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| GEOG0618-1 | Real estate markets | ||||||||
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| Duration : | 15h Th, 15h Pr | ||||||||
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| Holder(s) : | Jean‑Marie Halleux | ||||||||
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| Course contents : | The course is made of two main parts: 1. The major characteristics of land and property markets 1.1. Introduction to the economic concept of market 1.2. The "land" production factor and the production of the morphological urbanisation 1.3. The land is not produced: the land rent 1.4. The intervention of public authorities on land and property markets 1.5. The relationships between service markets and asset markets 2. The formation of land and property prices 2.1. Analysis of the housing service in pure concurrence 2.2. The hedonic approach of land and property markets 2.3. Property development and production cost evaluation 2.4. Property evaluation through the actualization method | ||||||||
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| Course objective : | To integrate the comprehension of economic mechanisms in the field of land and property markets. To integrate technical, planning, juridical and economic diagnostics in order to develop an appraisal on the financial value of land and property goods. | ||||||||
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| Prerequisites : | Good basic knowledge of micro and macro-economy. To be open-minded concerning social and economic problems. | ||||||||
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| Workshops : | Data analysis on land and property prices. Synthesis of scientific articles related to the field of land and property markets. | ||||||||
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| Organization : | Alternatively phases of theoretical lectures, phases of data treatment and phases of student presentation. | ||||||||
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| Written notes : | Original written notes with ± 100 pages. | ||||||||
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| Assessment : | The assessment will be realized in two steps: 1. via the workshops (1/3 of the quotation); 2. via an oral exam (2/3 of the quotation). | ||||||||
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| Contacts : | J.-M. Halleux - téléphone : 04/366.53.27 - e-mail : Jean-Marie.Halleux@ulg.ac.be | ||||||||
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ULg : Students and Studies Administration - Academic Affairs
Contact : Monique Marcourt, direction A.E.E.
Date of data : 27/02/2006
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