Extracurricular Professorship of Real Estate Econometrics
Prof. Zietz teaches two courses in the ‘Master in Real Estate’ program, one of which is in the module ‘Real Estate Economics’, the other in the module ‘Real Estate Risk Management & Statistics’.
The course ‘Real Estate Economics: Tools and Topics’ is a practical introduction to some key methods of quantitative analysis based on the free-of-charge programs GRETL (regression) und QGIS (geographical information system). These allow a better understanding and own, independent analysis of issues related to valuation, forecasting and the impact of public policy in real estate.
The course ‘Advanced Research Methods’ extends and deepens the basic knowledge of participants in the area of real estate forecasting, also with the help of user-friendly methods on the basis of artificial intelligence (packages of the statistical program R). The course also intends to provide an understanding of the foundations and practical problems of causal analysis. A sound understanding of these issues is relevant not only for public policy analysis but also for private-sector decision making.