course enrolment
Yes
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Note:
Course data is interim and subject to change

Course overview

This course deepens students' understanding of economics and property concepts from Discovering Opportunities in Property (DOP) and 'Principles of Economics, while enhancing analytical skills from Quantitative Methods for Business. Unlike DOP, this course establishes theoretical foundations of property markets and values, applying principles using International Valuation Standards. Students will explore economic and geographical factors influencing property markets and solve practical problems faced by real estate professionals. This foundational course is crucial for subsequent studies in valuation, marketing, management, and property development, relating material to global examples.

Course learning outcomes

  • Demonstrate an understanding of how economic and geographical factors influence property markets
  • Apply property economic theory to the development and pricing of land resources
  • CO3. Compare the role of the free market and Government, in land resource management
  • Demonstrate an understanding of the main characteristics of housing markets and the process of regeneration

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A