This course provides a graduate level introduction to urban land economics with emphasis on property development. The course focuses on a total approach to the development process; evaluation, preparation, implementation, and disposal. The course also emphasises projects and cases to give students skills in organising and solving feasibility analysis problems. This course examines the process of real estate development, in the context of pluralistic market economies and underpins the analysis with economic theory. It investigates the meaning and scope of real estate, as well as the mechanics of doing it.