QUSU08040 2019 Property Development and Economics
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 Assessment
Title | Type | Form | Percent | Week | Learning Outcomes Assessed | |
---|---|---|---|---|---|---|
1 | Continuous Assessment | Coursework 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 |
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 |
Required & Recommended Book List
2010 Property Development Palgrave MacMillan
ISBN 0230201784 ISBN-13 9780230201781
2016-08-08 Introducing Property Valuation Routledge
ISBN 1138929956 ISBN-13 9781138929951
2016-05-02 Sustainable Construction John Wiley & Sons
ISBN 9781119055174 ISBN-13 1119055172
2013-06-10 Willis's Practice and Procedure for the Quantity Surveyor Wiley-Blackwell
ISBN 0470672196 ISBN-13 9780470672198
2018 Contractual Procedures in the Construction Industry Routledge
ISBN 1138693936 ISBN-13 9781138693937
2016-09-22 Construction Economics Taylor & Francis
ISBN 9781317292784 ISBN-13 1317292782
Module Resources
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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/
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