Short Title:Economics for the Property Market
Full Title:Economics for the Property Market
Module Code:ECON H1015
Credits: 5
Field of Study:Humanities
Module Delivered in 1 programme(s)
Module Author:MARTIN NOLAN
Module Description:The aim of this semester 1 module is to provide learners with elementary economic theory as a foundation for effective decision making and further study and to provide students with a firm understanding of their economic enviroment to allow them approximate the impact of economic factors on the residential property market.
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Apply the concept of opportunity cost.
LO2 Explain how the problem of resource allocation can be solved using alternative allocation mechanisms - market, mixed and centrally planned enconomies.
LO3 Apply supply and demand analysis to predict the impact of a change in market conditions on price and quantity.
LO4 Apply the concepts of elasticity and utility.
LO5 Explain the key variable which influence factor markets and their relevance to the built enviroment.

Module Content & Assessment

Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Continuous Assessment Students will investigate and report on the key economic factors that impact on the economy affecting the property market. 1,2,3,4,5 40.00 n/a
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End-of-Semester Final Examination 1,2,3,4,5 60.00 End-of-Semester

TU Dublin – Tallaght Campus reserves the right to alter the nature and timings of assessment


Module Workload

This module has no Full Time workload.
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture No Description 2.00 Every Week 2.00
Total Weekly Learner Workload 2.00
Total Weekly Contact Hours 2.00

Module Resources

Required Book Resources
  • Turley, G, Maloney M, and O'Toole, F. 2011, Principles of Economics: An Irish Text Book, 4th Edition Ed., Gill & Macmillan
Recommended Book Resources
  • Jowsey, E 2011, Real Estate Economics, Palgrave Macmillan
  • Manser, J. E. 1994, Economics: A Foundation Course for the Built Enviroment, Taylor & Francis
  • Myers D 2011, Economics & Property, 3rd Edition Ed., Estates Gazette
  • O'Leary, J 2012, Make That Grade Economics, 4th Edition Ed., Gill & Macmillan Ltd.
This module does not have any article/paper resources
This module does not have any other resources

Module Delivered in

Programme Code Programme Semester Delivery
TA_BAUCT_C Higher Certificate in Business in Real Estate (Valuation, Sale and Management) 1 Mandatory