ECON5330 Real Estate Economics and Public Policy

Subject Code

ECON5330

Study Level

Postgraduate

Commencing Term

Term 2

Total Units of Credit (UOC)

Delivery Mode

On Campus

School

Economics

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The course outline is not available for current term. To view outlines from other years and/or terms, visit the archives .

1. Course Details

Summary of Course

The real estate sector represents a substantial share of the economy. This course provides an economic perspective on markets and policy related to the real estate sector. We will discuss the theory of urban land and housing markets, the spatial development of cities, inter-regional competition, economic development, and the migration of labour and capital. We will also look at economic policy issues, such as the roles played by transportation systems and local governments in shaping urban location patterns, and the effects of macroeconomic policy in the context of the interrelationship between property and business cycles. The course will provide an historical and international context for these issues, including for example the major property boom and bust from 1996-2004 in Sydney, and the latest housing boom and (potential) bust from 2012-2019.

Students in this course will acquire a comprehensive understanding of the economic factors and policies which influence real estate markets.

Teaching Times and Locations

Please note that teaching times and locations are subject to change. Students are strongly advised to refer to the Class Timetable website for the most up-to-date teaching times and locations.

View course timetable

Course Policies & Support

The Business School expects that you are familiar with the contents of this course outline and the UNSW and Business School learning expectations, rules, policies and support services as listed below:

Program Learning Outcomes
Academic Integrity and Plagiarism
Student Responsibilities and Conduct
Special Consideration
Protocol for Viewing Final Exam Scripts
Student Learning Support Services

Further information is provided in the Assessment and Policies and Support sections.

Students may not circulate or post online any course materials such as handouts, exams, syllabus or similar resources from their courses without the written permission of their instructor.

Course Aims and Relationship to Other Courses

ECON3130 is a required course in the real estate major in the BCom program and is also offered more broadly as part of the economics streams in the Bachelor of Actuarial, BCom and BEc degrees. The prerequisites for this course are ECON1102 Macroeconomics 1 and ECON2101 Microeconomics 2. The material in this course applies some basic concepts learned in ECON2101 to explain theories of real estate economics.

ECON5330 is an elective course in Graduate Certificate in Economics, and the Master of Economics via approval from the MEc Coordinator. The prerequisites are COMM5005 and ECON5103.

Student Learning Outcomes

The Course Learning Outcomes (CLOs) are what you should be able to demonstrate by the end of this course, if you participate fully in learning activities and successfully complete the assessment items.

CLOs also contribute to your achievement of the Program Learning Outcomes (PLOs), which are developed across the duration of a program for all coursework students in the Business School. More information on PLOs is available under Policies and Support. PLOs are, in turn, directly linked to UNSW graduate capabilities and the aspiration to develop “globally focussed graduates who are rigorous scholars, capable of leadership and professional practice in an international community”.

The following table shows how the CLOs for this course relate to the overall PLOs and indicates where each CLO and PLO is assessed:

Course Learning Outcomes	Program Learning Outcomes	Course Assessment Item
On successful completion of the course, you should be able to:	This course helps you to develop the following Program Learning Outcomes:	This learning outcome will be assessed in the following items:
1. Explain the assumptions of standard economic models and their application to property markets and public policy issues.	PLO 1: Business knowledge	Final Take-Home Exam Assignment Tutorial Problems Tutorial Problems on Ed Glaeser Lecture
2. Use analytical and empirical tools to interpret and analyse impact of changes in supply/demand factors and public policy on real estate markets.	PLO 2: Problem solving	Final Take-Home Exam Assignment Tutorial Problems Tutorial Problems on Ed Glaeser Lecture
3. Construct written work which is logically and professionally presented, and communicate ideas in a succinct and clear manner.	PLO 3: Business communication	Final Take-Home Exam Assignment Tutorial Problems Tutorial Problems on Ed Glaeser Lecture
4. Identify and assess environmental and sustainability considerations in economic issues in real estate.	PLO 5: Responsible business practice PLO 6: Global and cultural competence	Assignment Tutorial Problems Tutorial Problems on Ed Glaeser Lecture
5. Use statistical skills to present data relevant to real estate markets and property cycles.	PLO 1: Business knowledge PLO 2: Problem solving	Assignment
6. Identify and assess social and cultural considerations in economic issues in real estate.	PLO 5: Responsible business practice PLO 6: Global and cultural competence	Assignment Tutorial Problems Tutorial Problems on Ed Glaeser Lecture

