--%>
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 : Explain the following from Hull Explain

    Explain the following from Hull, England a news dispatch: “The fish market here slumped today to what local commentators called a ‘disastrous level’—all because of a shortage of potatoes”.

    		•
  • Q : History of King Louis world of commerce

    Early in the 18th century, a leading industrialist responded to an advisor of King Louis IV of France, who asked how the crown could most excellent facilitate the world of commerce, along with “Laissez nous faire,” that im

    		•
  • Q : Utility with food coupons Question: In

    Question: In Vancouver the Salvation Army encourages people to make food voucher donations to panhandlers instead of simply giving them cash. You can buy a food voucher for $5 and give it to a panhandler who can use it to purchase food. The Sa

    		•
  • Q : Changing rates of Appreciation and

    Elucidate the changing rates of Appreciation and Depreciation?

    		•
  • Q : Define Benefit Cost Ratio or

    Briefly describe the term Benefit Cost Ratio (or B/C Ratio) or Profitability Index (or PI)?

    		•
  • Q : Allocating resources and distribute

    The market system tends to mainly beneficial allocating resources and distributes goods while: (1) the distributions of wealth and resource ownership are extensively perceived as equitable. (2) markets are extremely competitive. (3) goods are rival an

    		•
  • Q : Distribution of income and wealth in a

    Of the given options, the economist whose theories pivoted least upon the distribution of income and wealth (class conflict) in a capitalist system would have been: (1) Adam Smith. (2) David Ricardo. (3) Karl Marx. (4

    		•
  • Q : Nation’s production possibilities curve

    Suppose that, based on a nation’s production possibilities curve, for 10,000 pizzas domestically an economy must sacrifice to get the one additional industrial robot it desires, but can get that robot from another country in exchange for 9,000 pizzas. To the fol

    		•
  • Q : How will the goods and services be

    How will the goods and services be produced?

    		•
  • Q : Comparative Advantage of free trade

    According to the advocates of free trade and World Trade Organization, each and every country potentially advantages from trade liberalization and the lowering of tariffs since each and every country: (1) Has a comparative benefit in something. (2) Ga

    		•