ECO406 REAL ESTATE ECONOMICS AND FINANCE
Course Code: |
3520406 |
METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
ECTS Credit: |
6.0 |
Department: |
Economics |
Language of Instruction: |
English |
Level of Study: |
Undergraduate |
Course Coordinator: |
Assoc.Prof.Dr. EMRE ÖZÇELÝK |
Offered Semester: |
Fall Semesters. |
Course Content
Real estate represents a large fraction of the world’s wealth and real estate investment represents a significant part of many institutional portfolios. Its efficient utilization and the markets in which it is traded involve many interesting and complex economic issues. This course applies the economic and finance theory to the real estate investment analysis. In particular, Urban Economics foundation of real estate investment in the space market and Financial Economics perspective on both equity real estate (REITs and real property) and debt real estate (mortgages and mortgage-backed securities) investments are covered.