University of Technology, Sydney

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16633 Microeconomics for Property

Requisite(s): 16466 Built Environment Economics
These requisites may not apply to students in certain courses. See access conditions.


A graduate of this subject has the ability to apply microeconomic theory and methods to critically assess economic issues and policies. The subject is designed to foster an understanding of microeconomic theory and students are introduced to key concepts and the interaction of demand, supply and prices. Microeconomic fundamentals such as elasticity, utility, production and costs are covered, and their effects on the property industry explored. Topics such as market structure and competition, the distribution of income and market failure are also discussed.

Detailed subject description.

Fee information

Information to assist with determining the applicable fee type can be found at Understanding fees.

Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at access conditions and My Student Admin.