2. Staff Contact Details

Position	Title	Name	Email	Location	Phone	Consultation Times
Lecturer-in-charge	Dr	Nigel Stapledon		N/A	N/A	Tuesday 3-5 pm

Communication with staff

Feel free to contact your lecturer about any academic matter. However, we strongly encourage, for efficiency, all enquiries about the subject material to be made during online synchronous sessions. Discussion of course subject material will not be entered into via lengthy emails. The lecturer will not necessarily be available during working hours outside of nominated consultation times.

Email correspondence on administrative matters will be responded to within 48 hours, but not over weekends. Please note that the lecturer has no advance notice of, or control of, the date and time of the exam.

Student Enrolment Requests

Students can vary their own enrolment (including switching lecture streams or tutorials) via myUNSW until the end of Week 1. In general, most other student enrolment requests should be directed to The Nucleus: Student Hub (formerly Student Central). These include enrolment in full courses or tutorials, course timetable clashes, waiving prerequisites for any course, transfer-of-credit (international exchange, transfer to UNSW, cross-institutional study, etc.), or any other request which requires a decision about equivalence of courses and late enrolment for any course. Where appropriate, the request will be passed to the School Office for approval before processing. Note that enrolment changes are rarely considered after Week 2 classes have taken place.

3. Learning and Teaching Activities

Approach to Learning and Teaching in the Course

The philosophy underpinning this course and its teaching and learning strategies is based on “Guidelines on Learning that Inform Teaching" at UNSW. Specifically, the lecture modules, online sessions and assessment have been designed to appropriately challenge students and support the achievement of the desired learning outcomes. The lecturer aims to provide meaningful and timely feedback to students to improve learning outcomes.

Learning Activities and Teaching Strategies

The examinable content of the course is defined by the references given in the Course Schedule, the content of topic modules and notes, and the content of the tutorial problems which are set for each topic.

In 2020 this is being conducted as an online course. It comprises pre-recorded lecture modules, with complimentary live sessions and tutorials on the topics which will be held in the timetabled class times.

The pre-recorded lecture modules will provide a logical structure for the topics that make up the course. On the premise that students have listened to the modules, each topic will have a Q&A session on the lecture material on the Tuesday (11-12.30) and a tutorial session on the Monday (13-16) when we will go through the tutorial problems. Students will be required to submit answers to some of the tutorial problems before the Monday tutorial time. During these online sessions, there will be opportunities for students to participate in discussion. While course notes and slides will be provided, students are encouraged to put together their own set of notes.

4. Assessment

Formal Requirements

In order to pass this course, you must:

achieve a composite mark of at least 50 out of 100;
meet any additional requirements described in the Assessment Summary section.

You are expected to attempt all assessment requirements in the course.

Assessment Structure

Assessment Task	Weighting	Length	Due Date
Tutorial Problems on Ed Glaeser Lecture	5%	Short answers - max 400 words.	Week 2, Friday 12 June by 23:59
Tutorial Problems on Other Selected Topics	15%	Variable	Before Tutorial sessions (Mondays by 13:00)
Assignment	20%	1200 words plus charts	Week 7, Friday 17 July by 23:59
Take-Home Final Exam	60%	The exam will be available for about 9 hours. It needs to be written and your answers uploaded in this period.	University Exam Period
Total	100%	–	–

Assessment Summary

As a student at UNSW you are expected to display academic integrity in your work and interactions. Where a student breaches the UNSW Student Code with respect to academic integrity, the University may take disciplinary action under the Student Misconduct Procedure. To assure academic integrity, you may be required to demonstrate reasoning, research and the process of constructing work submitted for assessment.

To assist you in understanding what academic integrity means, and how to ensure that you do comply with the UNSW Student Code, it is strongly recommended that you complete the Working with Academic Integrity module before submitting your first assessment task. It is a free, online self-paced Moodle module that should take about one hour to complete.

