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Economics of Building (ABPL90330)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Email:
Toong-Khuan Chan
tchan@unimelb.edu.au
Enquiries:
Current Student: http://ask.unimelb.edu.au/
Web: http://msd.unimelb.edu.au/
Overview
Availability | Semester 1 |
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Fees | Look up fees |
This subject sets the context for an understanding of the operations of firms within the construction production process. This includes conducting statistical analysis of the data concerning construction. By analysing construction’s contribution to national income and its linkages to other sectors of the economy it is possible to draw conclusions and gain insights into the operations of firms involved in the production of the built environment.
Intended learning outcomes
- To understand the economic roles and relationships within the construction industry.
- To provide a realistic theoretical economic framework for understanding the construction sector.
- To examine who benefits from the system of production and how these benefits are distributed.
- To examine the economic concepts of the multiplier and the accelerator in relation to construction and construction firms.
Generic skills
At the completion of the subject, students should have developed the following skills and capabilities:
- Ability to discuss policies related to construction and account for the behaviour of firms within the construction industry;
- Enable managers of construction firms to improve their decision making, strategic thinking and planning effort;
- Ability to understand the issues related to the business cycle and the causes and effects of variations in demand for construction.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Admission into one of the following courses:
MC-ARCH Master of Architecture
MC-ARCH2Y Master of Architecture (200 points)
MC-ARCH3Y Master of Architecture (300 points)
MC-LARCH Master of Landscape Architecture
MC-LARCH2Y Master of Landscape Architecture (200 points)
MC-LARCH3Y Master of Landscape Architecture (300 points)
MC-CM Master of Construction Management
MC-CONMG2Y Master of Construction Management (200 points)
MC-CONMG3Y Master of Construction Management (300 points)
MC-PROP Master of Property
MC-PROP2Y Master of Property (200 points)
MC-PROP3Y Master of Property (300 points)
MC-URPL Master of Urban Planning
234AA Master of Design
234AH Master of Design (Heritage)
373AA Graduate Diploma in Planning and Design
Or approval from the subject coordinator.
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- Class Participation (10%), demonstrating active involvement in a range of class activities and peer discussions.
- Assignment equivalent to 1000 words (20%) due in week 4, exploring and researching a topic relevant to the subject and identifying main sources of data and information.
- Assignment equivalent to 1000 words (20%) due in week 8, demonstrating an economic analysis of either a sub-sector of the construction industry or a system of production.
- Professional report equivalent to 3000 words (50%) due in week 12, demonstrating a high-level of analysis of a contemporary topic in this subject.
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Toong-khuan Chan Mode of delivery On Campus (Parkville) Contact hours 3 hours per week Total time commitment 170 hours Teaching period 27 February 2017 to 28 May 2017 Last self-enrol date 10 March 2017 Census date 31 March 2017 Last date to withdraw without fail 5 May 2017 Assessment period ends 23 June 2017 Semester 1 contact information
Email:
Toong-Khuan Chan
tchan@unimelb.edu.au
Enquiries:
Current Student: http://ask.unimelb.edu.au/
Web: http://msd.unimelb.edu.au/
Time commitment details
170 hours
Additional delivery details
This subject runs on a biennial basis in semester 1.
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
Ive and Gruneberg, The Economics of the Modern Construction Sector, Palgrave Macmillan, 2000.
Gruneberg and Ive, The Economics of the Modern Construction Firm, Palgrave Macmillan, 2000.
Finkel, The Economics of the Construction Industry, Sharpe, 1997. - Related Handbook entries
This subject contributes to the following:
Type Name Informal specialisation Cost Management Informal specialisation Corporate Management Informal specialisation Cost Management Informal specialisation Policy Informal specialisation Policy Informal specialisation Research and Development Informal specialisation Cost Management Informal specialisation Corporate Management - Links to additional information
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 3 November 2022