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FIN 100 Real Estate Economics (3 Credits)

The course describes the three primary approaches to estimating real property value: market comparison, the cost approach, and the income approach. Students will also examine real estate market operations as well as the different theories of determining land price. The student will analyze how factors that affect real estate demands interact with the factors that affect real estate supply.

Learning Outcomes:

  • Analyze and apply three primary approaches to estimating real property value, i.e., market comparison, cost approach and income approach.
  • Understand real estate market operations, including various theories in determining land price.
  • Analyze the dynamics of supply and demand in the real estate industry.
  • Understand current economic factors that affect the real estate market and cause real estate values to change.