--%>
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 : 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 : Comparison between EVA and Ratio

    Comparison between EVA and Ratio Analysis: EVA helps in measuring the economic performance of the company. It is the profit earned by the firm less the cost of financing the firm’s capital. It shows that the shareholders gain when the return fro

    		•
  • Q : Perfect Competition leads to Allocative

    A perfectly competitive industry achieves allocative efficiency since: w) goods and services are produced at the lowest possible cost. x) services and goods are produced up to the point where the last unit gives a marginal benefit to consumers equivalent to the margin

    		•
  • Q : Why is speculation unlike arbitrage

    Speculation is unlike arbitrage since: (1) speculative buyers always break even. (2) speculation causes increased costs. (3) speculators bear no risk. (4) positive returns for speculators are not sure. (5) competitive speculation equa

    		•
  • Q : How do households dispose of their

    How do households dispose of their income?

    		•
  • Q : Distinction between Component cost and

    Describe briefly Distinction between the term Component cost and Composite cost?

    		•
  • Q : Example of simultaneous changes in both

    Elucidate an example of simultaneous changes in both supply and demand?

    		•
  • Q : Decreases in opportunity costs of

    The opportunity costs of production and consumption for most resources and goods tend to be decreased by: (w) private monopoly power. (x) price floors. (y) intense competition. (z) price ceilings. Hey friends pleas

    		•
  • Q : Illustrate Professional and personal

    Illustrate Professional and personal applications?

    		•
  • Q : Economic sense production methods

    Evaluate and explain the statements: “In the economic sense production methods are the most efficient methods, once resource prices are considered and are lesser in sense of engineering”.

    		•