The aim of PLAN9045 Economics for the Built Environment is to introduce the key economic theories, processes and techniques used by contemporary urban planners. This unit of study has two parts. In the first part of the unit, students are introduced to the economic drivers shaping city and regional development outcomes, and the location and form of different land uses and how they evolve. The second part of the unit equips students with core technical skills, including project evaluation, economic impact analysis, development feasibility, and introductory aspects of public finance. A key focus of the course is to equip students with a very good working knowledge of property feasibility analysis.
4-day intensive (9am-5pm)
2 x individual written reports of 2,000 words (70%); 1 x group presentation and report (30%). Peer assessment may occur for group work.