- Linear and nonlinear time series analysis of real estate markets, financial markets and their interactions with the overall economy.
- Real estate cycles
- Financial cycles
- Business cycles
- Asset price bubbles and financial crisis
- Valuation of real and financial assets
- Economic growth
- Monetary and fiscal policy
- Financial regulations of real estate and financial markets
- Macroeconomic forecasting
FAI3007 Economics of Real Estate and Financial Cycles 7.5 credits
Information per course offering
Course offerings are missing for current or upcoming semesters.
Course syllabus as PDF
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Course syllabus FAI3007 (Spring 2019–)Content and learning outcomes
Course contents
Intended learning outcomes
This course aims at providing students with theoretical and empirical tools to study the interaction between real estate cycles, financial cycles and business cycles. After completing this course, students should have good knowledge about the causes of fluctuations in housing markets, commercial real estate markets, financial markets and the overall macroeconomy. Furthermore, the student will also be able to analyze possible policy actions that can affect the occurrence of large fluctuations in real estate markets. Troughout this course students will obtain knowledge about statistical methods for analysing some commonly applied multivariate linear and nonlinear time series econometric methods.
Literature and preparations
Specific prerequisites
Be a PhD student or with equivalent knowledge.
Recommended prerequisites
Equipment
Literature
Notified at the start of the course
Examination and completion
If the course is discontinued, students may request to be examined during the following two academic years.
Grading scale
Examination
- INL1 - Home work, 5.0 credits, grading scale: P, F
- SEM1 - Seminars, 2.5 credits, grading scale: P, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
Opportunity to complete the requirements via supplementary examination
Opportunity to raise an approved grade via renewed examination
Examiner
Ethical approach
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.