ABSTRACT
For 25 years this textbook has been used to introduce students to the various relationships that exist between economics and property. During that time colleagues teaching in mainstream economics departments have faced some criticism, mostly from students who have become disillusioned with some of the theoretical assumptions and mathematical equations that they are traditionally taught. In the last decade this dissatisfaction has even led to student protests and disruptions, and demands that university departments of economics catch up with the times and meet current challenges. For example, in 2014, students based at Manchester University published a report rejecting the dogmatic teaching of mainstream theory. These views were shared by similar groups at other universities in the UK that offer courses to meet built environment interests, such as Cambridge, LSE, ShefÀeld, *lasgow, Essex and UCL. This movement for change was prompted by a desire to graduate with credible degrees better suited to careers and jobs in the twenty-Àrst century.
