Urban Economics, Planning and Urban Design

ARC80006 12.5 Credit Points Hawthorn

Contact hours

  • 36 hours Face to Face + Blended

On-campus unit delivery combines face-to-face and digital learning.

Prerequisites

Assumed Knowledge
Proficiency in citation management software such as Endnote or Mendeley.

Aims and objectives

The aim of this unit is for students to develop knowledge and application of key urban economics principles and concepts to a range of urban planning and design related aspects of urban governance. The unit will provide a framework for investigating spatial interdependencies between social, cultural, economic and environmental movements and policy development at local, regional and global scales. It will explore the economics of key planning tools and aims, including zoning and land use planning, uplift value and Financing. The unit will also examine basic economic assessment frameworks in relation to how to plan, finance and manage urban development, and allocation of social and built environment resources. 

Students who successfully complete this unit will be able to:
 
1. Evaluate urban design characteristics, spatial and economic plans through the application of relevant urban economics concepts.
2. Interpret the spatial and urban economics underpinnings of cities, urban regions and including the economic principles of land use distribution and agglomeration.
3. Analyse the fundamentals of market feasibility and economics of development including commercial decision-making, property markets, land and property development.
4. Apply basic principles and issues in social impact and assessment analysis to urban design, planning and development projects.
5. Recognise social and cultural diversity and assess the equity, housing market and social inclusion aspects of urban and regional plans and practices.
6. Apply economic understandings and underpinnings with other determinants of urban development, such as globalisation, inequality, spatial processes.
7. Create basic economic assessments of urban development projects.

Courses with unit

New unit title from 2022