Session Attendance

While no marks are awarded for simply “being there”, to achieve a satisfactory result, a high rate of participation in online sessions is essential.

Problems on Ed Glaeser Lecture (5%)

In the first week we will listen to a lecture by Ed Glaeser. The lecturer will discuss segments during breaks, You will be asked to submit answers to a series of problems on the lecture on Friday 12th June at the end of Week 2. This will give you some preliminary feedback on your work. No marks awarded for late submissions.

Tutorial Problems (15% total)

There are tutorial problems for each topic. You are advised to attempt all tutorial problems before the tutorial session each week. You will also be required to prepare and submit a selection of the problems each week before the tutorial – by 13:00 on the Monday of that week. A sample of these submissions will be marked. No marks will be awarded for late submissions.

Please note some tutorial problems for students enrolled in ECON5330 will differ from those for students in shared course code ECON3130.

Assignment (20%)

Work on the Assignment will commence in Week 1. A portion of the Q&A sessions on Tuesdays in Weeks 1-3 and Week 5 will be focused on the Assignment.

It is advised that students have completed at a minimum a draft version of their charts and tables – and preferably draft text – for their assignment by Week 5. There will be an opportunity in Week 5 for feedback – details to be confirmed.

The due time for submission of the Assignment is 23:59 on Friday 17th July in Week 7. This will ensure adequate time for all assignments to be marked.

Details of the assignment will be made available on Moodle before the term starts.

Final Exam (60%)

The final exam will be held during the University examination period and will be an open-book exam.

The final exam will cover material from the entire course. Questions about the time, location, content, and make-up of the final exam should not be asked via email. See the UNSW Special Consideration webpage for information regarding requesting special consideration in relation to the final exam.

Students should note that previous exam papers, which are not made available, will not be a reliable guide to the 2020 exam. As an open-book exam, the questions will be different in nature to those that would be offered in a normal 2-hour in-person invigilated exam.

The problems which will be set and discussed in class will be the best guide to the type of questions you can expect. It is your understanding of the ideas that will be tested. Understanding is not something you can achieve the night before the exam.

An outline of the structure of the exam paper will be made available during the term.

Assignment Submission Procedure

The Assignment is be submitted to the Turnitin box in the Assignment folder on the course website by Friday 17th July at 23.59.

Late submissions for the Assignment will be penalised 4 marks or 20% for the first day, and an additional 4 marks (20%) for each additional day (or part thereof). Thus, an assignment that is 1 minute late will be penalised 4 marks, and one which is 24 hours and 1 minute late will be penalised 8 marks. Plan to submit your assignments at least one day ahead of time to avoid last-minute technical complications.

No marks are awarded for late submissions of the Ed Glaeser Lecture Problems or Tutorial Problems.

Assessment Feedback

Feedback on student performance from formative and summative assessment tasks will be provided to students in a timely manner. Assessment tasks completed within the teaching period of a course, other than a final assessment, will be assessed and students provided with feedback, with or without a provisional result, within 10 working days of submission, under normal circumstances. Feedback on continuous assessment tasks (e.g. laboratory and studio-based, workplace-based, weekly quizzes) will be provided prior to the midpoint of the course.

Special Consideration

You can apply for special consideration when illness or other circumstances beyond your control, interfere with your assessment performance (to apply see Special Consideration on the UNSW Current Students page). Special Consideration is primarily intended to provide you with an extra opportunity to demonstrate the level of performance of which you are capable.

Special Consideration applications will be assessed centrally by the Case Review Team within Student Lifecycle. The Case Review team will update the online application with the outcome and add any relevant comments.

