Applied economics

lbarc2185  2019-2020  Bruxelles Saint-Gilles

Applied economics
Note from June 29, 2020
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
3 credits
30.0 h
Q2
Teacher(s)
Van Droogenbroeck Nathalie;
Language
French
Main themes
This teaching unit is designed to introduce economic thinking in an overall approach to urban issues, first from a macroeconomic perspective ('urban economics'), then gradually down to microeconomics (economic study of property markers, economic study of buildings).
The teaching unit aims to introduce students to:
  • the main economic concepts (offer, demand, markets, maximisation etc.). The application of these tools and concepts in the economic theories of locations ("spatial economics") should enable students to discover how the spatial location of economic activity works, what the necessary conditions for economic development are and the role that cities have played in this development.
  • building economics by developing the concepts of property value; the ways companies set their prices and techniques for estimating cost in the construction sector.
Aims

At the end of this learning unit, the student is able to :

1 This course provides an introduction to the economic issues faced by a company and an understanding of the context/s in which construction economics operates.

Specific learning outcomes:

By the end of this teaching unit, students will be able to develop and integrate the following skills:
  • Understand the current economic situation
  • Apply basic economic concepts to the way locations in space work, both residential and non-residential
  • Understand and analyse, according to the property market or from a company viewpoint, the different methods for estimating costs.
Contribution to the learning outcomes reference network:
Place the action
  • Identify and analyse the paradigms on which the study is based according to various given methods and starting from various points of view
Make use of other subjects
  • Make strategic use of other subjects to put into question the design and implementation of an architectural project
Make committed choices
  • Develop awareness of the political meaning of the work of an architect and his/her responsibility towards society
 

The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Faculty or entity
LOCI


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Aims
Master [120] in Architecture (Tournai)

Master [120] in Architecture (Bruxelles)