EC137 Economics Coursework
Based on Principles of Microeconomics (Lecturer: Lamnar Turley)
Instructions: To be posted by 4pm on Thursday, 18th of October for the Economics Section, 1st flooring of St Anthony's building (old portion of the CAIRNES Institution of Business and Economics building) for the Upper Newcastle Road (located on the right-hand side, beyond the Topaz garage and crossroads). Please ensure that your identity, student IDENTIFICATION, tutorial information (day, period, venue), level programme and tutor's name is obviously marked. Consider that the submission is stapled, entered (if by any means possible) and inserted in the large darkish cabinet (in your tutor's slot) opposite Room 207 on the first floor of St . Anthony's (Economics Department). Please keep a copy for your own records (and bring along towards the following week's tutorial)
NB: Grading marked on a zero (awful standard), 3 (poor standard), 6th (ok standard), 9 (good standard), doze (very great standard) and 15 (excellent standard) level.
A Case Study using require and supply examination
The Irish housing market during the Celtic Tiger years
Your economics task is to create an article within the Irish real estate (residential property) market during the years of the Celtic Gambling (that is, before the real estate collapse and the recession). Employing demand and supply analysis, write a short consideration of so what happened in the Irish housing market during the late 1990s/early 2000s, when average actual house rates trebled. On this page, identify the factors that influenced the need for and provide of housing. Explain so why prices improved and support your claims with property price data (see below). Many of the key terms required for the article are listed here, which includes both demand-side and supply-side factors my spouse and i. e. reasons behind changes in the with regard to housing plus the supply of enclosure. Note: The class discussion in tutorial 3 will give you several background materials and details which should be beneficial when writing...