PROP10001 Economics and Cities
University of Melbourne · Level 1 · 12.5 points · Runs in 2026: Semester 2.
- No final exam: all coursework
- About 3 class hours a week
Is PROP10001 hard?
PROP10001: Easier. Not counted by Bachelor of Science, so it isn't on its lists. Makes it easier: Reviewers say it’s manageable (4 reviews), Reviewers say the workload is light, No final exam, First-year subject.
What you learn
Economics of cities: land use, land values, property rights and how markets and rules shape where things go.
After it you can
- Apply basic economics to land markets
- Explain how land values vary across a city
- Critique laws affecting land and property
What you need first
None
What it leads to
- PLAN30005 Urban Precinct Studio
- PROP20002 Design and Property Principles
- PROP20003 Design and Property Industry Studies
Careers
Helps toward: Construction manager, Quantity surveyor
How it’s assessed
Quizzes 20%, Reports and essays 80%
Student reviews and ratings
Summarised from 4 students on StudentVIP (2023–2025)
- Reviewers agree it is an easy subject to score well in, even without an economics or property background.
- Assessments are clear: an open-book quiz on basic economics, then a mapping task on land prices and density moving out from the city.
- Content can be boring, and some felt tutorials just repeated the online modules.
A summary of public reviews, not scored here.
Taken this subject? Rate it anonymously (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Rate PROP10001
Quick answers
- When is PROP10001 offered?
- Runs in 2026: Semester 2.
- What do I need before taking PROP10001?
- No prerequisites.
- Does PROP10001 have a final exam?
- No, there is no final exam. Assessment: Quizzes 20%, Reports and essays 80%.
- Is PROP10001 hard?
- From 4 student reviews on StudentVIP: Reviewers agree it is an easy subject to score well in, even without an economics or property background.
- What do students say about PROP10001?
- Reviewers agree it is an easy subject to score well in, even without an economics or property background. Assessments are clear: an open-book quiz on basic economics, then a mapping task on land prices and density moving out from the city. Content can be boring, and some felt tutorials just repeated the online modules.
- How many class hours a week does PROP10001 have?
- 3 h a week in class
- Can I take PROP10001 as breadth?
- Yes, for: Bachelor of Arts, Bachelor of Biomedicine, Bachelor of Design, Bachelor of Fine Arts (Acting), Bachelor of Fine Arts (Animation), Bachelor of Fine Arts (Dance), Bachelor of Fine Arts (Film and Television), Bachelor of Fine Arts (Music Theatre), Bachelor of Fine Arts (Production), Bachelor of Fine Arts (Screenwriting), Bachelor of Fine Arts (Theatre), Bachelor of Fine Arts (Visual Art), Bachelor of Music.
- What can I take after PROP10001?
- 3 subjects need it first, for example PLAN30005, PROP20002, PROP20003.
- Can I rate PROP10001?
- Yes. If you've taken it, rate it anonymously on this page (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Averages show once 3 students have rated it; tips are checked before they appear.
Source: University of Melbourne Handbook 2026
Always confirm in the official Handbook.
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