QUSU08040 2019 Property Development and Economics

General Details

Full Title
Property Development and Economics
Transcript Title
Property Development and Econo
N/A %
Subject Area
QUSU - Quantity Surveying
CENG - Civil Eng. and Construction
08 - NFQ Level 8
05 - 05 Credits
Start Term
2019 - Full Academic Year 2019-20
End Term
9999 - The End of Time
Leigh McLoughlin
Programme Membership
SG_JQUAN_H08 201900 Bachelor of Science (Honours) in Quantity Surveying SG_JQUAN_K08 201900 Level 8 Honours Degree Add-on in Quantity Surveying SG_JQNTY_K08 201900 Bachelor of Science (Honours) in Quantity Surveying

This module details the characteristics of the property and construction industries and the factors that influence them. The module also evaluates the different investment appraisal techniques required by decision makers and the influence of Government policy on these industries.

Learning Outcomes

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


Assess the different investment appraisal techniques used in the property and construction industries.


Examine the key stages involved in the property development process.


Evaluate different design variables, material choices and renewable energy sources used in sustainable construction.


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


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

Teaching and Learning Strategies

This module will be delivered through lectures and tutorials.

Moodle is used by lecturers to direct and manage the learning process and facilitates: Formal Learning: posting of lecture notes and continuous assessments, additional resources and supporting documents. Links to websites. remote collaboration on group work (discussion boards, collaborative document editing) Informal Learning: social communication between learners (discussion boards, chat rooms, Wikis, blogs) learner journals (reflective journals, e-portfolios).

Module Assessment Strategies

This module is 40% Continuous Assessment and 60% Final Examination.

Repeat Assessments

Repeat Continuous Assessment and / or Final Examination.

Indicative Syllabus

1. Construction industry review and outlook.

2. Development and investment appraisal techniques.

3. Government intervention and its effects on the construction and property industries.

4. Externalities and Cost Benefit Analysis.

5. Sustainability and Sustainable Construction.

6. The property development process.

7. Development economics and the principles effecting property values.

8. Urban Economics.

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 Assignment 40 % OnGoing 1,2,3,4,5

End of Semester / Year Assessment

Title Type Form Percent Week Learning Outcomes Assessed
1 Final Exam Final Exam Closed Book Exam 60 % End of Semester 1,2,3,4,5

Full Time Mode Workload

Type Location Description Hours Frequency Avg Workload
Lecture Lecture Theatre Property Development and Economics 3 Weekly 3.00
Independent Learning Not Specified Property Development and Economics 4 Weekly 4.00
Total Full Time Average Weekly Learner Contact Time 3.00 Hours

Online Learning Mode Workload

Type Location Description Hours Frequency Avg Workload
Lecture Online Property Development and Economics 1.5 Weekly 1.50
Independent Learning Not Specified Property Development and Economics 4.5 Weekly 4.50
Directed Learning Not Specified Property Development and Economics 1 Weekly 1.00
Total Online Learning Average Weekly Learner Contact Time 2.50 Hours

Required & Recommended Book List

Recommended Reading
2010 Property Development Palgrave MacMillan
ISBN 0230201784 ISBN-13 9780230201781
Recommended Reading
2016-08-08 Introducing Property Valuation Routledge
ISBN 1138929956 ISBN-13 9781138929951
Recommended Reading
2016-05-02 Sustainable Construction John Wiley & Sons
ISBN 9781119055174 ISBN-13 1119055172
Recommended Reading
2013-06-10 Willis's Practice and Procedure for the Quantity Surveyor Wiley-Blackwell
ISBN 0470672196 ISBN-13 9780470672198
Recommended Reading
2018 Contractual Procedures in the Construction Industry Routledge
ISBN 1138693936 ISBN-13 9781138693937
Recommended Reading
2016-09-22 Construction Economics Taylor & Francis
ISBN 9781317292784 ISBN-13 1317292782

Module Resources

Non ISBN Literary Resources


Journal Resources


URL Resources

Department of Public Expenditure and Reform - The Public Spending Code: https://publicspendingcode.per.gov.ie/

The Public Spending Code - Guide to economic appraisal: Carrying out a cost benefit analysis - https://publicspendingcode.per.gov.ie/wp-content/uploads/2012/08/D03-Guide-to-economic-appraisal-CBA-16-July.pdf

RIBA Plan of Work: https://www.ribaplanofwork.com/

SEAI: Sustainable Energy Authority of Ireland: https://www.seai.ie/

RICS: https://www.rics.org/eu/news-insight/future-of-surveying/sustainable-building/

Society of Chartered Surveyors Ireland (SCSI): https://www.scsi.ie/


Other Resources


Additional Information