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Module

TCP7022 : Economics of Development: MPLAN

  • Offered for Year: 2020/21
  • Module Leader(s): Mr Danny Oswell
  • Owning School: Architecture, Planning & Landscape
  • Teaching Location: Newcastle City Campus
Semesters
Semester 2 Credit Value: 10
ECTS Credits: 5.0

Aims

1. To provide an introduction to the variety of economic concepts that play a significant role in the work of professional planners.
2. To provide an introduction to a broad range of economic tools and modeling techniques so that their application in a planning environment can be fully understood.

This module allows students to develop a detailed theoretical and practical understanding of the economics of the development process. No previous knowledge of economics is required; the core principles needed to successfully complete the module are covered in early sessions. On completion, students will be able to apply a broad variety of economic techniques to the planning and development process, thus providing them with an enhanced understanding of both the market for development and the policy environment within which it operates.

Outline Of Syllabus

•       Introductory concepts: A short bibliography of "Homo Economicus"
•       Introductory concepts: Economic organisation and the theoretical rationale for regulation
•       Introductory concepts: Market failure and public intervention in the real world
•       The Economics of Development: A theoretical overview of the operation of the market for development
•       The Economics of Development: The economic objectives of the developer.
•       The Economics of Development: Theoretical development business planning processes
•       The Economics of Development: Development business planning in the real world: a case study
•       Economic Process and Policy: The real-world operation of the market for development
•       Economic Process and Policy: An economic analysis of the planning process

Teaching Methods

Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.

Teaching Activities
Category Activity Number Length Student Hours Comment
Structured Guided LearningLecture materials360:3018:00Standard podcast style lecture material
Guided Independent StudyAssessment preparation and completion127:0027:00Reading and research specifically focussed on assessment preparation and completion.
Guided Independent StudyDirected research and reading10:110:11Welcome video: Setting out programme content, background reading, delivery methods, assessment arran
Structured Guided LearningStructured research and reading activities90:020:18Short “Two Minute Trailer” videos setting out topic and reading for the week ahead
Structured Guided LearningStructured research and reading activities145:0045:00Reading as set out in both the video and VLE containers
Scheduled Learning And Teaching ActivitiesWorkshops91:009:00Weekly 1 hour seminar style Zoom sessions
Structured Guided LearningStructured non-synchronous discussion90:010:09Weekly “Sixty Second Summary” videos covering weekly content
Structured Guided LearningStructured non-synchronous discussion20:110:22Signposting videos for course midpoint and endpoint review and feedback surveys.
Total100:00
Teaching Rationale And Relationship

The Structured Guided Learning Activities provide a detailed explanation of the key issues and an examination of important literature. The Scheduled Learning and Teaching Activities provide support for discussions about the application of the techniques to planning issues. The Guided Independent Study will enable students to both achieve the intended knowledge and skills outcomes identified for the module, as well as enabling to help them prepare for the creation of their assessment submission. This MOF does not include present in person (PiP) provision because this will be delivered at the programme level.

Assessment Methods

Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.

The format of resits will be determined by the Board of Examiners

Other Assessment
Description Semester When Set Percentage Comment
Essay2A1002,500 word essay
Assessment Rationale And Relationship

The Structured Guided Learning Activities provide a detailed explanation of the key issues and an examination of important literature. The Scheduled Learning and Teaching Activities provide support for discussions about the application of the techniques to planning issues. The Guided Independent Study will enable students to both achieve the intended knowledge and skills outcomes identified for the module, as well as enabling to help them prepare for the creation of their assessment submission.

Reading Lists

Timetable