Please note the following:

Applications can only be made through Online Services in myUNSW. Applications will not be accepted by teaching staff. The lecturer-in-charge/course coordinator will be automatically notified when you lodge an online application for special consideration.
Applying for special consideration does not automatically mean that you will be granted a supplementary exam or other concession.
If you experience illness or misadventure in the lead up to an exam or assessment, you must submit an application for special consideration, either prior to the examination taking place, or prior to the assessment submission deadline, except where illness or misadventure prevent you from doing so.
If you sit the exam/submit an assignment, you are declaring yourself well enough to do so and are unable to subsequently apply for special consideration.
If you become unwell on the day of the exam, you must provide evidence dated within 24 hours of the exam, with your application.
The current provisions will continue for exceptional circumstances, for example, if a student falls sick during an exam. Other exceptions will continue to be examined on a case by case basis by the Student Lifecycle team.
Special consideration requests do not allow the awarding of additional marks to students.

Further information on Business School policy and procedure, as well as supplementary exam dates for the current term, can be found under “Special Consideration” on the Policies and Support page.

Protocol for Viewing Final Exam Scripts

The UNSW Business School has set a protocol under which students may view their final exam script. Individual schools within the Faculty may also set up a local process for viewing final exam scripts, so it is important that you check with your School. Further school specific information may be included below.

Quality Assurance

The Business School is actively monitoring student learning and quality of the student experience in all its programs. A random selection of completed assessment tasks may be used for quality assurance, such as to determine the extent to which program learning goals are being achieved. The information is required for accreditation purposes, and aggregated findings will be used to inform changes aimed at improving the quality of Business School programs. All material used for such processes will be treated as confidential.

5. Course Resources

Course Website

The website for this course is on UNSW Moodle.

Course Material

Lecturer’s course notes.
Brueckner, J. (2011) Lectures in Urban Economics, MIT Press.

The textbook is a very useful and easy-to-read supplement to the set of notes from the lecturer, which will aid students' understanding of the subject matter. There will also be a select number of articles provided on specific topics.

Note: The Brueckner Textbook is available online via your student access to the UNSW library. Since this text is used more as a reference than a text, I recommend the below mechanism of access. A direct link to the textbook will be also provided via the Leganto link on the course Moodle site.

Search "Jan Brueckner Lectures in Urban Economics". The version with the image of the textbook is the one you need. Then go to "View it" and "Full text available at: EBSCOhost eBook Library" should appear. That should link you to the e version.

6. Course Evaluation & Development

Feedback is regularly sought from students and continual improvements are made based on this feedback. At the end of this course, you will be asked to complete the myExperience survey, which provides a key source of student evaluative feedback. Your input into this quality enhancement process is extremely valuable in assisting us to meet the needs of our students and provide an effective and enriching learning experience. The results of all surveys are carefully considered and do lead to action towards enhancing educational quality.

The School of Economics strives to be responsive to student feedback. If you would like more information on how the design of this course and changes made to it over time have taken students’ needs and preferences into account, please contact the Director of Education at the School of Economics.

This course has previously had no online component. The course lectures (modules), Q&A sessions, and tutorial sessions, and all assessment, will out of necessity be online in 2020. For that reason, the lecturer will be actively encouraging and seeking informal feedback, suggestions, etc. from students throughout the term.

7. Course Schedule

Note: for more information on the UNSW academic calendar and key dates including study period, exam, supplementary exam and result release, please visit: https://student.unsw.edu.au/new-calendar-dates

