Issues relating to land economy and the environment underpin sustainable development. Land is both a vital resource and an environmental asset. The subject's focus is on human relationships with land and environment, supply and demand, land and environmental market structures and the management of land as a scarce resource. This subject uses case studies to illustrate the integration and conflict between the land economy and development.
|Faculty||Faculty of Society & Design|
1. Students will have the opportunity to develop a solid understanding of the role that real property and land play in modern society, the natural environment and the global context.
2. An holistic perspective will be developed throughout the subject illustrating some of the ways in which people interact with the environment and the economic value which is related to its use.
3. Students will be provided with the opportunity to identify natural and human influences which contribute to the value of land, related demand and supply factors and the social context as identified through regulatory and policy frameworks for land management.
4. Students will be given the opportunity to investigate and analyse the reasons behind land value and the interaction between land economy and land use.
5. In the context of land scarcity, students will be given the opportunity to recognise the competitive forces which determine land uses.
This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.