Urban Real Estate Economics

This is a change in course content from Students will master the fundamentals of urban economics necessary for engaging professionally in the real estate world. This course examines the evolution in theory and practice of urban economic development concepts, as well as actual initiatives in cities from housing production, transportation systems, supply chains, infrastructure and unique product types such as culturally anchored commercial developments and district development. Students will be provided a toolbox of economic development strategies and tactics, along with relevant real-world examples through case study, video and guest lectures. Students also obtain a basic understanding of forces affecting economic development strategies, information on successful and unsuccessful approaches, and an opportunity to engage in a critical analysis of current thinking in urban economic development. As a by-product, they will be well prepared to sit at any side of a public/private real estate development negotiation table: as government, citizen / community resident, or developer/investor.