Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.
LEARNING OUTCOMES
After the course, the student is familiar with the characteristics of real estate markets and assets. The student understands the basic functions of real estate markets, the role of various actors operating in these markets, and the principles of real estate market dynamics. Further, the student understands value concepts, real estate price and profit formation, and the basic principles of valuation. He/she also is able to perform valuation calculations.
Credits: 6
Schedule: 08.09.2020 - 14.10.2020
Teacher in charge (valid 01.08.2020-31.07.2022): Vitalija Danivska
Teacher in charge (applies in this implementation): Vitalija Danivska
Contact information for the course (valid 15.08.2020-21.12.2112):
Course teacher: Dr.Sc. Vitalija Danivska
Assisting teacher: Dr.Sc. Anahita Rashidfarokhi
CEFR level (applies in this implementation):
Language of instruction and studies (valid 01.08.2020-31.07.2022):
Teaching language: English
Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
Valid 01.08.2020-31.07.2022:
Characteristics of real estate assets and markets
Actors in real estate market
Market dynamics
Principles of real estate valuation
Valuation methods
Applies in this implementation:
Characteristics of real estate assets and markets
Actors in real estate market
Market dynamics
Principles of real estate valuation
Valuation methods
Assessment Methods and Criteria
Valid 01.08.2020-31.07.2022:
Lectures and assignments, option for an exam (preliminary). The assessment methods and criteria will be announced in course syllabus.
Applies in this implementation:
- From each assignments, a grade between 0-5 is given
- In order to pass the course, each assignment must be graded at least 1
- The course grade will be the average of your assignment grades, rounded up to the nearest integer
Workload
Valid 01.08.2020-31.07.2022:
160 hours (6 cr). The workload per activity type will be presented in the course syllabus.
Applies in this implementation:
- Contact teaching (including lectures & assignment instructions and feedback): 28h
- Independent learning & assignments: 132h
DETAILS
Study Material
Valid 01.08.2020-31.07.2022:
To be announced in course syllabus, MyCourses and lectures.
Applies in this implementation:
Reading materials are provided during the course.
Substitutes for Courses
Valid 01.08.2020-31.07.2022:
REC-E1010 Real Estate Economics
Registration for Courses
Valid 01.08.2020-31.07.2022:
The course is offered only to students in the Master's Programme in Real Estate Economics, Master's Programme Creative Sustainability (Real Estate and Water Management), Master's Programme in Urban Studies and Planning (real estate specialization) and those exchange students who have been pre-admitted to the course.
The minor students will be selected based on
1) motivation letter and
2) academic performance of previous studies.
Others than degree students of the Master’s Programme in Real Estate Economics should submit a transcript of records and a motivation letter to the MyCourses page of the course two weeks before the course starts.Applies in this implementation:
In 2020, most of the lectures will be held online. Calculation tutoring done in smaller groups face to face if allowed.
SDG: Sustainable Development Goals
11 Sustainable Cities and Communities
FURTHER INFORMATION
Details on the schedule
Applies in this implementation:
Tuesdays 12:15 -15
Wednesdays 13:15 -16
via Zoom.
- Teacher: Danivska Vitalija
- Teacher: Ekroos Ari
- Teacher: Falkenbach Heidi
- Teacher: Ibrahim Islam
- Teacher: Lönnroth Tea
- Teacher: Puustinen Tuulia
- Teacher: Rashidfarokhi Anahita