Week	Activity	Topic	Assessment/Other
Week 1: 1 June	Lecture Modules	Module 1 - Basic Principles and Some History Module 2 - The rural model	Course Notes and Brueckner (2011) Chapter 1
	Q&A on Lecture	Intro, Q&A and Topic 1 - Perspectives on Housing (Ed Glaeser) on Monday 13:00-16:00	–
	Q&A on Lecture	Q&A on Topic 2 Lecture Material, Discussion of Assignment Tuesday 11:00-12.30	–
Week 2: 8 June	Lecture Modules	Module (s) – Topic 3: Urban Closed Model Course Notes and Brueckner (2011) Chapter 2
	Monday	Nil - Monday Public Holiday	–
	Q&A on Lecture	Q&A on Topic 3, Discussion of Assignment on Tuesday 11:00-12.30	Assessment task on the Ed Glaeser Problems due 23.59 on 12 June
Week 3: 15 June	Lecture Modules	Module (s) – Topic 3: Urban Closed Model
	Tutorial	Tutorial on Topic 2 and Topic 3 Problems Monday 13:00-16:00	Answers to Topic 2 Tutorial Problems to be submitted before 13:00 on Monday.
	Q&A on Lecture	Q&A on Topic 3, Discussion of Assignment on Tuesday 11:00-12.30	–
Week 4: 22 June	Lecture Modules	Module (s) – Topic 4: Government Intervention and Supply Course Notes and Brueckner (2011) Chapter 4	–
	Tutorial	Tutorial on Topic 3 Problems on Monday 13:00-16:00	Answers to Topic 3 Problems to be submitted before 13:00 on Monday.
	Q&A on Lecture	Q&A on Topic 4 on Tuesday 11:00-12.30	–
Week 5: 29 June	Lecture Modules	Module (s) - Topic 5: Variations on the Monocentric Model. Course notes and Brueckner (2011) Chapter 3	–
	Tutorial	Tutorial on Topic 4 Problems on Monday 13:00-16:00	Answers to Topic 4 Tutorial Problems to be submitted before 13:00 on Monday.
	Q&A on Lecture	Q&A on Topic 5, Discussion of Assignment on Tuesday 11:00-12.30	–
Week 6: FLEXIBILITY WEEK: 6 July	–	NO CLASSES IN THIS WEEK BREAK
Week 7: 13 July	Lecture Modules	Module (s) – Topic 6: Congestion and Transport policy Course notes and Brueckner (2011) Chapter 5	Assignment is due on the Friday by 23.59 (Sydney time). Please upload on Turnitin link in Moodle Assignment Folder.
	Tutorial	Tutorial on Topic 5 Problems, Discussion of Assignment on Monday 13:00-16:00 Last opportunity for discussion on Assignment.	Answers to Topic 5 Tutorial Problems to be submitted before 13:00 on Monday.
	Q&A on Lecture	Q&A on Topic 6 on Tuesday 11:00-12.30	–
Week 8: 20 July	Lecture Modules	Module (s) – Topic 7: Macro-financial Models. Course notes	–
	Tutorial	Tutorial on Topic 6 Problems on Monday 13:00-16:00	Answers to Topic 6 Tutorial Problems to be submitted before 13:00 on Monday.
	Q&A on Lecture	Q&A on Topic 7 on Tuesday 11:00-12:30	–
Week 9: 27 July	Lecture Modules	Module (s) – Topic 8: Property and Business Cycles Course notes	–
	Tutorial	Tutorial on Topic 7 Problems on Monday 13:00-16:00.	Answers to Topic 7 Tutorial Problems to be submitted before 13:00 on Monday.
	Q&A on Lecture	Q&A on Topic 8 on Tuesday 11:00-12:30.	–
Week 10: 3 August	Lecture Modules	Module (s) – Topic 9: Public Policy Course Notes and Breuckner (2011) Chapter 7
	Tutorial	Tutorial on Topic 8 Problems on Monday 13:00-16:00.	Answers to Topic 8 Tutorial Problems to be submitted before 13:00 on Monday.
	Q&A on Lecture	Q&A on Topic 9 and Discussion of Topic Problems on Tuesday 11:00-12:30.	This final Topic is a short one, with no associated Tutorial Problems to be submitted.

8. Policies and Support

Information about UNSW Business School protocols, University policies, student responsibilities and education quality and support.

Program Learning Outcomes

The Business School places knowledge and capabilities at the core of its curriculum via seven Program Learning Outcomes (PLOs). These PLOs are systematically embedded and developed across the duration of all coursework programs in the Business School.

PLOs embody the knowledge, skills and capabilities that are taught, practised and assessed within each Business School program. They articulate what you should know and be able to do upon successful completion of your degree.

Upon graduation, you should have a high level of specialised business knowledge and capacity for responsible business thinking, underpinned by ethical professional practice. You should be able to harness, manage and communicate business information effectively and work collaboratively with others. You should be an experienced problem-solver and critical thinker, with a global perspective, cultural competence and the potential for innovative leadership.

All UNSW programs and courses are designed to assess the attainment of program and/or course level learning outcomes, as required by the UNSW Assessment Design Procedure. It is important that you become familiar with the Business School PLOs, as they constitute the framework which informs and shapes the components and assessments of the courses within your program of study.

PLO 1: Business knowledge

Students will make informed and effective selection and application of knowledge in a discipline or profession, in the contexts of local and global business.

PLO 2: Problem solving

Students will define and address business problems, and propose effective evidence-based solutions, through the application of rigorous analysis and critical thinking.

PLO 3: Business communication

Students will harness, manage and communicate business information effectively using multiple forms of communication across different channels.

PLO 4: Teamwork

Students will interact and collaborate effectively with others to achieve a common business purpose or fulfil a common business project, and reflect critically on the process and the outcomes.

PLO 5: Responsible business practice

Students will develop and be committed to responsible business thinking and approaches, which are underpinned by ethical professional practice and sustainability considerations.

PLO 6: Global and cultural competence

Students will be aware of business systems in the wider world and actively committed to recognise and respect the cultural norms, beliefs and values of others, and will apply this knowledge to interact, communicate and work effectively in diverse environments.

PLO 7: Leadership development

Students will develop the capacity to take initiative, encourage forward thinking and bring about innovation, while effectively influencing others to achieve desired results.

These PLOs relate to undergraduate and postgraduate coursework programs. Separate PLOs for honours and postgraduate research programs are included under 'Related Documents'.

Business School course outlines provide detailed information for students on how the course learning outcomes, learning activities, and assessment/s contribute to the development of Program Learning Outcomes.

UNSW Graduate Capabilities

The Business School PLOs also incorporate UNSW graduate capabilities, a set of generic abilities and skills that all students are expected to achieve by graduation. These capabilities articulate the University’s institutional values, as well as future employer expectations.

UNSW Graduate Capabilities	Business School PLOs
Scholars capable of independent and collaborative enquiry, rigorous in their analysis, critique and reflection, and able to innovate by applying their knowledge and skills to the solution of novel as well as routine problems.	PLO 1: Business knowledge PLO 2: Problem solving PLO 3: Business communication PLO 4: Teamwork PLO 7: Leadership development
Entrepreneurial leaders capable of initiating and embracing innovation and change, as well as engaging and enabling others to contribute to change	PLO 1: Business knowledge PLO 2: Problem solving PLO 3: Business communication PLO 4: Teamwork PLO 6: Global and cultural competence PLO 7: Leadership development
Professionals capable of ethical, self-directed practice and independent lifelong learning	PLO 1: Business knowledge PLO 2: Problem solving PLO 3: Business communication PLO 5: Responsible business practice
Global citizens who are culturally adept and capable of respecting diversity and acting in a socially just and responsible way.	PLO 1: Business knowledge PLO 2: Problem solving PLO 3: Business communication PLO 4: Teamwork PLO 5: Responsible business practice PLO 6: Global and cultural competence

While our programs are designed to provide coverage of all PLOs and graduate capabilities, they also provide you with a great deal of choice and flexibility. The Business School strongly advises you to choose a range of courses that assist your development against the seven PLOs and four graduate capabilities, and to keep a record of your achievements as part of your portfolio. You can use a portfolio as evidence in employment applications as well as a reference for work or further study. For support with selecting your courses contact the UNSW Business School Student Centre.

Academic Integrity and Plagiarism

Academic Integrity is honest and responsible scholarship. This form of ethical scholarship is highly valued at UNSW. Terms like Academic Integrity, misconduct, referencing, conventions, plagiarism, academic practices, citations and evidence based learning are all considered basic concepts that successful university students understand. Learning how to communicate original ideas, refer sources, work independently, and report results accurately and honestly are skills that you will be able to carry beyond your studies.

The definition of academic misconduct is broad. It covers practices such as cheating, copying and using another person’s work without appropriate acknowledgement. Incidents of academic misconduct may have serious consequences for students.

Plagiarism

UNSW regards plagiarism as a form of academic misconduct. UNSW has very strict rules regarding plagiarism. Plagiarism at UNSW is using the words or ideas of others and passing them off as your own. All Schools in the Business School have a Student Ethics Officer who will investigate incidents of plagiarism and may result in a student’s name being placed on the Plagiarism and Student Misconduct Registers.

Below are examples of plagiarism including self-plagiarism:

Copying: Using the same or very similar words to the original text or idea without acknowledging the source or using quotation marks. This includes copying materials, ideas or concepts from a book, article, report or other written document, presentation, composition, artwork, design, drawing, circuitry, computer program or software, website, internet, other electronic resource, or another person's assignment, without appropriate acknowledgement of authorship.

Inappropriate Paraphrasing: Changing a few words and phrases while mostly retaining the original structure and/or progression of ideas of the original, and information without acknowledgement. This also applies in presentations where someone paraphrases another’s ideas or words without credit and to piecing together quotes and paraphrases into a new whole, without appropriate referencing.

Collusion: Presenting work as independent work when it has been produced in whole or part in collusion with other people. Collusion includes:

Students providing their work to another student before the due date, or for the purpose of them plagiarising at any time
Paying another person to perform an academic task and passing it off as your own
Stealing or acquiring another person’s academic work and copying it
Offering to complete another person’s work or seeking payment for completing academic work

Collusion should not be confused with academic collaboration (i.e., shared contribution towards a group task).

Inappropriate Citation: Citing sources which have not been read, without acknowledging the 'secondary' source from which knowledge of them has been obtained.

Self-Plagiarism: ‘Self-plagiarism’ occurs where an author republishes their own previously written work and presents it as new findings without referencing the earlier work, either in its entirety or partially. Self-plagiarism is also referred to as 'recycling', 'duplication', or 'multiple submissions of research findings' without disclosure. In the student context, self-plagiarism includes re-using parts of, or all of, a body of work that has already been submitted for assessment without proper citation.

To see if you understand plagiarism, do this short quiz: https://student.unsw.edu.au/plagiarism-quiz

Cheating

The University also regards cheating as a form of academic misconduct. Cheating is knowingly submitting the work of others as their own and includes contract cheating (work produced by an external agent or third party that is submitted under the pretences of being a student’s original piece of work). Cheating is not acceptable at UNSW.

If you need to revise or clarify any terms associated with academic integrity you should explore the 'Working with Academic Integrity' self-paced lessons available at: https://student.unsw.edu.au/aim.

For UNSW policies, penalties, and information to help you avoid plagiarism see: https://student.unsw.edu.au/plagiarism as well as the guidelines in the online ELISE tutorials for all new UNSW students: http://subjectguides.library.unsw.edu.au/elise. For information on student conduct see: https://student.unsw.edu.au/conduct.

For information on how to acknowledge your sources and reference correctly, see: https://student.unsw.edu.au/referencing. If you are unsure what referencing style to use in this course, you should ask the lecturer in charge.

Student Responsibilities and Conduct

Students are expected to be familiar with and adhere to university policies in relation to class attendance and general conduct and behaviour, including maintaining a safe, respectful environment; and to understand their obligations in relation to workload, assessment and keeping informed.

Information and policies on these topics can be found on the 'Managing your Program' website.

Workload

It is expected that you will spend at least ten to twelve hours per week studying for a course except for Summer Term courses which have a minimum weekly workload of twenty to twenty four hours. This time should be made up of reading, research, working on exercises and problems, online activities and attending classes. In periods where you need to complete assignments or prepare for examinations, the workload may be greater. Over-commitment has been a cause of failure for many students. You should take the required workload into account when planning how to balance study with employment and other activities.

We strongly encourage you to connect with your Moodle course websites in the first week of semester. Local and international research indicates that students who engage early and often with their course website are more likely to pass their course.

View more information on expected workload

Attendance

Your regular and punctual attendance at lectures and seminars or in online learning activities is expected in this course. The Business School reserves the right to refuse final assessment to those students who attend less than 80% of scheduled classes where attendance and participation is required as part of the learning process (e.g., tutorials, flipped classroom sessions, seminars, labs, etc.).

View more information on attendance

General Conduct and Behaviour

You are expected to conduct yourself with consideration and respect for the needs of your fellow students and teaching staff. Conduct which unduly disrupts or interferes with a class, such as ringing or talking on mobile phones, is not acceptable and students may be asked to leave the class.

