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Unit Synopsis
This unit explores how economic principles can be applied to real estate and property-related issues. You will examine the economic, social, and environmental factors that influence property markets and development outcomes, and learn how these factors shape decision-making in the built environment. The unit introduces a range of economic tools and frameworks used to evaluate property and planning challenges, before examining urban and regional economic issues with a particular focus on infrastructure planning and its role in supporting sustainable growth and development.
Details
| Level | Undergraduate |
|---|---|
| Unit Level | 2 |
| Credit Points | 6 |
| Student Contribution Band | SCA Band 4 |
| Fraction of Full-Time Student Load | 0.125 |
| Pre-requisites or Co-requisites |
ECON11026 or FINC11002 Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework). |
| Class Timetable | View Unit Timetable |
| Residential School | No Residential School |
Unit Availabilities from Term 1 - 2027
Term 1 - 2027 Profile
Attendance Requirements
All on-campus students are expected to attend scheduled classes - in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).
Recommended Student Time Commitment
Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.
Assessment Tasks
To see assessment details from an earlier availability, please search via a previous term.
This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).
Past Exams
All University policies are available on the Policy web site, however you may wish to directly view the following policies below.
This list is not an exhaustive list of all University policies. The full list of policies are available on the Policy web site.
Feedback, Recommendations and Responses
Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.
Source: Scholarship
Embracing artificial intelligence (AI)
There is potential to refine the first assessment task and incorporate a simulated community forum, where students engage with prominent property economists (AI) in an aim to solve a wicked problem.
The assessment task one was changed to a case study incorporating an AI Stakeholder forum and reflective assessment.
Source: Unit outlines
Unit refinements
There are a series of refinements due to accommodate a new assessment task and update learning outcomes and mapping.
An updated unit proposal was submitted and approved, detailing the introduction of the new AI assessment task, along with revised learning outcomes and updated assessment mapping to ensure alignment between unit objectives, learning activities, and assessment requirements.
Source: Unit Coordinator
Refine the rubric for Assessment Task One.
The AI stakeholder assessment was a novel addition. It will be continued but as part on of going refinement a revised and more detailed rubric will be provided.
In Progress
Source: Student Evaluation of Unit
'Enjoyed the course. [Lecturer] does a great job presenting the workshops. Feedback is timely. Expectations are clear. Content is thorough but not overwhelming.'
Continue the same weekly class (workshop) structure. Use the same feedback approaches with a refined rubric.
In Progress
To see Learning Outcomes from an earlier availability, please search via a previous term.