Course Outline

BUSI 100 - Micro Foundations of Real Estate Economics

LESSON NO. 1 - Introduction to Economics
LESSON NO. 2 - The Market Forces of Supply and Demand
LESSON NO. 3 - Elasticity and Its Application
LESSON NO. 4 - The Theory of Consumer Choice
LESSON NO. 5 - The Cost of Production: Supply
LESSON NO. 6 - Consumers, Producers, and the Efficiency of Markets
LESSON NO. 7 - Firms in Competitive Markets
LESSON NO. 8 - Monopoly
LESSON NO. 9 - Government Intervention
LESSON NO. 10 - Cost of Taxation
LESSON NO. 11 - Externalities

Course Structure

Weekly multiple choice assignments: 15% of final grade.

Project 1: Questions on lessons 1-5: 15% of final grade.

This project requires the student to apply the course concepts towards several questions and short
practical case study scenarios.

Project 2: Questions on lessons 6-11: 20% of final grade.

This project requires the student to apply the course concepts towards several questions and short
practical case study scenarios.

Final exam: Multiple choice and short-answer written questions: 50% of final grade.

Additional Resources

Textbook sold separately:

Can be purchased directly from the Real Estate Division's Online Bookstore.

Read Frequently Asked Questions (FAQs) about BUSI 100.