CE 114 Real Estate Economics I, CE 115 Real Estate Economics II, and CE 116 Real Estate Economics III
Instructor: Lei Bao
Email: yesbao82@gmail.com
Phone: (671) 487-2101
Web: https://niceonguam.blogspot.com
Office Hours: Mon-Fri 5:00 pm - 900 pm
Class Information
Mode: Online
Duration: 9 hours
Credit Hours: 9
Course Description
This course provides a basic knowledge of markets and growth of markets as they pertain to both residential and commercial real estate. It gives an appreciation of money markets, finance and economic theories of land. It also shows how national and regional economic factors affect salespersons and brokers.
Required Textbook
Lei Bao, Real Estate Handbook for Continuing Education, 1st edition. National Institute of Continuing Education, 2019
Learning Objectives for Students
On completion of the course, students will be able to understand:
- The characteristics of real estate markets and assets.
- The basic functions of real estate markets.
- The role of various actors operating in these markets.
- The principles of real estate market dynamics.
- The value concepts, real estate price and profit formation, and the basic principles of valuation.
Assessment
Students need to complete all of the class assignments. The purpose of the assignments is for you to practice the concepts covered in class. Completing all the homework problems is the best way to practice and prepare for the exam.
You are encouraged to work with others on the assignments. However, do not simply use others to do your work but rather use others to help work through and engage in the concepts.
Exam
There is one final exam. You are expected to be present, seated, and ready to take the exam before the end of the class. You are permitted to use any outside materials, resources, or electronic devices on the exam. The final exam is comprehensive and will be given during a 30-minute block before the end of the class.
Passing Grade & Certificate
The final score of 75% will be considered as a passing grade, and the certificate will be issued to the participant within a week.
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