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BU5036: REAL ESTATE ECONOMICS (2016-2017)

Last modified: 16 Nov 2016 17:59


Course Overview

This course aims to provide an overview of basic economic models and recent developments regarding the working of real estate markets and urban land markets. The course is intended to enable students

i)  To examine real estate as a set of linked markets, functionally divided between use, investment and development

ii) To understand the dynamics of specific types of real estate markets and appreciate real estate market modelling approaches

iii) To understand the location patterns of land use within urban areas and regional development

iv)  To understand the role that regulations and planning play in real estate markets

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
Co-ordinators
  • Dr Martin Wersing

What courses & programmes must have been taken before this course?

  • One of MSc in Real Estate (Commercial Option) (Studied) or MSc in Real Estate (International Option) (Studied) or MSc Finance and Real Estate (Includes Cfa Exam) (Studied) or MSc Finance and Real Estate (Studied)
  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

Introduction to economics; Real estate as a set of linked markets (use, investment and development); real estate and the macro economy; agglomeration economies and urban location theory; Institutional and regulatory environment of real estate; Analysis of real estate sectors (office, retail, industrial, residential).

Degree Programmes for which this Course is Prescribed

  • MSc Finance and Real Estate
  • MSc Finance and Real Estate (Includes Cfa Exam)

Contact Teaching Time

57 hours

This is the total time spent in lectures, tutorials and other class teaching.

Teaching Breakdown


Assessment

1 two hour written examination (75%); continuous assessment (25%) consisting of one 1500 word assignment.

Resit: 100% on 2 x hour written examination.

Formative Assessment

None.

Feedback

None.

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