Core Module Information
Module title: Building Economics

SCQF level: 11:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: BSV11111
Module leader: Temidayo Osunsanmi
School School of Engineering and the Built Environment
Subject area group: Building and Surveying


Description of module content:

Macroeconomic overview of the national economy.
Appraisal and analysis of the economic structure and health of the property and construction industries and economic trends in the construction industry.
Economic models of urban location and growth, urban land economics, theoretical analysis, assumptions and application of models.
Economic aspects of urban problems.
The concept of building value.
Principles of developer's budgets.
Balancing value and cost.

Learning Outcomes for module:

LO1: Analyse, evaluate and apply economic principles to appropriate aspects of urban land, property and building construction
LO2: Explain the application of economic principles in the property and construction sector
LO3: Evaluate models of urban development and economic aspects of urban problems
LO4: Acquire technical knowledge of how to apply development appraisal techniques

Full Details of Teaching and Assessment
2021/2, Trimester 1, BLENDED, Edinburgh Napier University
Occurrence: 001
Primary mode of delivery: BLENDED
Location of delivery: MERCHISTON
Partner: Edinburgh Napier University
Member of staff responsible for delivering module: Andrew Smith
Module Organiser:

Learning, Teaching and Assessment (LTA) Approach:
LO1-4: Each face-to-face activity uses a wide variety of audio-visual resources, group discussion, case analysis to develop student engagement. Directed study focuses on development of the built environment concepts covered in the reading materials. Students take part in developmental exercises so as to better understand their personal skills and attributes and how to develop them to increase their employability. Their PDP is considered an integral part of this development as they are encouraged to reflect on what they have learned in the module and apply it to their personal situation. Learning outcomes relate to requirements of RICS. At several points during the module the students are introduced to relevant built environment research to underpin their learning. Students are also expected to undertake personal research for the assessments, which builds their research skills.

Formative Assessment:
Assessment 1 provides both the formative and summative assessment for selected sections of the module, being designed to give students formative feedback on several aspects of the learning process that can be applied to other learning situations, and summative feedback to provide the student with the positive educational dialogue to enable them to appreciate the various aspects of their submission in order to address these for future assessments. This assessment will test the knowledge and competence of the student on LOs 1 and 2.

Tutorial sessions will also be provided for the practical application side of the subjects included in the module. Teaching staff will provide on the spot formative feedback on each student’s comprehension and progress with the application of the practical tools of building economics.

Summative Assessment:
Assessment 1, in the form of a report, assesses LOs 1 and 2, while assessment 2, in the form of a report, is designed to assess the students’ knowledge and competences across LOs 3 and 4.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 36
Independent Learning Guided independent study 164
Total Study Hours200
Expected Total Study Hours for Module200

Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Report 50 1, 2 8 HOURS= 0, WORDS= 2000
Report 50 3,4 12 HOURS= 00.00, WORDS= 2000
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Indicative References and Reading List - URL:
Contact your module leader