Competencies and objectives


Course context for academic year 2014-15

La asignatura pretende introducir los mecanismos económicos que explican el funcionamiento del mercado de la vivienda y del mercado inmobiliario en general. La asignatura desarrolla los fundamentos económicos que explican el funcionamiento de los mercados inmobiliarios en su entorno económico, los aspectos fundamentales de otros sectores que afectan a su evolución, y la estructura económica y fórmulas de organización. Todo ello se diseña en un orden que permite abordar el análisis del sector residencial e inmobiliario en España, y la importancia de los distintos subsectores.



Course content (verified by ANECA in official undergraduate and Master’s degrees)

General Competences (CG)

  • G6 : Suitable understanding of the concept of the company, its institutional framework, organisational models, planning, control and strategic decision making in settings of certainty, risk and uncertainty, production systems, costs, planning, sources of finance and drafting financial plans and budgets.
  • G7 : Capacity to organise small companies and participate as a member of multidisciplinary teams in large companies.
  • G8 : Basic knowledge of the legal framework of Public Administrations and the procedures for public and private procurement.


Specific Competences (CE)

  • E23 : Capacity to prepare and calculate basic, auxiliary, unit and breakdown costs of units of work; analyse and monitor costs during building, draft budgets.
  • E24 : Ability to develop market surveys and valuations, real estate feasibility studies, surveys and financial evaluation of hazards and damage in building.
  • E25 : Capacity to analyse and carry out building evacuation projects
  • E26 : Understand the regulatory framework of town planning and its management.
  • E31 : Understand the functions and responsibilities of the agents intervening in building and their professional or business organisation. Administrative, management and processing procedures.
  • E32 : Understand the professional organisation and basic procedures for building and development.
  • E38 : Conocer la estructura de distribución de los bienes inmobiliarios y la organización de sus mercados. Medir la relevancia de los determinantes fundamentales de la construcción de bienes inmobiliarios no residenciales y sus implicaciones para la empresa promotora. Interactuar con los mercados hipotecarios con los planes de financiación de las promociones Calcular el rendimiento de la empresa de edificación y tomar decisiones de gasto e inversión en construcción Calcular el precio del suelo
  • E40 : Interpret market signals and changes in land regulation and other standards relating to the supply and demand of non-residential real estate assets. Recognise the importance of overall economic evolution and its interrelationship with the real estate market.


General Transversal Competences

  • G11 : Skills in a foreign language.
  • G12 : Computer and information skills.
  • G13 : Oral and written communication skills.




Learning outcomes (Training objectives)

SPECIFIC COMPETENCE E36: Take decisions on location, investment and building. Manage the production portfolio of the building company. Understand and manage the land market. Coordinate the promotion process, managing resources, subcontracting and investment. Ability to prepare real estate projects in different economic scenarios. Ability to recognise the behaviour and evolution of the housing market to carry out investment projects. Ability to carry out real estate valuations with financial aims as per Order Eco/805/2003. Ability to manage real estate companies involved in promotion and sales. Ability to use the body of knowledge and basic tools of the economy, including the role of certain key indicators such as inflation, economic growth and unemployment to solve problems related with housing markets. Develop arguments for preparing projects in different economic scenarios. This competence is only linked to the optional matter Real Estate Management.



Specific objectives stated by the academic staff for academic year 2014-15

No data





Code: 16035
Lecturer responsible:
Credits ECTS: 6,00
Theoretical credits: 0,00
Practical credits: 2,40
Distance-base hours: 3,60

Departments involved

    Theoretical credits: 0
    Practical credits: 2,4
    This Dept. is responsible for the course.
    This Dept. is responsible for the final mark record.

Study programmes where this course is taught