QUSU08032 2014 Property Development and Economics

General Details

Full Title
Property Development and Economics
Transcript Title
Property Dev and Econ
Code
QUSU08032
Attendance
N/A %
Subject Area
QUSU - Quantity Surveying
Department
CENG - Civil Eng. and Construction
Level
08 - NFQ Level 8
Credit
05 - 05 Credits
Duration
Semester
Fee
Start Term
2014 - Full Academic Year 2014-15
End Term
9999 - The End of Time
Author(s)
Leigh McLoughlin
Programme Membership
SG_SQUAN_S08 201400 Level 8 Certificate in Quantity Surveying SG_JQUAN_K08 201400 Level 8 Honours Degree Add-on in Quantity Surveying SG_JQUAN_H08 201400 Bachelor of Science (Honours) in Quantity Surveying SG_JQUAN_H08 201500 Bachelor of Science (Honours) in Quantity Surveying SG_JQNTY_K08 201500 Level 8 Honours Degree Add-on in Quantity Surveying SG_JQUAN_H08 201500 Bachelor of Science (Honours) in Quantity Surveying SG_JQUAN_H08 201700 Bachelor of Science (Honours) in Quantity Surveying SG_EQUAN_K08 201700 Bachelor of Science (Honours) in Quantity Surveying
Description

This module will provide students with an insight into the use and applicability of economic analysis in strategic decision making within the construction firm. The module also evaluates the influence of Government policy on the construction and property industries and identify areas where lean production theories can make a significant impact in construction.

Learning Outcomes

On completion of this module the learner will/should be able to;

1.

Ascertain the factors that need to be considered when undertaking a cost benefit analysis.

2.

Critically evaluate the role and effectiveness of government intervention in the construction industry.

3.

Examine the key stages involved in the property development process.

4.

Analyse development economics and the principles effecting property values.

5.

Evaluate the environmental impact of a proposed development.

6.

Appreciate the potential to apply lean thinking to construction.

Teaching and Learning Strategies

Continuous assessment and final examination.

Module Assessment Strategies

Continuous assessment and final examination.

Indicative Syllabus

1. Construction industry review and outlook.

2. Development appraisal .

3. Government intervention and its effects on the construction industry.

4. Externalities and Cost Benefit Analysis.

5. Market failure and environmental economics.

6. Development economics and the principles effecting property values.

7. The property development process.

8. Lean Construction.

Coursework & Assessment Breakdown

Coursework & Continuous Assessment
40 %
End of Semester / Year Formal Exam
60 %

Coursework Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Continuous Assessment Continuous Assessment UNKNOWN 40 % OnGoing 1,2,3,4,5,6
             
             

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam Final Exam Assessment 60 % End of Term 1,2,3,4,5,6
             
             

Full Time Mode Workload


Type Location Description Hours Frequency Avg Workload
Lecture Lecture Theatre Property Development and Economics 2 Weekly 2.00
Independent Learning Not Specified Property Development and Economics 5 Weekly 5.00
Total Full Time Average Weekly Learner Contact Time 2.00 Hours

Part Time Mode Workload


Type Location Description Hours Frequency Avg Workload
Lecture Online Property Development and Economics 2 Weekly 2.00
Independent Learning Not Specified Property Development and Economics 5 Weekly 5.00
Total Part Time Average Weekly Learner Contact Time 2.00 Hours

Module Resources

Non ISBN Literary Resources

1. Myers, D. (2013) Construction Economics: A New Approach, 3rd Ed. Routledge.

2. Manser, J.E. (2002) Economics, A foundation course for the built environment, Spon Press.

3. Sloman, J. (2013) The essentials of Economics, 6th ed. Pearson Education.

4. O’Hagan, J. and Newman, C. (2011) The economy of Ireland, 11th ed. Gill & Macmillan.

5. Begg, D., Fischer, S. and Dornbusch, R. (2009) Foundation of Economics, 4th ed. McGaw Hill.

6. Sheeley, I.H. (1996) Building Economics, 4th Ed., Palgrave.

Other Resources

1. Irish Times.

2. Financial Times.

3. Central Bank Quarterly Reports.

Additional Information

None