Real Estate Economics or Finance

Day -8:
Conversation with my cousin in New York:
B: Guess what? I finally signed up for courses to get a real estate license!
Sasha: Baruch Hashem! What are you taking?
B: Two intro courses: Real Estate Fundamentals and Real Estate Practice this month. They’re both online through my community college.
S: Beautiful.
B: I was wondering if you could give some advice about what to take as my elective.
S: No problem.
B: Well I have three options, actually four, but I’m leaning away from the Real Estate Law one. There’s real estate appraisal I, which is cool because it could mean I could make a little side money sooner and it’d be useful in evaluating properties. There’s also Real Estate Economics and Real Estate Finance.
S: You don’t need a course in appraisal. It’s fast and easy, I could tell you the stuff in a day. Leave it for your mom’s office. What’s the difference between the Economics and Financing ones?
B: I think the Economics looks at different investments and how to evaluate them and discusses why prices change. The Finance one looks at different investments and how to get funding for them. Something like that.
S: Do you have the descriptions on you?
B: Yeah, one sec.

Here’s the economics course:
This course covers the advantages and disadvantages of various types of Real Estate Investments and the causes and effects of value fluctuation. This course applies toward the educational requirements of the state real estate sales—persons and brokers license exam. It also analyzes various real estate investments.

Here’s the finance course:
This course analyzes various topics about real estate financing, including financing for residential and commercial properties, and development opportunities. This course summarizes information required for the State of California real estate license examinations. This course also applies toward the educational requirements for a California Real Estate Broker’s license, and can also be applied as an elective for the Real Estate Salesperson’s license requirements.

S: It sounds like the finance course offers everything the economics course offers plus it teaches you a bit about the money behind it. I’d say take that one.
B: Thanks.