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Construction and real estate economics
Bauwirtschaft
Last Updated: 2026-02-05 15:00:27
Abstract
Introduction to the economic analysis of construction and real estate markets and the development of the construction sector in a macroeconomic context.
Objective
Understanding of fundamental micro- and macroeconomic concepts and models. Ability to apply these concepts and models to current developments in construction and real estate markets.
Content
Microeconomic foundations (demand and supply, markets), discounting, capital and credit markets, housing markets, real estate markets, construction markets, market failures in real estate markets (externalities, public goods, information). Macroeconomic foundations (production, income, demand), construction investments, business cycles in the construction sector.
Resources
Lecture Notes
Course material in e-learning environmentwww.vwl.ethz.ch/bau
General Information
- Language
- German
- Frequency
- Yearly recurring
Examination
- Type
- graded semester performance
Course Components
| Type | Title | Time & Place | Hours |
|---|---|---|---|
| lecture with exercise | Bauwirtschaft |
|
2 h weekly |