ECON 391 Spring 2013 Economic Analysis of Housing Markets (W)

Housing is one of the most basic of human needs and the housing market is one of the largest, most important and most heavily regulated markets in national economies around the world. At various times economists, policy makers and the general public have regarded the housing market as irrational and malfunctioning in a variety of ways. Why? In this tutorial we will explore and analyze the workings of the housing market. In what ways do housing markets differ from other markets? Why (and how often) do house price "bubbles" occur? How do mortgage markets function and influence housing markets in countries around the world? In what ways can housing and housing conditions serve as an indicator of quality of life? How do housing markets affect the sustainability of cities? These and other questions will be the focus of reading and discussion for the course.
Class Format: tutorial
Requirements/Evaluation: each student will write a paper every other week, and comment on his/her partner's work in the other weeks
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Prerequisites: Economics 251 and 255 or permission of the instructor
Enrollment Preference: Economics majors
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Divisional Attributes: Division II,Writing Intensive
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Enrollment Limit: 10
Expected Enrollment: 10
Class Number: 3442
ECON391-T1(S) TUT Econ Analysis of Housing Mkt (W) Division 2: Social StudiesWriting Intensive Stephen C. Sheppard
TBA 3442
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