Private rental housing market in United Kingdom

Only Tutors with good knowledge in Economics and strong knowledge about UK Housing market. Thank you.

Use ONLY the following sources of information.
• Business Economics, by Gillespie Andrew,2nd edition
• Economics (on line)- Pettinger.
• AC/DC Economics- Mr Clifford
• Investopedia
All of the above sources need to be used in the work.
Any sources used outside of the above will not be accepted.
You must include a range of Supply and Demand diagrams to show relevant shifts, equilibriums, and effects on price and quantity

 You must use the Harvard referencing system.
 You must number all pages.
 Word Limit: 2500 not including annexes, table of content and references

ASSESSMENT TASKS

Use ONLY the following sources of information.
• Business Economics, by Gillespie Andrew,2nd edition
• Economics (on line)- Pettinger.
• AC/DC Economics- Mr Clifford
• Investopedia
All of the above sources need to be used in the work.
Any sources used outside of the above will not be accepted.
You must include a range of Supply and Demand diagrams to show relevant shifts, equilibriums, and effects on price and quantity

 Supply and demand analysis allows us to investigate and understand the operation of markets, or sometimes the failure of markets.
 Task 1
Using supply and demand analysis identify the main factors in determining the price of private rental housing in the UK. Support your analysis with the use of supply and demand graphs.
 Task 2
Identify and explain the main governmental/economic policies that could be used to influence the demand for private rental housing in the UK.
 Referencing and effective communication is very important.

Use ONLY the following sources of information.
• Business Economics, by Gillespie Andrew,2nd edition
• Economics (on line)- Pettinger.
• AC/DC Economics- Mr Clifford
• Investopedia
All of the above sources need to be used in the work.
Any sources used outside of the above will not be accepted.
You must include a range of Supply and Demand diagrams to show relevant shifts, equilibriums, and effects on price and quantity

 Task one assessment criteria:
Knowledge and Understanding of the language of economics.
Knowledge and Understanding of the basic methodology and models used in this area and their application to real- world situations.

 Points to consider:
A range of factors need to be clearly identified. These could include-
Regional / local demand factors
Population.
Interest rates
Taxation ,
House building,
The income effect,
Price caps/ subsidises/ intervention

 Complementary / substitutes
Diagrams must be included.
Demand to right / left and the effect on private house prices.
Supply to right / left and the effect on private house prices.

 Task two assessment criteria:
Knowledge and Understanding of the basic methodology and models used in this area and their application to real- world situations.
Intellectual, practical effective and transferable skills. Achieved through the ability to analyse hypothetical and/or real world situations that occur in economics.

 Points to consider:
The main economic policies. These could include Interest rates
Taxation ,
Tenants/ landlord rights
Government policy

Use ONLY the following sources of information.
• Business Economics, by Gillespie Andrew,2nd edition
• Economics (on line)- Pettinger.
• AC/DC Economics- Mr Clifford
• Investopedia
All of the above sources need to be used in the work.
Any sources used outside of the above will not be accepted.
You must include a range of Supply and Demand diagrams to show relevant shifts, equilibriums, and effects on price and quantity