MARKETS AT WORK

This module provides you with an opportunity to use the knowledge gained in modules 1 and 2 to a specific market. You will able to apply both microeconomic and macroeconomic concepts, theories and models to the  housing market. Click on a hyperlink to go to the lesson notes for the module

• The structure of the housing market in the UK

• The Importance of housing in the UK

• The supply of housing

• The demand for housing

• Market prices for houses

• Explanations for regional differences in house prices

• The interrelationship between housing and other markets

• Government economic policy and the housing market

• Market failure and the housing market

• Government intervention to ease the problem of market failure

Back