Course Description: The economic, social, and institutional factors affecting land values.
Descriptive Information:
This is a core course under the Estate Planning field of specialization, which students are required to take under the mentioned academic track. The course highlights the importance of land as an economic resource. It also deals with the economic, social, and institutional factors affecting land values and how these factors influence the decision to utilize land.
The course also provides the students with useful tools for estimating land values given the different factors affecting them, including economic, social, and institutional. Further, it will introduce the students to the different approaches of estimating land values based on existing local as well as international valuation standards and, enable the students to apply the valuation methods to estate planning and development.
a. Understand the basic concepts, principles, and scope of land economics.
b. Evaluate the different dimensions of land economics and determine their relationship with the pattern of land values.
c. Understand the different factors affecting land values.
d. Apply the methods and tools of land valuation in real estate planning and development.
e. Analyze the components and process of land investment decision-making.
- Teacher: Dina Magnaye
- Teacher: Jose Edgardo Jr. Gomez