$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

MAE101 Economic Principles

tag 1 Download5 Pages / 1,041 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Questions

1 – Article Analysis 

i. Read the following articles and write a summary of each article that highlights the main economic issue(s) being discussed.

“RBA governor Philip Lowe only sees one way to solve Australia's housing affordability problem” at https://www.businessinsider.com.au/lowe-housing-affordability-2017-4

“Sydney squeeze: Is rent control the answer to the housing affordability crisis?” at http://www.abc.net.au/news/2017-03-21/sydney-squeeze-affordable-housing-rent-controloptions/8370364

ii. Discuss three of the factors that have contributed to the unaffordability of housing in Australia and three (3) approaches that policy makers have put forth to address the issue of housing affordability.

iii. Using a demand and supply diagram for the housing or rental market in Australia, illustrate the effect of one of the factors that have contributed to the rise in housing or rental prices in Australia. Briefly explain your diagram and state which side of the market is being affected and
why and the effects to equilibrium price and quantity.
 
(Label your diagram fully and use realistic axes labels. Give your diagram a title. Note – you do not need to use actual data for this question).

2 – Rental Market Analysis

i. Using a demand and supply diagram for the market for rental properties, illustrate and explain the effect of a (binding) rent ceiling. (Label your diagram fully and use realistic axes labels. Give your diagram a title).

Your analysis should discuss the welfare effects on this market and the changes to quantity demand and supplied.

ii. List and briefly discuss 2 alternative mechanisms that may help to ration the rental stock when the free-market price is prevented from achieving a market-clearing equilibrium.

iii. Discuss how the quality of the rental stock may be affected by the implementation of a rent ceiling? 
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 5 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2021). Economic Principles. Retrieved from https://myassignmenthelp.com/free-samples/mae101-economic-principles/article-analysis.html.

My Assignment Help (2021) Economic Principles [Online]. Available from: https://myassignmenthelp.com/free-samples/mae101-economic-principles/article-analysis.html
[Accessed 16 September 2021].

My Assignment Help. 'Economic Principles' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/mae101-economic-principles/article-analysis.html> accessed 16 September 2021.

My Assignment Help. Economic Principles [Internet]. My Assignment Help. 2021 [cited 16 September 2021]. Available from: https://myassignmenthelp.com/free-samples/mae101-economic-principles/article-analysis.html.


Students are often on the lookout for a top-notch academic website that can relieve them of their academic concerns. We, at MyAssignmenthelp.com, have got everything covered for you. After completing an assignment successfully, students often search for reliable reword tools, online word count tools, etc. The inability to find a reliable one can lead them to be accused of the severe crime of plagiarism. Our word count tools, paraphrase tools, etc., helps you scan your document thoroughly, and get the desired results. Our essay editors also manually revise each content, check the word count, and edit all the glaring errors to maintain the flawlessness of your assignment remarkably. Get in touch with us today!

Latest Economics Samples

1393AFE Economics For Decision Making 1

Download : 0 | Pages : 7

Answers: 1. a. A PPC  (Rittenburg & Tregarthen) is bowed out due to increasing opportunity costs of producing a good. Consider X and Y. This means that to produce more of X we must reduce Y as our resources are fixed. We have to move from point A to B. To produce 1 more X, we have to pull out resources ( like labor ) from Y and put them into factories for X. We reduce Y as shown by red line as we move from A to B to get 1 more...

Read More arrow Tags: Australia Berkeley Management Production Management University of Queensland MBA 

BUS700 Economics

Download : 0 | Pages : 11

Answers: Introduction Australia is considered one of the wealthiest countries in the Asia Pacific region. For nearly twenty five years the country has experienced economic expansion. It has not experienced a recession within those periods despite the presence of the Great Recession in 2009. The country has however, experienced fiscal deficits which may have influenced the level of GDP, inflation and unemployment of the country. Globally, the ...

Read More arrow

HI5003 Economics For Business

Download : 0 | Pages : 5

Answer: Introduction Analysis of stable equilibrium is the focus of this paper. Stability is a state where deviation of that state brings back the state without intervention of any external force. The stability of an economy is implied by a stable state of income, price level, and employment condition and in its external sector. The autonomous operation of price mechanism maintains equilibrium in a single market. Both microeconomic and macroe...

Read More arrow

ECON 101 Economic Principles

Download : 0 | Pages : 3

Answers: 1.A business case essentially refers to the reasons behind the investing or initiating a certain project. The primary logic behind the creation of a business case is that the allocation of resources that are required in the particular project should be specified in a detailed basis. An ideal business case covers all the qualitative and quantitative features of a project that has been proposed. In simpler terms a business case is funda...

Read More arrow Tags: United States Tampa Management UNCC100 Our World: Community and Vulnerability University of Florida Humanities 

BUS702 Economics For Managers

Download : 0 | Pages : 4

Answers: Answer:-1 The elasticity of different food category clearly reveals that people crave for unhealthy foods like sweets and sugar based snacks as they have lower elasticity reflecting inelastic demand. That is for one unit change in price the amount change in demand would be less than one unit. This kind of demand creates more burden on consumers when the goods are taxed (Stiglitz and Rosengard 2015). Hence imposition of tax can be goo...

Read More arrow Tags: Australia South Bank Management PM University of New South Wales 
Next

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

ribbon
callback request mobile
Have any Query?