Real Estate Division

BUSI 100 - Micro Foundations of Real Estate Economics

Course Outline

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.

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