IBO571 Real Estate Market in National Economy

Code IBO571
Name Real Estate Market in National Economy
Status Compulsory/Courses of Limited Choice
Level and type Post-graduate Studies, Professional
Field of study Civil Construction and Real Estate Management
Faculty Department of Construction Entrepreneurship and Real Estate Economics and Management
Academic staff Jānis Vanags, Linda Kauškale, Jānis Viesturs
Credit points 2.0 (3.0 ECTS)
Parts 1
Annotation Development trends in the real estate market and their correlation to other branches of the national economy. The national fiscal and monetary policy influence on the real estate market and other branches of the national economy. The circularity in real estate market developments. Comparative evaluation of the Latvia real estate market cycles. .
Goals and objectives
of the course in terms
of competences and skills
It is set to supply students with the all necessary knowledge and understanding of the interaction present between the Real Estate Market and the National Economy as such, its development tendencies and influences, as well as the advancement of the process of making forecasts in the Real Estate Market and the influence the market exercises on certain branches of the National Economy by revealing the cyclic nature of the market development in relation to the nature of development and tendencies inherent to the entire National Economy.
Learning outcomes
and assessment
Know and understand the very concept of the Real Estate Market and be able to identify its main features in relation to the entire National Economy by revealing the market' s peculiarities as compared with markets offering other types of commodities; - practical tasks, case studies, seminar
Analyse and evaluate the mutual correlation between the Real Estate Market and National Economy, identify its main features and development trends - practical tasks, case studies, seminar
Be able to identify and assess development trends of the entire Real Estate Markets as well as of its separate segments by using mathematical modelling and other appropriate assessment methods - practical tasks, case studies, seminar
Be able to assess state fiscal and monetary policy's influence on the development of the Real Estate Market and price fluctuations in different segments of the market - practical tasks, case studies, seminar
Comprehend the cyclic nature of the development of both the National Economy and Real Estate Market; know and be able to provide comments on the main influences that cause cyclic development of the Real Estate Market, as well as identify their features - practical tasks, case studies, seminar
Be aware of market 'Overheating' and 'Price Bubble' concepts, their economic substance, as well as understand influences that cause them emerge and develop - practical tasks, case studies, seminar, exam.
Course prerequisites Subject is based on knowledge acquired in previous study period

[Extended course information PDF]