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Information
| Unit | ADANA VOCATIONAL SCHOOL |
| Code | EEY239 |
| Name | Real Estate Economics |
| Term | 2021-2022 Academic Year |
| Semester | 3. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 2 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Ön Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Uzaktan Öğretim |
| Catalog Information Coordinator | Prof. Dr. OSMAN İNANÇ GÜNEY |
| Course Instructor |
Prof. Dr. OSMAN İNANÇ GÜNEY
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
Real estate economy, where economic activities take place It is a field that tries to analyze how and how these needs of households, firms and governments in cities will be met and basically the principles of economic theories are applied.
Course Content
Analyzing economic situation and behavior related to real estate
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Will be able to explain the relationship between real estate economy and economics. |
| LO02 | Will be able to explain the economy of real estate and its fields of work. |
| LO03 | Will be able to explain the difference between the real estate venue market and the real estate asset market. |
| LO04 | Will be able to explain how real estate investment analysis is done and valuation methods. |
| LO05 | Will be able to explain the real estate valuation process and licensing in the world and in Turkey. |
| LO06 | Will be able to explain how the housing market works and the development process of housing policy in Turkey. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Apply general economic knowledge to business processes by performing economic analyses in the real estate sector. | 5 |
| PLO02 | Beceriler - Bilişsel, Uygulamalı | Uses basic level computer software and hardware effectively in accordance with professional requirements. | |
| PLO03 | Yetkinlikler - Alana Özgü Yetkinlik | It effectively carries out the management of real estate, purchase-sale transactions, and marketing processes. | 3 |
| PLO04 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | To be able to transfer theoretical knowledge to the problem solving process. | 4 |
| PLO05 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Fulfills the duties undertaken within the framework of professional ethics, sense of responsibility and self-confidence. | |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | It follows sectoral developments with an approach open to change and innovation and integrates them into business life. | 2 |
| PLO07 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Students can manage the processes in mother tongue and foreign languages by using the effective communication skills and information and communication tools. | |
| PLO08 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Have the ability to report and interpret the tasks given in the field of professional practice as desired. | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Knows the legal regulations needed in the field of real estate management and applies them in professional processes. | |
| PLO10 | Yetkinlikler - Alana Özgü Yetkinlik | Analyzes real estate value determination processes, conducts market research and makes solution-oriented decisions. | 4 |
| PLO11 | Yetkinlikler - Alana Özgü Yetkinlik | Has technical knowledge about the immovable and can carry out technical information based supervision applications. | 3 |
| PLO12 | Yetkinlikler - Alana Özgü Yetkinlik | Manages real estate production and development activities. | 2 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Real Estate and Other Related Definitions | Lecture Presentation Slide | |
| 2 | URBAN SPACE MARKET | Lecture Presentation Slide | |
| 3 | REAL ESTATE MARKET IN TURKEY AND LATEST DEVELOPMENTS | Lecture Presentation Slide | |
| 4 | Real Estate Market SWOT Analysis | Lecture Presentation Slide | |
| 5 | SUPPLY-DEMAND DYNAMICS AND RENTAL IN THE SPACE MARKET DETERMINATION OF VALUES | Lecture Presentation Slide | |
| 6 | FACTORS AFFECTING THE CAPITALIZATION RATE | Lecture Presentation Slide | |
| 7 | OVERVIEW OF THE REAL ESTATE SYSTEM | Lecture Presentation Slide | |
| 8 | Mid-Term Exam | Midterm | |
| 9 | LONG-TERM INCREASE IN REAL ESTATE INVESTMENT DEMAND EFFECT ON MARKET BALANCE | Lecture Presentation Slide | |
| 10 | REAL ESTATE APPRAISAL PROCESS AND LICENSING | Lecture Presentation Slide | |
| 11 | A NEW REAL ESTATE APPRAISAL METHODS VEHICLE: GEOGRAPHICAL INFORMATION SYSTEMS (GIS) | Lecture Presentation Slide | |
| 12 | Housing Market | Lecture Presentation Slide | |
| 13 | HOUSING SUPPLY | Lecture Presentation Slide | |
| 14 | BALANCE IN THE HOUSING MARKET | Lecture Presentation Slide | |
| 15 | STATE INTERVENTION IN THE HOUSING MARKET | Lecture Presentation Slide | |
| 16 | Term Exams | ||
| 17 | Term Exams |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 2 | 28 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 1 | 14 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 4 | 4 |
| Final Exam | 1 | 8 | 8 |
| Total Workload (Hour) | 54 | ||
| Total Workload / 25 (h) | 2,16 | ||
| ECTS | 2 ECTS | ||