Economics and Demographics (For Real Estate Agents)

Real Estate Continuing Education Course

Course Description

The authors of this course find economics and demographics intriguing, but the subjects are often derided as the dismal sciences. Efforts have been made to put technical information in the appendices and to explain the subject areas using examples and graphics. The overall intent of this course is to serve as an introduction to the fields of economics and demographics. Although the quizzes and exams will be limited to the core concepts of the course, we implore you to dig into the subject and if you are interested in the technical information, to read through the appendices or to ask the instructors a question.

A review of the learning objectives notes that the purpose of the economics section is to provide an elemental understanding of core economic concepts and their application in public and private market settings. It takes a broad approach to the subject and includes many important economic concepts, including the interaction of supply and demand, elasticity, public goods, and externalities. It also lays the groundwork for economic analysis, including economic base analysis and economic performance analysis. The intent of this section is not to leave the reader with the information to develop economic analysis, but rather to be able to read and understand economic analysis, particularly to assess whether or not the conclusions of a particular analysis are valid.

Course Learning Objectives

Upon the completion of the course, you will be able to:

  • Describe the basics of economics and demographics
  • Define the economic analysis methods
  • Apply economics
  • Describe the components of population change
  • Explain the demographic concepts
  • Elaborate on the population projections

The course contains numerous multiple choice exams, and interactive exercises, and is completed with a multiple choice final exam.

Approved States: CO