MPRE-732-01 Real Estate Economics
Spring for 2010-2011
This course applies economic analysis to the study of urban real estate markets. The goal of the course is for students to understand and apply economic principles to the analysis of real estate. The course provides an overview of real estate in the U.S. relative to other asset categories, and examines unique aspects of both residential and nonresidential property in urban markets. Among topics covered include growth of the urban core, determination of rent and vacancy, loan-product choice, property price indexes, and economics of the real estate cycle.
Previous coursework in economics is expected, preferably through intermediate economics, and familiarity with basic terms and concepts in economics. Calculus is not required, but a good understanding of algebra and comfort in interpreting graphs is important. Format is lecture with occasional guest speaker.
Urban Economics and Real Estate Markets by Denise DiPasquale and William C. Wheaton (Prentice-Hall); A Primer on U.S. Housing Markets and Housing Policy by Richard K. Green and Stephen Malpezzi (Urban Institute Press).
The following syllabi may help you learn more about this course (login required):
Spring '11: Nothaft, Frank (file download)
Additional syllabi may be available in prior academic years.
Other academic years
There is information about this course number in other academic years: