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New Economic Thinking and Real Estate (Paperback) (Danny Myers)

New Economic Thinking and Real Estate (Paperback) (Danny Myers) - image 1 of 1

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This clear and accessible introduction to the role of the economy in understanding property is written for those studying surveying or real estate but will also be of significant interest to students of economics, finance and politics

New Economic Thinking and Real Estate offers a modern and distinctive approach to forecasting and understanding property markets and, with this book, students will develop an intuitive ability to interpret the latest thinking required to un-pick the functioning and forecasting of future commercial and residential property markets. It underlines the importance of economics to students who need to develop an intuitive ability to interpret economic indicators and acquire the confidence to assess property markets

The book is divided into three parts

Part A: Resource Choices -- deals with microeconomics; outlining the ways that resources tend to be allocated in private property markets. As budding economists might expect, a significant part of the exposition here is concerned with the determinants of supply and demand. However, the author also emphasises that markets evolve and, to a large extent, are culturally derived. He explains, as plainly as possible, the position of man-made markets that deal with property in today's dominantly capitalist world

Part B: Financial Systems -- seeks to make sense of the macroeconomic scene, even though the financial system that underpins it is currently in a state of disarray. The central part of the section reviews the recently conceived `flow of funds' model as a means of understanding the determinants of economic growth and the problematical nature of debt. As such, it introduces the relationships between the real economy and the financial system

Part C: Measuring and Forecasting -- being able to interpret data is a vital skill for a surveyor. The reports that clients request are expected to capture economic awareness, not only of the relative costs and benefits arising from the proposed investment, but also of the broader implications of the interest rates paid on borrowed funds, the relevant tax measures, the prevailing economic conditions (inflation, growth, unemployment, etc.) and the structural constraints imposed by planning policy, building regulations, legislation and end user requirements

Dedicated to property, this text is designed to build confidence in finding and using data, and will convince students of the need to understand economics, giving them a solid background in interpreting and forecasting the performance of markets and of the broader economy
Number of Pages: 233
Genre: Business + Money Management
Format: Paperback
Publisher: John Wiley & Sons Inc
Author: Danny Myers
Language: English
Street Date: July 25, 2016
TCIN: 51531989
UPC: 9781119048756
Item Number (DPCI): 248-22-7250
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