Facility & Real Estate Management PT
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Selected Topics Economics

level of course unit

Introduction and consolidation

Learning outcomes of course unit

The students are able to:
• Describe and apply basic concepts and methods in economics
• Critically evaluate and question methods and concepts in economics
• Recognize and understand economic interrelations in the context of the real estate industry

prerequisites and co-requisites

none

course contents

• Economic theory
• Microeconomics
• Macroeconomics
• Econometrics
• Regional economy
• Real estate economics
• Economic policy
• Environmental economics

recommended or required reading

• Krugman, P., R., Wells, 2017. Volkswirtschaftslehre. 2nd edition. Munich: Schäffer Poeschel
• Pirounakis, N., 2013. Real Estate Economics: A Point-to-Point Handbook. UK: Routledge.
• Maier, G., F., Tödtling, 2012. Regional- und Stadtökonomik 1: Standorttheorie und Raumstruktur. 5th edition. Vienna: Springer
• Maier, G., F., Tödtling, 2012. Regionalentwicklung und Regionalpolitik. 4th edition. Vienna: Springer
• Rottke, N., M., Voigtländer, 2017. Immobilienwirtschaftslehre – Ökonomie. Wiesbaden: Gabler Verlag

assessment methods and criteria

Term paper and presentation

language of instruction

German

number of ECTS credits allocated

10

course-hours-per-week (chw)

5

planned learning activities and teaching methods

Blended Learning

semester/trimester when the course unit is delivered

3

name of lecturer(s)

Director of Studies

course unit code

VWL

type of course unit

integrated lecture

mode of delivery

Compulsory

work placement(s)

none