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Explore the economic issues and challenges facing individuals and firms and understand how resources are allocated in a mixed economy and a command economy

Order Description

Learning Outcomes tested
(from module syllabus) Assessment Criteria To achieve each outcome a student must demonstrate the ability to:

 Explore the economic issues and challenges facing individuals and firms and understand how resources are allocated in a mixed economy and a command economy

 Explore market inefficiencies, social costs and benefits and gain a strong foundation for a practical problem-solving approach by using the technique of economic analysis
• Work as an individual to research, write and structure a report that looks at their findings in regards to housing market in London
• This report will look at the trends in the house prices in the last 5 years and the factors that have influenced prices in London.
• In a separate section students will also look at the role of government and their interventions in this market.
• Deploy analytical frameworks systematically and consistently.
• Synthesise theoretical material with practical and actual trends in the market to generate proper discussions and critique.

TASK DESCRIPTION

Individual Assignment

TASKS

You are required to write a report looking at the following requirements:

Part a) 70% of the total
Examine the factors that determine the price of houses in the last 5 years in London.

Part b) 30% of the total
Critically discuss how and to what extent government policies can affect house prices.

You are required to research and write a report analysing and summarizing your findings.

Please use the demande and supply in all of the essay to explain how demand and supply affect the housing prices , and is it possible to put ceilling price for that or not , with all the graphic of demande and supply for example below every graphic explanation of the housing prices in london to graphic
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