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B. A. (Hons) in Accounting, University of Hertfordshire B. A. (Hons) in Finance, University of Hertfordshire B. A. (Hons) in Marketing, University of Hertfordshire ECO 205 & ECO240 INTRODUCTION TO MICROECONOMICS ASSIGNMENT August 2011 Session This assignment covers 30% of the course Evaluation Malaysia Housing Market The housing market is like any other market – it consists of buyers and sellers who come together to agree a price for a transaction. In some respects that is where the similarity ends.
Houses come in all shapes and sizes and represent the biggest single purchase most people will make in their lifetime. It is also the place where we live and raise families and also has to be somewhere convenient for work, school, and college and so on. As a result it is something to which we have a considerable emotional and physical attachment. This can mean that the normal factors that influence supply and demand take on different degrees of significance. For example, houses are not very mobile things and so the supply of them tends to be affected in a different way than some other types of product. Your Task You should produce a report of between 1500 and 2000 words that outlines the following: ? ? ? The key factors influencing the housing market ( demand factors and supply factors) in Malaysia The main trends in the housing market in the last 5 years An evaluation of future trends in the housing market in Malaysia. Reminders and requirements Please take note of the following: 1. This assignment is an Individual work. The assignment needs to be submitted not later than 31 October 2011.
Assignments with late submissions will have marks deducted. 2. The assignment needs to be word-processed using Times New Roman, font size 12. Use double line spacing. 3. Please hand up the assignment with a cover page. 4. Diagrams/graphs/curves need to be shown and they will be awarded marks. 5. Quotations and citations need to be shown to strengthen your explanation. 6. Plagiarism will be penalized. If students plagiarize, no marks will be awarded. 7. Provide a list of references. Go to check out the referencing system. 2