Entry requirements

Progression level in relation to degree requirements

The course belongs to the main field of Real Estate Science at the level of 1-60 credits and is mandatory forthe bachelor's degree in Real Estate Science - Specialization in Real Estate Management.

The course belongs to the main field of Real Estate Science at the level of 1-60 credits and is mandatory for the bachelor's degree in Real Estate Science - Specialization in Real Estate Brokerage.

Course contents

The first central element of the course is that students should develop an understanding for how markets function based on economic theories. Specifically, students shall be able to use economic theories to understand and analyse real estate markets. Also, students should understand and be able to analyse the relationship between how markets function, policy tools and sustainability. The second central element is to teach statistical methods that students should be able to use to analyse real estate markets. The course is divided into four central blocks: Microeconomics, Macroeconomics, Statistics and Urban economics.

Learning outcomes

Knowledge and understanding
After completing the course, the student shall be able to:
1. account for central concept and theories in microeconomics, macroeconomics, urban economics and statistics.
2. based on economic theory, explain how market failures can motivate policy tools and argue for measures for increased sustainability in general and within the real estate sector.

Skills and abilities
After completing the course, the student shall be able to:
3. use theories from microeconomics, macroeconomics and urban economics to analyse market developments, and the real estate market in particular.
4. perform basic statistical calculations, apply statistical methods, and interpret statistical results including analyses of real estate market data

Ability to evaluate and approach
After completing the course, the student shall be able to:
5. Analyse and reflect critically on markets developments by using scientific methods, economic theory and scientific literature.

Learning activities

Course activities are teacher-led sessions as well as independent work. Teaching activities are carried out as a mix of lectures, seminars/exercises, recorded video material, live-streamed sessions, and working with statistical software programs. Students are expected to be able to work with tasks both individually and in collaboration with others.

Assessment

Individual examination (5 credits) (UA) (Learning outcomes: 1-5)
Group-based assignment in statistics (1 credit) (Learning outcome: 1, 4) (Pass/fail)
Group-based assignment including seminar (1.5 credits) (Learning outcome: 3,5).(Pass/fail).

To pass the course in its entirety, a passing grade is required for each examination.
The final grade (A-E) for the course is determined by the grade on the individual examination.

Course literature

• Coskeran, T. (2019). Second edition. Economics: A complete introduction: Teach Yourself. John Murray, Press, UK
• Illowsky, B. & Dean, S. (2013). Introductory Statistics. OpenStax, Houston, Texas. (available electronically).
• O’Sullivan, A. (latest edition). Urban Economics. McGraw-Hill Education.

Complementary material will be provided electronically

Course evaluation

Malmö University provides students who participate in, or who have completed a course, with the opportunity to express their opinions and describe their experiences of the course by completing a course evaluation administered by the University. The University will compile and summarise the results of course evaluations. The University will also inform participants of the results and any decisions relating to measures taken in response to the course evaluations. The results will be made available to the students (HF 1:14).

Interim rules

If a course is no longer offered, or has undergone significant changes, the students must be offered two opportunities for re-examination based on the syllabus that applied at the time of registration, for a period of one year after the changes have been implemented.

Additional information

If a student has a Learning support decision, the examiner has the right to provide the student with an adapted test, or to allow the student to take the exam in a different format. The syllabus is a translation of a Swedish source text.