SRJC Course Outlines

12/9/2018 3:47:04 PMRE 56 Course Outline as of Fall 2019

Changed Course
CATALOG INFORMATION

Discipline and Nbr:  RE 56Title:  REAL ESTATE ECONOMICS  
Full Title:  Real Estate Economics
Last Reviewed:5/14/2018

UnitsCourse Hours per Week Nbr of WeeksCourse Hours Total
Maximum3.00Lecture Scheduled3.0017.5 max.Lecture Scheduled52.50
Minimum3.00Lab Scheduled06 min.Lab Scheduled0
 Contact DHR0 Contact DHR0
 Contact Total3.00 Contact Total52.50
 
 Non-contact DHR0 Non-contact DHR Total0

 Total Out of Class Hours:  105.00Total Student Learning Hours: 157.50 

Title 5 Category:  AA Degree Applicable
Grading:  Grade Only
Repeatability:  00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As: 
Formerly:  RE 80G

Catalog Description:
Untitled document
Trends and factors which affect the value of real estate; the nature and classification of land economics; the development of property, construction and subdivision; economic values and real estate evaluation; real estate cycles, business fluctuations, residential market trends, and special purpose property trends. Applies toward State's educational requirements for the California Real Estate Broker's examination and educational elective for the salesperson license.

Prerequisites/Corequisites:


Recommended Preparation:
Eligibility for ENGL 100 or ESL 100

Limits on Enrollment:

Schedule of Classes Information
Description: Untitled document
Trends and factors which affect the value of real estate; the nature and classification of land economics; the development of property, construction and subdivision; economic values and real estate evaluation; real estate cycles, business fluctuations, residential market trends, and special purpose property trends. Applies toward State's educational requirements for the California Real Estate Broker's examination and educational elective for the salesperson license.
(Grade Only)

Prerequisites:
Recommended:Eligibility for ENGL 100 or ESL 100
Limits on Enrollment:
Transfer Credit:CSU;
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP

ARTICULATION, MAJOR, and CERTIFICATION INFORMATION

Associate Degree:Effective:Inactive:
 Area:
 
CSU GE:Transfer Area Effective:Inactive:
 
IGETC:Transfer Area Effective:Inactive:
 
CSU Transfer:TransferableEffective:Fall 1981Inactive:
 
UC Transfer:Effective:Inactive:
 
C-ID:

Certificate/Major Applicable: Both Certificate and Major Applicable



COURSE CONTENT

Student Learning Outcomes:
Untitled document
Students will be able to:
1. Evaluate and hypothesize government action on the value of real property.
2. Break down and categorize real estate markets.
3. Distinguish and group real estate investment.
4. Satisfy the California Department of Real Estate elective education requirement for
    salespersons and brokers license.

Objectives: Untitled document
Upon completion of this course the student will to be able to:
1. Analyze actions by the Federal Reserve System and their impact on real estate activity.
2. Examine principles of supply and demand in the real estate market.
3. Inspect reasons for city locations and growth patterns.
4. Classify and distinguish neighborhoods, neighborhood boundaries, and how they change.
5. Compare and contrast housing markets and show examples of demand, supply, and
    government housing problems.
6. Analyze commercial and industrial markets and show examples of economic characteristics.
7. Assess and summarize the principles of real estate taxation.
8. Examine tax aspects of real estate investments.

Topics and Scope
Untitled document
I.   Economic Principles of Capitalism
II.  Government's Role in the Economy: Measuring Economic Performance
III. Money, Credit, and Real Estate
    A. Money supply
    B. Federal Reserve System
IV. Economic Features of Real Estate Markets
V. Understanding Real Estate Markets
    A. Regional and community analysis
    B. Community growth patterns
    C. Neighborhoods
    D. Housing markets
    E. Commercial and industrial markets
    F. Rural and recreational real estate markets
VI. Influences on Real Estate Development
    A. Principles of taxation
    B. Land use controls
    C. Real estate development
         1. construction
         2. subdivision
  D. Required government reports
VII. Real Estate Investment
    A. Real estate investment principles
    B. Income tax aspects of investment real estate

Assignments:
Untitled document
1. Written analysis of economic influences of a community; minimum of 5 pages
2. Research paper on specific economic principle or theory as assigned; minimum of 5 pages
3. Weekly reading of 20-40 pages
4. Chapter quizzes
5. Midterm and Final exam

Methods of Evaluation/Basis of Grade.
Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing.Writing
25 - 45%
Research paper and written analysis
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.Problem Solving
0 - 5%
Class performance
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams.Skill Demonstrations
0 - 0%
None
Exams: All forms of formal testing, other than skill performance exams.Exams
50 - 60%
Chapter quizzes, midterm and final exam to include multiple choice, true/false, and essay items
Other: Includes any assessment tools that do not logically fit into the above categories.Other Category
5 - 10%
Attendance and participation


Representative Textbooks:
Untitled document
Real Estate Economic. 6th ed. Huber, Walt and Messick, Levin and Pivar, William. Educational Textbook Company. 2016

Print PDF