URBPLAN 707 : Urban Economic Development

Creative Arts and Industries

2024 Semester Two (1245) (15 POINTS)

Course Prescription

Principles of urban economics. Economic development, urban planning strategies. Asset management and property development.

Course Overview

Aims of the course: 
• Develop a critical understanding of the principles of urban land economics, with a specific focus on residential and non-industrial land uses;
• Apply the theories and concepts of urban economics and urban land economics in the practice e of planning including project evaluation methods;
• Critically analyse different typologies of land development in urban areas;
• Understand the impacts of urban land economics in relation to decision-making in the housing market;
• Enhance understanding the impacts of global and national economic changes on land and housing markets as well as the role of urban planning projects and policies;
• Enhance an understanding of the real-world examples from housing market in New Zealand;
• Develop analytical, mathematical, interpretive, and critical skills through the lectures, readings, class discussions and coursework; and
• Develop the ability to work within set timeframes in both individual and teamwork tasks and assignment.

Course Requirements

No pre-requisites or restrictions

Capabilities Developed in this Course

Capability 1: People and Place
Capability 2: Sustainability
Capability 3: Knowledge and Practice
Capability 4: Critical Thinking
Capability 5: Solution Seeking
Capability 6: Communication
Capability 7: Collaboration
Capability 8: Ethics and Professionalism

Learning Outcomes

By the end of this course, students will be able to:
  1. Develop the ability of the deployment of the principles and theories of economics in urban planning and design disciplines; (Capability 1.1, 3.3, 4.1, 5.1, 6.1, 6.2, 7.2, 8.1 and 8.2)
  2. Demonstrate a deep understanding of the technical relationships between economics and planning policies and projects; (Capability 1.2, 2.2, 2.3, 3.2, 3.3, 4.2, 4.3, 5.2, 5.3, 6.1, 6.3, 7.1, 7.3 and 8.1)
  3. Demonstrate an understanding of of urban economics and their impacts and implications for urban planning and design; (Capability 1.1, 1.3, 2.1, 3.1, 3.3, 4.1, 4.3, 5.1, 5.3, 6.1, 6.3, 7.1, 7.3 and 8.2)
  4. Demonstrate a critical understanding of the different approaches of urban economics and urban land economics to suggest future-oriented solutions to the economic crises and downturn. (Capability 1.1, 1.3, 2.2, 3.2, 4.2, 5.3, 6.1, 6.3, 7.1, 7.2 and 8.2)
  5. Develop an understanding of Cost-Benefit Analysis (CBA) theories and ability to apply them, and basic project feasibility analysis and market failures that are the rationale of the discipline of urban planning; (Capability 1.1, 1.2, 2.1, 2.3, 3.1, 3.3, 4.1, 4.2, 4.3, 5.2, 5.3, 6.1, 6.2, 8.2 and 8.3)
  6. Demonstrate the ability to apply critical thinking in urban land-use economics: to apply concepts and synthesise them with practical requirements in a rational approach; (Capability 1.1, 1.2, 2.1, 2.3, 3.1, 3.3, 4.1, 4.3, 5.1, 5.3, 6.1, 6.3, 7.2 and 8.1)
  7. Demonstrate an understanding of the need and the ability to critically challenge existing planning policies and design projects under the current situation of economy and generate alternatives through exploring multiple sources and different viewpoints of economics; (Capability 1.1, 2.2, 3.3, 4.2, 4.3, 5.2, 5.3, 6.2, 6.3, 7.2, 7.3 and 8.1)
  8. Explain the reasons why the market may not be efficient, and describe potential solutions to the market failures and inefficiencies from a planner’s point of view; (Capability 1.1, 2.1, 3.3, 4.2, 5.1, 6.2, 7.2 and 8.2)
  9. Apply a variety of skills including writing, speaking, reasoning presentation and collaboration as well as adequate ability through both individual and group course works; (Capability 1.1, 2.2, 3.1, 3.3, 4.2, 4.3, 5.2, 5.3, 6.1, 6.2, 7.1, 7.3, 8.1 and 8.3)
  10. Evaluate solutions to show how urban economics applied in planning and/or design may help to deal with the crises, improve well-being and respond to the future needs of cities. (Capability 1.1, 2.3, 3.3, 4.3, 5.2, 5.3, 6.2, 7.2 and 8.1)

