University of Technology Sydney

16633 Microeconomics for Property

6cp; 3hpw
There are course requisites for this subject. See access conditions.


This is a core first-year subject in the Bachelor of Property Economics (C10310). Students are introduced to microeconomic principles and methods in order to apply economic theory in analysing property markets. Microeconomic fundamentals such as demand, supply, prices, elasticity, production and costs are covered, and their effects on the property industry are explored. Market structure and competition as well as market failure are also discussed.

Detailed subject description.

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