114-0906/01 – Theory of the Real Estate Market (TTN)

Gurantor departmentDepartment of EconomicsCredits10
Subject guarantordoc. PhDr. Olga Březinová, CSc.Subject version guarantordoc. PhDr. Olga Březinová, CSc.
Study levelundergraduate or graduateRequirementChoice-compulsory
YearSemesterwinter + summer
Study languageCzech
Year of introduction2006/2007Year of cancellation2011/2012
Intended for the facultiesEKFIntended for study typesMaster
Instruction secured by
LoginNameTuitorTeacher giving lectures
BR150 doc. PhDr. Olga Březinová, CSc.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 45+0
Part-time Credit and Examination 45+0

Subject aims expressed by acquired skills and competences

- An overview of basic concepts of the functioning of the housing market - Knowledge of basic criteria for investment decisions for the investment property - Knowledge of the principles of property valuation, as well as legal and economic aspects of the issue - Knowledge of the basic features of the real estate market in the Czech Republic and the EU.

Teaching methods

Lectures
Individual consultations

Summary

Basic terms from the field of the real estate market functioning. Evaluation of the supply side and the demand side on this type of market, applying the conditions prevailing in the Czech Republic. Basic criteria for investment decision making in the fied of investments into real estate. Principles of real estate properties evaluation. Legal and economical aspects of the task. Real estate market following the entry of the Czech republic into the European Union.

Compulsory literature:

Berges, S.: The Complete Guide to Real Estate Finance for Investment Properties. John Wiley and Sons 2004. Evans, A. W.: Economics, Real Estate and the Supply of Land. Blackwell Publ. 2004. Galaty, F. – Kyle, R. C. – Allaway, W. J.: Modern Real Estate Practice. Dearborn 2002. International Real Estate. Seabrooke W. a kol. edit. Blackwell Publ. 2004. McLean, A. J. – Eldred, G. W.: Investing in Real Estate. John Wiley and Sons 2003. Wolverton, M. L. – Wang, K.: Real Estate Valuation Theory. Springer 2002.

Recommended literature:

Way of continuous check of knowledge in the course of semester

E-learning

Other requirements

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

Basic concepts of operation of the real estate market. Evaluation supply side and demand side in this market with application to the conditions of the Czech Republic. Basic criteria for investment decisions on investments in real estate market. Principles of valuation. Legal and economic aspects of the problem. Real estate market of the Czech Republic after accession to the European Union.

Conditions for subject completion

Part-time form (validity from: 1960/1961 Summer semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation and Examination Credit and Examination 100 (145) 51
        Examination Examination 100  0
        Exercises evaluation Credit 45  0
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2011/2012 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Choice-compulsory study plan
2010/2011 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Choice-compulsory study plan
2010/2011 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Choice-compulsory study plan
2009/2010 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Choice-compulsory study plan
2009/2010 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Choice-compulsory study plan
2008/2009 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Choice-compulsory study plan
2008/2009 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Choice-compulsory study plan
2007/2008 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Choice-compulsory study plan
2007/2008 (P6201) Economic Theory (6201V004) Economics P Czech Ostrava Choice-compulsory study plan
2006/2007 (P6201) Economic Theory (6201V004) Economics K Czech Ostrava Choice-compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner