The subject presents the basic microeconomic theory underpinning the development of overall urban structures and the operation of land markets within cities, and how this differs from standard models of 'perfect competition' and 'perfect information'. This enables students to appreciate the role of planning in minimising externalities, and in influencing the efficiency of infrastructure such as roads, rail, water supply, waste, power and communications, and social infrastructure including education, health and community services. It also provides an overview of options for financing urban infrastructure, including debt funding backed by taxation, developer contributions, and public-private partnerships. Case studies of alternative methods of funding infrastructure are included to illustrate the key principles involved.
Spring semester, City campus
2008 contribution for post-2008 Commonwealth-supported students: $907.50
Note: Students who commenced prior to 1 January 2008 should consult the Student contribution charges for Commonwealth supported students
Not all students are eligible for Commonwealth Supported places.
2008 amount for undergraduate domestic fee-paying students: $2,430.00
Note: Fees for Postgraduate domestic fee-paying students and international students are charged according to the course they are enrolled in. Students should refer to the Annual Fees Schedule.
Subject EFTSL: 0.125