4B047E - Built Environment Economics and Law 01 Sep 2026 - 31 Jul 2032 | Version 0
Associated Module Information
| Module Code: | 4B047E | ||
|---|---|---|---|
| Module Title: | Built Environment Economics and Law | ||
| Faculty: | Faculty of Computing, Engineering and Science | ||
| Faculty Group: | Built and Sustainable Environment | ||
| Faculty Sub Group: | Built Environment | ||
| Module Leader: | Shane Galvin | ||
| Module Team: | Adam Collins, Bowen Yan | ||
| First Intended Intake: | SEP 2026 | Final Year of Intake: | |
| Date Closed: | |||
| Credit Value: | 30 | Credit Level: | 4 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100151 - construction management | 100450 - economics | 100485 - law |
| HECOS Code Weighting: | 50 | 25 | 25 |
Document Version Information
| Version | 0 |
|---|---|
| Valid From | 01 Sep 2026 |
| Valid To | 31 Jul 2032 |
Module Aims
To analyse the economy in relation to the built environment, including key economic data sources and their influence on decision-making.
To apply and evaluate financial concepts in relation to cost and value within the built environment.
To examine and evaluate the legal frameworks, responsibilities, and stakeholder roles that govern the UK construction industry and built environment.
Content Summary
This module provides students with an integrated understanding of the economic and legal frameworks that influence the construction industry and the wider built environment. It introduces key economic principles relating to market behaviour, economic activity, and government intervention, enabling students to interpret economic indicators and their influence on decision-making. Students will also explore the cyclical nature of property and construction markets, valuation methods, investment return, and risk analysis, supported by introductory financial calculations including compound interest and discounted cash flows.
Alongside the economic dimension, the module examines the wide range of laws governing the UK construction industry, focusing on contractual obligations, health and safety requirements, procurement and environmental sustainability. Emphasis is placed on understanding the civil and criminal liabilities of stakeholders and the legal responsibilities that underpin professional practice. Students are also introduced to ethics, codes of practice, and professional standards that promote integrity and accountability in the sector.
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Practical classes & Workshops | 24 |
| Groupwork | 12 |
| Active/Simulation-based | 6 |
| Demonstration | 12 |
| Formative Assessment - Scheduled | 2 |
| Formative Assessment - Independent | 16 |
| Summative Assessment | 60 |
| Direct Study | 84 |
| Independent Study | 84 |
| Total Hours Selected | 300 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Describe and explain how economic activity, market behaviour, and macro-economic factors influence the built environment. |
| LO2 | Explain the relationship between economic concepts and construction and property law. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Asynchronous Assessment | Document analysis | Online | 0 | 2000 | 40 | No | 40 |
| Synchronous Onsite Practical Assessment | Simulation (Onsite) | Practical Assessment – Simulation (Onsite) | 10 | N/A | 60 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Document analysis | ✔ | ✔ | |
| Simulation (Onsite) | ✔ | ✔ | |