Assessments

Assessment Type Percentage Classification
Portfolio- activities 25% Individual Coursework
Presentation 30% Group & Individual Coursework
Project + report 45% Individual Coursework
Assessment Type Learning Outcome Addressed
1 2 3 4 5 6 7 8 9 10
Portfolio- activities
Presentation
Project + report

Teaching & Learning Methods

The pedagogy for the course is based on active learning and students-focused activities and all students are expected to participate in the lectures, LAB sessions and class activities. In addition, the blended teaching is used as the appropriate approach to teaching in the digital technology era.

Workload Expectations

This course is a standard 15 point course and students are expected to spend 10 hours per week involved in each 15 point course that they are enrolled in.

The course includes 29 hours lecture – 4 hours LAB and students are expected to manage at least 117 hours independent-study throughout the semester to pass the course.  


Delivery Mode

Campus Experience or Online

This course is offered in two delivery modes:

Campus Experience

Attendance is expected at scheduled activities including labs,tutorials,studios to [complete/receive credit for] components of the course.
Lectures will be available as recordings. Other learning activities including seminars/tutorials/labs/studios will not be available as recordings.
The course will not include live online events such as specifically group discussions and tutorials.
Attendance on campus is required for the LAB sessions.
The activities for the course are scheduled as a standard weekly timetable.

Online

 The course is offered online by providing zoom link for only urban design students who are not based in Auckland. Attendance is expected at scheduled online activities including Lectures to complete components of the course.
The course will include live online events including lectures that will be recorded.
Attendance on campus is required for the LAB sessions and discussions as well as class activities.
Where possible, study material will be released progressively throughout the course.
This course runs to the University semester timetable and all the associated completion dates and deadlines will apply.

Learning Resources

Course materials are made available in a learning and collaboration tool called Canvas which also includes reading lists and lecture recordings (where available).

Please remember that the recording of any class on a personal device requires the permission of the instructor.

Student Feedback

At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.

Your feedback helps teachers to improve the course and its delivery for future students.

Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.

The feedback from students has been used in restrcuturing the course. 

Other Information

Urban planning programme policy requires students to submit all coursework for the course. If a student does not submit all coursework including the exam, the student will fail the course.
- If a student does not submit more than half of the class tasks and quizzes, the student will fail the course.
The standard office hours at the University of Auckland are Monday – Friday, 9:00 am – 5:00 pm. Students' emails will not be responded outside office hours, including public holidays.
Requests for extensions of time must be submitted and approved using the online Extension of Time Application form available on Canvas. Students should notify the Course Director/Course Coordinator of their situation as soon as practicable, and preferably before any due date. Notifications by students should include information about the unexpected circumstances and should attach evidence to support this if available.

Academic Integrity

The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed for potential plagiarism or other forms of academic misconduct, using computerised detection mechanisms.

Class Representatives

Class representatives are students tasked with representing student issues to departments, faculties, and the wider university. If you have a complaint about this course, please contact your class rep who will know how to raise it in the right channels. See your departmental noticeboard for contact details for your class reps.

Inclusive Learning

All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.

Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website http://disability.auckland.ac.nz

Special Circumstances

If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due.

If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.

This should be done as soon as possible and no later than seven days after the affected test or exam date.

Learning Continuity

In the event of an unexpected disruption we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and your assessment is fair, and not compromised. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator, and if disruption occurs you should refer to the University Website for information about how to proceed.

Student Charter and Responsibilities

The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html.

Disclaimer

Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.

In this course students may be asked to submit coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. In exceptional circumstances changes to elements of this course may be necessary at short notice. Students enrolled in this course will be informed of any such changes and the reasons for them, as soon as possible, through Canvas.

Published on 28/11/2023 10:39 a.m.