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Unit of study_

Building Economics - DESC9195

Investors associated with the property industry require at the outset Return On Investment (ROI) evaluations before committing capital. This unit of study examines the economic principles as they apply to buildings, from capital growth and life cycle management perspectives. The focus is on economic and financial practices required for high performing building assets, contract procurement strategies, cash flow analysis, return on investment for retro-fitting, and economic appraisals of existing or new building assets. This unit will develop an understanding of carbon accounting in relation to building management and its importance to sustainable built asset portfolios. The unit, taught by case studies, will equip students with an understanding of economic principles and professional tools necessary for the procurement and management of real estate property, facilities and buildings at optimum economic and environmental performance.

5-day intensive (9am-5pm)

Individual Written Assignment 1 (30%); Group Written Assignment 2 (40%); Project Critique/Class Presentation (30%)

Langston, C. A. (2005). Life-cost approach to building evaluation. Sydney: UNSW Press Dell'Isola, A. J., and Kirk, S. J. (1995). Life cycle costing for design professionals. New York: McGraw-Hill Manser, J. E. (1994). Economics: A foundation course for the built environment. London: Spon.


Faculty: Sydney School of Architecture, Design and Planning

Semester 2

05 Aug 2019

Department/School: Architectural and Design Science
Study Mode: Block mode
Census Date: 31 Aug 2019
Unit of study level: Postgraduate
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: Yes
Faculty/department permission required? No
More details
Unit of Study coordinator: Prof Richard de Dear
HECS Band: 2
Courses that offer this unit

Non-award/non-degree study If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student. Cross-institutional study If you are from another Australian tertiary institution you may be permitted to undertake cross-institutional study in one or more units of study at the University of Sydney.

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