--%>
Assignment Help - homework help

The Economics Of Property And Construction

There are THREE questions in this assignment.

The overall word length for this assignment should be in the range of 2,000-2,500 words. You may incur a penalty if you exceed the upper value. You must state the total number of words used at the end of your assignment; however, the content of appendices and references/bibliographies may be excluded from your word count.

You must acknowledge in your assignment the sources of information that you have included using the Harvard system of referencing. Please refer to CEM's guide on the VLE under 'Study Skills'.

Please note: Your assignment may be checked using anti-plagiarism software.

Use diagrams where appropriate.

QUESTION 1

'In analysing the market for property space the important feature about demand is that it is derived and the important feature about supply is that it is inelastic.'

Critically discuss this statement with reference to theoretical insights into the demand and supply of office space.

QUESTION 2

Explain how innovation and mechanisation in the construction sector of your economy could influence productivity.

QUESTION 3

Explain, with examples, how urban planning policies can reduce the adverse effects of the following property market inefficiencies:

a)      seller power

b)      imperfect information

c)       external benefits.

Submission of assignments Online

  • You may submit your assignment online. Please refer to the online guidance notes for up-to-date submission information.
  • You will need to be familiar with these guidance notes prior to the submission deadline. Please note that it is your responsibility to ensure that your assignment is successfully received on time.

By post

  • You may submit your assignment by post at any time up to and including the due date. Please complete a coursework submission form and staple it to your assignment.
  • You must retain proof of postage until after you have received the marked assignment.

   Related Questions in Business Economics

  • Q : Wealth of Nations academic

    By the perspective of nowadays academic standards, Adam Smith must have more evidently acknowledged that several the analyses and insights for that he took credit within his Wealth of Nations had really been gleaned from the writings

    		•
  • Q : Assertion to increase in the minimum

    Use the circular flow model to confirm this assertion for a $1 per hour increase in the minimum wage?

    		•
  • Q : Prices are the automatic regulator

    “Prices are the automatic regulator that tends to keep production and consumption in line with each other.”  Explain.

    		•
  • Q : Local expenditures and receipts for all

    Elucidate the Local expenditures and receipts for all local governmental units in 1996?

    		•
  • Q : Help How is a shift in demand reflected

    How is a shift in demand reflected in a demand equation? How is a shift in supply reflected in a supply equation? How is a movement along a demand (supply) curve reflected in a demand (supply) equation?

    		•
  • Q : Determine the productively efficiency

    To be productively efficient, a country should: (w) maximize the satisfaction attainable from its budget. (x) be concerned only with macroeconomic analysis. (y) concentrate on removing scarcity. (z) maximize the value of output produced through specif

    		•
  • Q : Who define economics as a subset of

    Economists who viewed economics like a subset of jurisprudence combined: (1) John Stuart Mill. (2) Alfred Marshall. (3) Karl Marx. (4) William Stanley Jevons. (5) Adam Smith. Hey friends please give your opinion fo

    		•
  • Q : Marginal rate of substitution Problem:

    Problem: Luke likes to consumer CDs (good1) and pizzas (good 2). His preference over both goods is given by the utility function U(x1; x2) = x21

  • Q : Illustrate the supply curve and also

    Illustrate the supply curve and also determinants of supply?

    		•
  • Q : Define cyclical fluctuations Define

    Define cyclical fluctuations?

    		•