Demand And Supply Study Guide

Demand and supply study guide

With the social progress and economic development, the housing price have increase and resulted in increasing in number of overhang units.

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However, Household income did not increase accordingly which is one of the main problems affected Malaysian are difficult to afford a house. Various other main reasons such as high household expenses, developer focus on developing high-end or luxuries units and affordable housing built at remoted place also affect the mismatch of demand-supply gap of affordable housing. In this study, the aim is to explore the factors that cause the imbalance of demand-supply of affordable housing.

Besides, impacts from this problem is demand and supply study guide to be study as well for knowing the severity of the problems when it is getting more serious, such as increasing in homelessness, create household stress, weaken the economic growth, impact to children and so on. In addition, effective solution will be study as well for the problems.

Knowledge and Skills Required

The report is researched by both literature review and questionnaires for the accuracy of results. Questionnaires have been distributed mainly to people who worked or working in the industry, also included homebuyers for different perspectives.

Questionnaire consists of 4 sections which is geographical study, the reasons for occurrence of such event, impacts, and effective solutions. Quantitative methodology is utilised to examine the results acquired from the questionnaire.

The results were compared with the literature review to prove here facts of the issues. From the results, respondents ranked the other expenses occupied much from the household income as first amongst all of the reasons. For second ranked reasons, respondents have selected high construction cost, followed by the third ranked reasons is the inaccessibility and inconvenient location of affordable housing. As for the impacts of such issues, respondents chose high transportation expenditure as first impacts, followed by the second impacts of lack of basic need due to high monthly instalment for housing, and the third impacts is the lag of economic growth due to low transaction.

For solutions difference between jim crow laws and black codes such issues, Government to implement more planning control on new and upcoming project as first rank solution, followed by Government to reduce the household expenditure and the third ranked solution is the Government to vigorously promote the Rent-to-own scheme and states its benefits.

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Demand and supply study guide - thought differently

Active Page: Principles of Macroeconomics Principles of Macroeconomics The Principles of Macroeconomics exam covers aggregate demand, aggregate supply, and monetary and fiscal policy tools. This aspect of economics deals with principles of economics that apply to an economy as a whole, particularly the general price level, output and income, and interrelations among sectors of the economy. The test places particular emphasis on the determinants of aggregate demand and aggregate supply, and on monetary and fiscal policy tools that can be used to achieve particular policy objectives. Within this context, candidates are expected to understand basic economic concepts such as scarcity and comparative advantage and measurement concepts such as gross domestic product, consumption, investment, unemployment, and inflation. Candidates are also expected to demonstrate knowledge of the institutional structure of the Federal Reserve Bank and the monetary policy tools it uses to stabilize economic fluctuations and promote long term economic growth, as well as the tools of fiscal policy and their impacts on income, employment, price level, deficits, and interest rate. Basic understanding of foreign exchange markets, balance of payments, and effects of currency appreciation and depreciation on a country's imports and exports is also expected. The exam contains approximately 80 questions to be answered in 90 minutes. Some of these are pretest questions that will not be scored. Knowledge and Skills Required Questions on the Principles of Macroeconomics exam require candidates to demonstrate one or more of the following abilities: Understanding of important economic terms and concepts Interpretation and manipulation of economic graphs Interpretation and evaluation of economic data Application of simple economic models The subject matter of the Principles of Macroeconomics exam is drawn from the following topics. The percentages next to the main topics indicate the approximate percentage of exam questions on that topic.