Facility & Real  Estate Management FT
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Selected Topics Economics

level of course unit

Introduction and consolidation

Learning outcomes of course unit

A generally valid description of the acquired competences for the semester abroad cannot and should not be defined due to the large number of partner universities and the choices they offer, in order to guarantee freedom for students. The learning outcomes are based on the fundamentals and in-depth knowledge of the individual disciplines in the field of economics. The national credits are converted individually into ECTS points corresponding to performance where appropriate.

As an example, the students have acquired the following competences:

The students are able to:
• Describe and apply basic concepts and methods in economics
• Critically evaluate and question methods and concepts in economics
• Recognize and understand economic interrelations in the context of the real estate industry

prerequisites and co-requisites

none

course contents

A generally valid description of the teaching content for the semester abroad cannot and should not be defined due to the large number of partner universities and the choices they offer, in order to guarantee freedom for students. The learning contents are based on the fundamentals and in-depth knowledge of the individual disciplines in the field of economics.

As an example, this module has the following teaching contents:

• Economic theory
• Microeconomics
• Macroeconomics
• Econometrics
• Regional economy
• Real estate economics
• Economic policy
• Environmental economics

recommended or required reading

A generally valid description of the teaching content for the semester abroad cannot and should not be defined due to the large number of partner universities and the choices they offer, in order to guarantee freedom for students. Depending on the teaching content of the semester abroad at the partner universities, correspondingly adapted specialist literature is required.

As an example, this module is based on the following technical literature:

• Krugman, P., R., Wells, 2017. Volkswirtschaftslehre. 2nd edition. Munich: Schäffer Poeschel
• Pirounakis, N., 2013. Real Estate Economics: A Point-to-Point Handbook. UK: Rout-ledge.
• Maier, G., F., Tödtling, 2012. Regional- und Stadtökonomik 1: Standorttheorie und Raumstruktur. 5th edition. Vienna: Springer
• Maier, G., F., Tödtling, 2012. Regionalentwicklung und Regionalpolitik. 4th edition. Vienna: Springer
• Rottke, N., M., Voigtländer, 2017. Immobilienwirtschaftslehre – Ökonomie. Wiesba-den: Gabler Verlag

assessment methods and criteria

Students are subject to the respective examination modalities of the partner universi-ty.

language of instruction

German

number of ECTS credits allocated

10

course-hours-per-week (chw)

0

planned learning activities and teaching methods

The respective partner university determines the teaching methods.

semester/trimester when the course unit is delivered

3

name of lecturer(s)

Director of Studies

course unit code

VWL

type of course unit

integrated lecture

mode of delivery

Compulsory

work placement(s)

none