Master's Programme in Business Administration (5 years)
Language of instruction
Introduction to Microeconomics or equivalent.
Upon successful completion of this course student should:
be familiar with the concepts of real estate economics
identify how various international and national events may influence the real estate market
know the relationship between the property and capital markets
explain how real estate affect cities and landscape, and how the real estate industry impacts the environment
understand the location decision of households and firms
explain how rents and prices in the urban land markets are determined
understand the unique features of the housing market and its functioning
analyze and explain the implications of public policy and regulation for the real estate market
This course introduces students to the main tools and concepts of real estate economics. Students will learn models addressing central topics within real estate economics, such as real estate in the wider economy (internationally and nationally) and the relationship between the property and capital markets. Moreover, topics within urban economics are in focus (e.g., location patterns in urban areas, sustainable use of land, etc.) Environmental impact associated with usage, construction and renovation of properties will be addressed.
Lectures and group work. Estimated workload is about 200 hours.
Approved compulsory group assignment. More information will be given in Canvas at the start of the semester.
Assessment methods and criteria
4-hour written examination with letter grades.
The person responsible for the course, in consultation with the student representative, decides the method of evaluation and whether the courses will have a midterm- or end of term evaluation, see also the Quality System, section 4.1. Information about evaluation method for the course will be posted on Canvas.