020811300 PRINCIPLES OF REAL ESTATE ANALYSIS AND VALUATION ( 3 Crd.Hrs )

Pre-Requisites : 020811150

This course introduces basic concepts of the evaluation process such as price, cost, and value. It also discusses the market value, the nature of the valuation profession, the type of ownership and other related topics. Moreover, the course reviews the basic concepts of statistics, research methodology, and analysis tools with the help of software in the study of real estate, in addition to the principles of economics, the basics of economic structure, operations and analysis. Finally, the laws of supply and demand and market balance are discussed to provide a basic concept of the economy and its relationship to the real estate sector.