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Economics and Property 4th edition [Hardback]

(University of Bath, UK)
  • Formāts: Hardback, 204 pages, height x width: 246x189 mm, weight: 600 g
  • Izdošanas datums: 13-Dec-2018
  • Izdevniecība: Routledge
  • ISBN-10: 1138359971
  • ISBN-13: 9781138359970
Citas grāmatas par šo tēmu:
  • Hardback
  • Cena: 171,76 €
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  • Bibliotēkām
  • Formāts: Hardback, 204 pages, height x width: 246x189 mm, weight: 600 g
  • Izdošanas datums: 13-Dec-2018
  • Izdevniecība: Routledge
  • ISBN-10: 1138359971
  • ISBN-13: 9781138359970
Citas grāmatas par šo tēmu:
Economics and Property provides a clear and easy-to-read introduction to any property economics module in a degree leading to a profession in real estate, surveying, construction and related courses in the built environment. It focuses on the core principles to provide the economic background necessary to gain a thorough understanding of commercial and residential sectors and the related markets for development, construction and occupation of property.

The fourth edition has been comprehensively updated to cover the concepts and methodological approach that property economists require to succeed in the twenty-first century. The text is characterised by an emphasis on understanding commercial and residential property markets, addressing current issues such as housing crises, modern methods of construction and the performance of green buildings. The text focuses on introducing:

core economic principles

the role and nature of government intervention

an understanding of the economic indicators used to assess property markets

ways to achieve the development of sustainable property.

Key features include:

a clear, direct and user-friendly style

clear aims and objectives for each chapter

summaries at the end of each section

margin notes highlighting definitions, useful websites and background information

a glossary of terms commonly used in property economics

extensive use of full colour tables and figures

a set of case studies and tutorial readings focusing on the housing market

references to further reading.
Preface
Chapter 1 An introduction to economics
1(16)
Scarcity
5(3)
Opportunity cost
8(1)
Investment
8(1)
Methodology
9(2)
The built environment
11(3)
Sources of data
14(3)
Chapter 2 Economic systems of resource allocation
17(22)
The free market model
18(1)
The centrally planned model
19(2)
The mixed economy
21(3)
Equity and efficiency
24(2)
The market mechanism
26(2)
The Marshallian cross
28(2)
The concept of equilibrium
30(3)
Market failure
33(1)
Tutorial 1 What is affordable housing?
34(5)
Chapter 3 The theory of demand
39(12)
The basic law of demand
40(1)
Demand for housing
40(3)
Demand for commercial property
43(2)
Demand for public sector property
45(1)
Changing market conditions
46(2)
Understanding changes in demand
48(3)
Chapter 4 The theory of supply
51(16)
Costs and price
52(1)
The basic law of supply
52(3)
Supply in the property industry
55(1)
Supply and the price determinant
56(1)
Supply and non-price determinants
57(3)
Understanding changes in supply
60(1)
Combining supply and demand
61(2)
Tutorial 2 The supply of housing in the UK
63(4)
Chapter 5 Development, construction, and occupation
67(12)
Development
68(2)
Construction
70(5)
Occupation
75(4)
Chapter 6 Government intervention
79(24)
Market failure
80(4)
Correcting market failure
84(9)
Is government correction effective?
93(5)
Government failure
98(2)
Tutorial 3 The broken housing market
100(3)
Chapter 7 Managing the macroeconomy
103(14)
Business fluctuations
103(2)
Five macroeconomic objectives
105(3)
Government policy instruments
108(7)
Managing the property sector
115(2)
Chapter 8 Measuring the macroeconomy
117(30)
Measuring economic growth
118(4)
Measuring inflation
122(5)
Measuring unemployment
127(4)
Measuring international trade
131(1)
Measuring environmental impacts
132(4)
Measuring business fluctuations
136(4)
Forecasting the economy
140(3)
Tutorial 4 Homelessness and inequality
143(4)
Chapter 9 Sustainable development
147(24)
The sustainable development agenda
148(5)
Sustainable property
153(6)
The role of government
159(3)
Fragmentation
162(2)
Concluding remarks
164(3)
Tutorial 5 The land market
167(4)
Glossary 171(12)
Further reading 183(2)
Outline answers (to tutorial questions) 185(4)
Index 189
Danny Myers is an experienced author based on the experience of research and lecturing at the University of Bath and UWE in Bristol. He is currently an associate tutor at the University College of Estate Management.