Module Details

Module Code: DSGN
Module Title: Design Economics
Title: Design Economics
Module Level:: 8
Credits:: 5
Module Coordinator: Eoin Homan
Module Author:: Fiona Dawson
Domains:  
Module Description: The aims of the subject are:
(1) to develop a greater knowledge of the costs associated with construction and management of buildings
(2) to develop a greater knowledge of the costs associated with the construction and management of a building
(3) to teach cost analysis, cost planning, cost modelling and value management skills;
(4) to develop an understanding of the interrelationship of building costs and costs-in-use
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 critically evaluate and effectively carry out an economic appraisal
LO2 to demonstrate an appreciation of and effectively participate in Cost Analysis, Cost Planning, Cost Modelling, Life Cycle Costing and Value Management work
LO3 display an understanding of the impact of building design decisions on capital costs and costs-in-use
LO4 analysis, reflect and critically discuss cost benefit analysis and externalities
LO5 to demonstrate an understanding of taxation and grants within the Irish Construction Industry
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Additional Requisite Information
No Co Requisites listed
 
Indicative Content
(1) Project Feasibility
(a) Appraisals (Developers, Residual, Feasibility), Developers Brief (b) Cost of Capital (c) Time Value of Money (d) Cost Benefit Analysis
(2) Design Economics
(a) Design and Quality Economics (b) Cost Plan (c) Life Cycle Costing (Theory) (d) Value Management and Value Engineering (e) Bench Marking
(3) Capital Taxation
(a) Taxation (b) Grants (c) Capital Allowances (d) VAT
Module Content & Assessment
Assessment Breakdown%
Project60.00%
End of Module Formal Examination40.00%

Assessments

Full Time

No Continuous Assessment
Project
Assessment Type Project % of Total Mark 60
Timing Sem 1 End Learning Outcomes 1,2,3,4,5
Non-marked No
Assessment Description
No Description
No Practical
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 40
Timing End-of-Semester Learning Outcomes 2,3
Non-marked No
Assessment Description
No Description
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

SETU Carlow Campus reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description 12 Weeks per Stage 4.00 48
Estimated Learner Hours Non Contact No Description 12 Weeks per Stage 6.42 77
Total Weekly Contact Hours 4.00
 
Module Resources
Recommended Book Resources
  • Allan Ashworth,Srinath Perera. (2015), Cost Studies of Buildings, 6th. Prentice Hall, p.584, [ISBN: 978-113801735].
  • Richard Kirkham. (2014), Ferry and Brandon's Cost Planning of Buildings, 9th. Wiley-Blackwell, p.432, [ISBN: 978-111996862].
  • Anthony E. Boardman... [et al.]. (2018), Cost-benefit analysis, 5th. Pearson/Prentice Hall, Upper Saddle River, N.J., [ISBN: 978-110840129].
  • R. C. Shutt. (1995), Economics for the Construction Industry, Longman, p.233, [ISBN: 978-05822291].
This module does not have any article/paper resources
Other Resources
Discussion Note: