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Regional & Real Estate Economics

Niveau

Introduction and consolidation

Learning outcomes of the courses/module

The students are able to:
• understand essential concepts of regional economics as well as theoretical approaches to the growth of regions
• understand the role of space in economic analyses and to reflect on how models of regional development are applied in Austria as well as in the EU
• identify and structure relevant economic-geographical problems, understand the specificity of spatial data, as well as to select and identify different procedures for the identification, visualization and evaluation of regional economic phenomena
• identify, understand and analyze real estate markets
• name economic analysis methods and apply them to the real estate industry

Prerequisites for the course

none

Course content

Principles of regional economics
• Introduction to theoretical approaches to the growth of regions
• Principles of location selection as well as urban and regional development
• Aims and tools of Austrian and European regional policy
• Advancing real estate aspects of regional economics

Application of spatial information in regional economics
• Introduction to methods for analyzing regional economic interrelationships
• Introduction to empirical research and special features of spatial data, spatial econometrics

Principles of real estate economics
• Basics and consolidation real estate economics
• Economic significance of real estate markets
• Macroeconomics, microeconomics and real estate markets
• Portfolio theory in the real estate industry
• Demographic development and the significance in the real estate industry
• Price bubbles in the real estate industry

Recommended specialist literature

• Gunther Maier und Franz Tödtling 2006. Regional- und Stadtökonomie 1, Standorttheorie und Raumstruktur. Jahrbuch für Regionalwissenschaft. Springer
• Schulte, K. 2008. Immobilienökonomie: Band IV: Volkswirtschaftliche Grundlagen. de Gruyter
• Krugman, P. et al. 2011. Internationale Wirtschaft: Theorie und Politik der Außenwirtschaft. Pearson Studium - Economic BWL

Assessment methods and criteria

Seminar thesis and examination

Language

German

Number of ECTS credits awarded

5

Share of e-learning in %

30

Semester hours per week

2.5

Planned teaching and learning method

Blended Learning

Semester/trimester in which the course/module is offered

1

Name of lecturer

Asc. Prof. (FH) Dipl.-Ing. Christian Huber

Academic year

Key figure of the course/module

RIM

Type of course/module

integrated lecture

Type of course

Compulsory

Internship(s)

none