1. The Land Economy Tripos shall consist of three Parts: Part Ia, Part Ib, and Part II.
2. A student may be a candidate for honours in Part Ia if he or she has kept one term, provided that three complete terms have not passed after the student's first term of residence.
3. A student who has obtained honours in Part Ia or in another Honours Examination may be a candidate for honours in Part Ib in the year after so obtaining honours, provided that he or she has kept four terms and that nine complete terms have not passed after the student's first term of residence.1
4. A student who has obtained honours in Part Ib or in another Honours Examination may be a candidate for honours in Part II in the year after so obtaining honours, provided that he or she has kept seven terms and that twelve complete terms have not passed after the student's first term of residence.1
5. No student shall be a candidate for more than one Part, or for any Part and also for another Honours Examination, in the same term.
6. No student who has been a candidate for honours in any Part shall again be a candidate for honours in the same Part.
7. There shall be two separate bodies of Examiners, one for Part Ia, and one for Part Ib and Part II. In each case, the Board of Land Economy shall nominate such number of Examiners as they shall deem sufficient.
8. The Board of Land Economy shall have power to nominate one or more Assessors to assist the Examiners in any of the subjects of the Tripos. Each Assessor shall propose questions in the papers assigned to him or her by the Examiners, shall look over the answers of the candidates to those questions, and shall report thereon to the Examiners. An Assessor may be summoned to meetings of the Examiners for the purpose of consultation and advice, but shall not be entitled to vote.
9. Each body of Examiners shall elect one of their number to act as Chair.
10. The questions proposed by each Examiner or Assessor shall be submitted to the whole body of Examiners for approval.
11. There shall be a separate class-list for each Part of the Tripos. In each list the names of those who obtain honours shall be arranged in three classes, of which the second shall be divided into two divisions. The names in the first and third classes, and in each division of the second class, shall be arranged in alphabetical order. For special excellence a mark of distinction may be awarded.
12. The papers for the Land Economy Tripos, which shall be divided into Groups I–III, shall be as follows:
Paper 1A. |
Economics I |
Paper 1B. |
Economics II |
Paper 2. |
The public sector: institutional and legal frameworks |
Paper 3. |
Quantitative and legal methods for land economists |
Paper 4. |
Land economy, development, and sustainability |
Paper 5. |
Environmental economics and law |
Paper 6. |
Fundamentals of finance and investment |
Paper 7. |
Regional economics and policy |
Paper 8. |
The law of real property: principles, policy, and economic implications |
Paper 9. |
Private law |
Paper 10. |
The built environment |
Paper 11. |
Land and urban economics |
Paper 12. |
Law and economics |
Paper 13. |
Landlord and tenant law |
Paper 14. |
Planning policy and practice |
Paper 15. |
Advanced techniques in finance and investment for real estate |
Paper 16. |
Land, food, and ecosystem services |
Paper 17. |
Land policy and development economics |
The subject of each paper shall be examined by means of a paper of three hours’ duration, except Papers 1A, 1B, and 4 which shall each be examined by means of a paper of two hours’ duration. Additionally, the examination for Papers 3 and 4 shall include submission of a report on a project undertaken by the candidate; the work to be undertaken for the project, its length, and the arrangements for the submission of the report, shall be prescribed from time to time by the Board of Land Economy.
13. A candidate for honours in Part Ia shall offer all four papers from Group I.
14. A candidate for honours in Part Ib shall offer papers as follows:
provided that
15. The Board of Land Economy shall have power to grant exemption from the requirement to offer Paper 3 to any candidate for honours in Part Ib under Regulation 14(b) who satisfies the Board that he or she has passed an examination of an acceptable standard in statistics or quantitative methods. Application for such exemption shall be made in writing through the candidate's Tutor to the Secretary of the Board of Land Economy not later than the end of the second week of the Full Michaelmas Term preceding the examination; the candidate shall be notified of the Board's decision not later than the division of the Michaelmas Term.
16. Candidates for honours in Part II shall offer papers and a dissertation as follows:
17. A dissertation offered under Regulation 16 shall be submitted in accordance with the following provisions:
18. The Board of Land Economy shall have power to make supplementary regulations defining all or any of the subjects of examination, and to modify, alter, or withdraw such supplementary regulations as they see fit, due care being taken that sufficient notice is given of any change.
An introduction to microeconomics and welfare economics.
An introduction to macroeconomics and macroeconomic policy.
A study of constitutional and administrative law, including the European Union, Parliament, the Executive, next step agencies, quangos and other government agencies, local government, and judicial review.
An introduction to relevant skills required for successful study on the Land Economy Tripos. These include legal skills, mathematics (including refreshing mathematical skills), statistics, and qualitative policy analysis. The examination for this paper includes the submission of a report on a project. The project to be undertaken for Paper 3 and the word length shall be specified by the Board of Land Economy and announced not later than the division of the Lent Term. Candidates will be required to submit in typescript, by a date to be announced by the Board, an account of the project in the form of an extended essay. The account should be in English. Each candidate will be required to sign a declaration that the project and the report on it are her or his own work, unaided except as may be specified in the declaration, and that the report does not contain material that has already been used to any substantial extent for a comparable purpose; if two or more candidates have undertaken a project in collaboration, they will each be required to indicate the extent of their contribution.
Major economic, demographic, institutional, and technological changes and their impact upon the natural and built environments of the United Kingdom. The examination for this paper includes the submission of a report on a project. The project to be undertaken for Paper 4 and the word length shall be specified by the Board of Land Economy and announced not later than the division of the Lent Term. Candidates will be required to submit in typescript, by a date to be announced by the Board, an account of the project in the form of an extended essay. The account should be in English. Each candidate will be required to sign a declaration that the project and the report on it are his or her own work, unaided except as may be specified in the declaration, and that the report does not contain material that has already been used to any substantial extent for a comparable purpose; if two or more candidates have undertaken a project in collaboration, they will each be required to indicate the extent of their contribution.
Principles of environmental economics and law, environmental policy and policy analysis, urban and rural environmental management.
An introduction to the analytical techniques for identifying risk/return opportunities in real estate and other financial markets, and the different types of funding/investment strategies available to real estate professionals.
Theories relating to regional growth and the economic analysis of regional development and policies designed to influence patterns of growth and development. The term ‘region’ is defined broadly to include international trading blocs, nations, and regions within a particular country.
An introduction to land law in England and Wales, including estates, tenure, title, registration systems, mortgages, and other interests in land.
Principles of contract and tort, introduction to company law.
Elements of building design and construction and the impact of social, economic, legal, and technological factors on the built environment.
The economics of land markets and policies for public intervention in land markets, urban economics, the economics of housing and housing policy, and commercial property.
The relationship between the disciplines of law and economics, including economic theories and analysis of law, the part played by economic theory in legal reasoning, the role of law in allocating resources and in correcting market failures, and economic and legal theories of value and of compensation.
The land law of England and Wales of particular relevance to the relationship of landlord and tenant: common law of leases and of the rights and obligations of the parties to leases; the statutory regulation of residential, business, and agricultural tenancies; and homelessness.
The law, administration, practice, and theory of land use planning in Great Britain.
An introduction to advanced methods in the valuation and financing of real estate, mixed asset portfolio allocation, and risk management.
The ownership and use of land for primary production in the United Kingdom and other developed countries. Food production and consumption. Land uses and the provision of ecosystem services. Public policies towards rural land and ecosystem services.
The role of land, agriculture, and natural resources in the growth and development of low income countries and their relationships to richer countries.