This course, offered through Schack Institute’s Executive Education division, introduces topics in real estate economics that relate to the built environment. At its core, the course addresses key ideas in urban economics, such as agglomeration and scale economies. The course examines linkages between regional, national, and global economies and real estate markets. It explores positive and negative economic externalities that distort the urban built space, as well as local policies such as zoning and rent control that have perverse effects on development. Substantial student participation is expected throughout the course.
Continuing Education Units (CEU) : 1

You'll walk away with

• Knowledge of the factors influencing the supply and demand for real estate
• The ability to recognize the factors that drive the urban built space as a matter of economic theory and measurement
• The skills to combine the above to evaluate the marketability of particular real estate investments and developments
• An understanding of the relevance of economic analysis in sound investment underwriting

Ideal for

• Working professionals with an interest in understanding how supply and demand drive pricing and value in commercial real estate
• Members of the CRE Finance Council (CREFC)