PRMD20022: Real Estate Economics Assessment Answers Australia

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Real estate economicsrefers to the application of economic methodologies toreal estate markets. The course involves the description, explanation, and prediction patterns of supply, demand, and prices. Students enrolled in the course have to researchthe trends of real estatefocusing on the structural and business changes impacting the industries.Students enrolled in this course must possess a thorough understanding of economic factors influencing real estate markets to solve the allotted assessments. However, they lack sufficient knowledge and look for guidance with PRMD20022: Real Estate Economics Assessment Answers from experts.

The real estate sector is considered to be an essential share of the economy. Students will get an economic perspective on the markets or policy in correlation with the real estate field. The students in this course will learn the theories of housing markets and urban land, spatial establishment of cities, economic development, inter-regional competition, and migration of capital and labour.

Students must have a stronghold on the international and historical context of economic policy issues, including roles played by local governments and transportation systems in shaping the patterns of urban location, and the impacts of macroeconomic policy concerning the interrelationship between business cycles and property.

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List of Universities Offering Real Estate Economics Course

• University of Technology, Sydney
• Queensland University of Technology
• University of New South Wales
• University of South Australia
• University of New Castle
• Deakin University
• Curtin University
• Griffith University
• University of Queensland

The aforementioned universities in Australia are renowned for their quality of teaching and research and theyoffer distinct inter-related degree courses.

Course Curriculum

Students will study the following topics while pursuing the real estate economics course:

• Review of economic concepts
• Changes in real estate markets
• Micro or macro-economic analysis
• Residential land markets
• Residential development
• Industrial location: historical development, transportation, and tax or public policy effects
• Office location: office market and theories of multiple cities
• Retail development
• Local government and land markets
• Regulating development
• Macro analysis of housing
• Macro analysis of the non-residential property
• Time series analysis of real estate markets
• Regional growth
• Models analysing metropolitan growth

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Learning Outcomes of the Course

After completing the course successfully, students will become capable in:

• Explaining the standard economic models assumptions and their applications concerning public policy issues and property markets.
• Using empirical and analytical tools for interpreting and analysing impacts of changes in supply or demand factors and public policy over real estate markets.
• Constructing written work that is professionally and logically presented, and succinctly communicating ideas.
• Identifying and assessing environmental and sustainable considerations concerning economic issues in real estate.
• Using statistical skills for presenting data concerning the property cycles and real estate markets.
• Identifying and assessing socio-cultural considerations in terms of economic issues in real estate.

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Career Opportunities

Real Estate economics graduates find employment in various government or private sectors. The potential job roles are stated below:

• Property valuer
• Funds manager
• Property and asset manager
• Corporate real estate adviser
• Property sales and acquisitions
• Property market analyst
• Property developer

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Our Experts Discuss the Approach to Derive Assignment Solution on PRMD20022: Real Estate Economics

Our highly experienced tutors possess immense knowledge and are property analysts, managers or developers linked with reputed organisations. Thus, they hold a firm grip on the subject. They encourage students to follow the below-mentioned approach to draft a perfect assessment solution:

• Check the type of assignment (essay, reports, article, case studies, thesis, literature review, etc) and formulate the solution accordingly.
• Note down the desired referencing style (APA, MLA, Chicago, etc).
• Look for the required formatting style before commencing the assignment solution.
• Carefully note down the overview of the assignment and then prepare a draft after conducting in-depth research by considering the latest and authentic sources.
• Write the assignment solution by strictly following the marking rubrics provided by the university.
• Incorporate their problem solving, critical thinking skills or applied research skills along with knowledge of property market research, analysis, property accounting, financial management, urban economics, policy analysis to solve assignments like reports, essays, case studies, problem-solving scenarios, research projects, and other assessments.
• Collect, utilise and store data/information to support the decision-making process.
• Provide a comprehensive and efficient description of the desired concepts.
• Include all necessary elements, and methodologies desired in the assignment.
• After completion of the assignment solution written in a perfect layout format with proper citation of references, read the file at least twice or thrice to rectify any error.

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