SRE270 - Building Economics

Unit details

Note: You are seeing the 2022 view of this unit information. These details may no longer be current. [Go to the current version]
Year:

2022 unit information

Important Update:

Unit delivery will be in line with the most current COVIDSafe health guidelines. We continue to tailor learning experiences for each unit to achieve the best possible mix of online and on-campus activities that successfully blend our approaches to learning, working and research. Please check your unit sites for announcements and updates.

Last updated: 4 March 2022

Enrolment modes:Trimester 2: Waterfront (Geelong)
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 2: Xin Hu
Prerequisite:

SRE170

Corequisite:

Nil

Incompatible with:

Nil

Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus:

1 x 2 hour class per week, 1 x 1 hour seminar per week.

Content

The SRE270 unit explores macro and micro economic concepts and theories as they apply to the construction and property industries. In this unit, students will learn about economics, economic activities and policies and their impacts on the construction and property industries, market and trade efficiency, demand and supply, and factors of production (including entrepreneurship, capital, labour, and land). In addition, students will
develop skills and knowledge about business planning and project evaluation.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1 Recognise economic concepts, theories, policies, and activities affecting the construction and property industries.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO7: Teamwork

ULO2 Apply economic concepts and theories in evaluating the impacts of economic policies and activities on the construction and property industries.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem Solving

ULO3 Interpret the principles and application of business planning on construction projects.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem Solving

ULO4 Identify and apply the processes involved in project evaluation.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem Solving

ULO5 Analyse the factors of production and examine their application in the construction and property industries.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking
GLO5: Problem Solving

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week
Group research report Written report, (6,000-words maximum) 30% Week 5
Individual report 1 Written report, (approximately 2,000-words) 30% Week 8
Individual report 2 Written report, (approximately 3,000-words) 40% Week 12

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Hurdle requirement

To be eligible to obtain a pass in this unit students must achieve at least 40% in the Individual report 2.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: SRE270 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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