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Last modified: 31 May 2022 13:05

Course Overview

To understand and apply economic
principles to contemporary issues concerned with land management, land
development, nature conservation and the environment. Part of the course looks
at Land Economics, and this examines the real estate development process and
development economics. This is a core part of what RICS surveyors do. A
substantive part of the course also looks at Environmental Economics including the
costs and benefits of alternative environmental policies to deal with land
management, nature conservation, water quality and global warming issues.
Sustainability issues are introduced in the course.

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No

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What courses & programmes must have been taken before this course?

  • Either Geography (GG) (Studied) or Master of Land Economy in Rural Surveying & Rural Property Mgmt (Studied)
  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?


What courses cannot be taken with this course?


Are there a limited number of places available?


Course Description

The course covers environmental
economics and also land economics and will examine the following topics: 

  • Introduction to application of
    economic principles – macro and micro

  • Managing externalities and options
    for valuing the environment and landscapes

  • Economic Development Overview – incl.
    rural economic development 
  • Development Economics - Main actors
    in real estate development process - Appraisals – Valuations

  • Development Economics - Shaping
    markets – making plans and reforming institutions - Shaping markets by
    strategic transformation - Regulating real estate markets - Market Stimulus

  • Econ Value of upland Landscapes - Choice
    Experiment and Contingent Valuation

  • Land use in the Scottish hills and
    uplands: how can economics help create complementarity and avoid conflicts?

  • Ecosystem services - Incl. payments
    -Bring in more CNPA examples - Wild Ennerdale water example Ospreys – Lakes

  • Economic impacts of projects

  • Site Visit – Glen Tanar & River
    Dee Trust

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers

Summative Assessments

There are no assessments for this course.

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberILO’s for this course are available in the course guide.

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