View more information on student conduct

Health and Safety

UNSW Policy requires each person to work safely and responsibly, in order to avoid personal injury and to protect the safety of others.

View more information on Health and Safety

Keeping Informed

You should take note of all announcements made in lectures, tutorials or on the course web site. From time to time, the University will send important announcements to your university e-mail address without providing you with a paper copy. You will be deemed to have received this information. It is also your responsibility to keep the University informed of all changes to your contact details.

Student Support and Resources

The University and the Business School provide a wide range of support services and resources for students, including:

Business School EQS Consultation Program
The Consultation Program offers academic writing, literacy and numeracy consultations, study skills, exam preparation for Business students. Services include workshops, online resources, individual and group consultations.
Level 1, Room 1035, Quadrangle Building.
BUS.EQS.Consultations@unsw.edu.au
02 9385 4508

Communication Resources
The Business School Communication and Academic Support programs provide online modules, communication workshops and additional online resources to assist you in developing your academic writing.

Business School Student Centre
The Business School Student Centre provides advice and direction on all aspects of admission, enrolment and graduation.
Level 1, Room 1028 in the Quadrangle Building
02 9385 3189

UNSW Learning & Careers Hub
The UNSW Learning & Careers Hub provides academic skills and careers support services—including workshops, individual consultations and a range of online resources—for all UNSW students. See their website for details.
Lower Ground Floor, North Wing Chancellery Building.
learningcentre@unsw.edu.au
02 9385 2060

Student Support Advisors
Student Support Advisors work with all students to promote the development of skills needed to succeed at university, whilst also providing personal support throughout the process.
John Goodsell Building, Ground Floor.
advisors@unsw.edu.au
02 9385 4734

International Student Support
The International Student Experience Unit (ISEU) is the first point of contact for international students. ISEU staff are always here to help with personalised advice and information about all aspects of university life and life in Australia.
Advisors can support you with your student visa, health and wellbeing, making friends, accommodation and academic performance.
International.student@unsw.edu.au
02 9385 4734

Equitable Learning Services
Equitable Learning Services (formerly Disability Support Services) is a free and confidential service that provides practical support to ensure that your health condition doesn't adversely affect your studies. Register with the service to receive educational adjustments.
Ground Floor, John Goodsell Building.
els@unsw.edu.au
02 9385 4734

UNSW Counselling and Psychological Services
Provides support and services if you need help with your personal life, getting your academic life back on track or just want to know how to stay safe, including free, confidential counselling.
Level 2, East Wing, Quadrangle Building.
counselling@unsw.edu.au
02 9385 5418

Library services and facilities for students
The UNSW Library offers a range of collections, services and facilities both on-campus and online.
Main Library, F21.
02 9385 2650

Moodle eLearning Support
Moodle is the University’s learning management system. You should ensure that you log into Moodle regularly.
externalteltsupport@unsw.edu.au
02 9385 3331

UNSW IT
UNSW IT provides support and services for students such as password access, email services, wireless services and technical support.
UNSW Library Annexe (Ground floor).
02 9385 1333

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ECON5330 Real Estate Economics and Public Policy - 2020

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1. Course Details

Summary of Course

Teaching Times and Locations

Course Policies & Support

Course Aims and Relationship to Other Courses

Student Learning Outcomes

2. Staff Contact Details

Communication with staff

Student Enrolment Requests

3. Learning and Teaching Activities

Approach to Learning and Teaching in the Course

Learning Activities and Teaching Strategies

4. Assessment

Formal Requirements

Assessment Structure

Assessment Summary

Session Attendance

Problems on Ed Glaeser Lecture (5%)

Tutorial Problems (15% total)

Assignment (20%)

Final Exam (60%)

Assignment Submission Procedure

Assessment Feedback

Special Consideration

Protocol for Viewing Final Exam Scripts

Quality Assurance

5. Course Resources

​Course Website

Course Material

6. Course Evaluation & Development

7. Course Schedule

8. Policies and Support

RELATED DOCUMENTS

UNSW Graduate Capabilities

Plagiarism

Cheating

Workload

Attendance

General Conduct and Behaviour

Health and Safety

Keeping Informed

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