Skip to main content
Till KTH:s startsida

AI2106 Business Cycles in Construction and Real Estate Markets 7.5 credits

Information per course offering

Choose semester and course offering to see current information and more about the course, such as course syllabus, study period, and application information.

Termin

Information for Autumn 2025 Start 25 Aug 2025 programme students

Course location

KTH Campus

Duration
25 Aug 2025 - 24 Oct 2025
Periods
P1 (7.5 hp)
Pace of study

50%

Application code

50183

Form of study

Normal Daytime

Language of instruction

English

Course memo
Course memo is not published
Number of places

Places are not limited

Target group

Recommended for students in the master programme in Real Estate and Construction Management (TFOBM), year 2.

Open for all master programs as long as it can be included in your program

Planned modular schedule
[object Object]
Schedule
Schedule is not published

Contact

Examiner
No information inserted
Course coordinator
No information inserted
Teachers
No information inserted

Course syllabus as PDF

Please note: all information from the Course syllabus is available on this page in an accessible format.

Course syllabus AI2106 (Autumn 2024–)
Headings with content from the Course syllabus AI2106 (Autumn 2024–) are denoted with an asterisk ( )

Content and learning outcomes

Course contents

Basic macroeconomics: Economic growth, inflation, unemployment, interest rates, consumption, savings, investments, productivity, current account, exchange rates, indebtedness, business cycles, fiscal policy, monetary policy, financial stability.

Real estate cycles and financial cycles: fluctuations in construction, property prices and financial asset prices, financial stability and financial bubbles.

Intended learning outcomes

After passing the course, the student should be able to:

  • describe and explain different macroeconomic concepts
  • describe, apply and compare various theories of causes of fluctuations in different macro- economic variables, including fluctuations in asset prices, and how economic stabilization policies can affect and be affected by different types of macroeconomic fluctuations
  • describe and analyze relationships between financial cycles, real estate cycles and business cycles with empirical and theoretical models
  • give examples of how knowledge in macroeconomics, real estate cycles and financial cycles can be used to analyze and develop activities that can lead to sustainable economic, environmental and social development
  • produce and present investigations of economic fluctuations in order to give decision makers knowledge that can lead to more correct decision being made
  • explain how gender, diversity and inequality issues are related to the business cycles and how to consider a potential impact from the sectoral perspective

Literature and preparations

Specific prerequisites

 Knowledge in quantitative methods equivalent to the content in the course AI2152.

Literature

You can find information about course literature either in the course memo for the course offering or in the course room in Canvas.

Examination and completion

If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

A, B, C, D, E, FX, F

Examination

  • TENA - Examination, 4.5 credits, grading scale: A, B, C, D, E, FX, F
  • ÖVN2 - Exercise, 3.0 credits, grading scale: P, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Examiner

Ethical approach

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further information

Course room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.

Offered by

Main field of study

Built Environment

Education cycle

Second cycle