17772 Real Estate Economics6cp; distance
Real estate economics applies economic theory and analytical techniques to real estate markets in order to describe, explain and predict patterns of prices, supply and demand. The latest economic thinking and research are used to analyse real estate market fundamentals, forecasting of supply and demand, and investor behaviour. Students acquire an understanding of land economics and the economic principles and policies that affect real estate markets, as this subject introduces students to principles of economics applied to those markets. Relevant concepts from microeconomics, macroeconomics, behavioural economics, corporate finance and industry economics are covered. Macroeconomic policy and the relationship between property and business cycles, in both historical and international contexts, are covered in depth.
Spring session, City campus
Detailed subject description.