Need some examples of key economic principles and how they effect the role of a building surveyor? cheers Andy

Answer 1

far too vague give me more and I can help you

its like you asking me to write the bible out with that question

badger boy from the message below me shut the **** up. you are talking complete ****!

have you learnt that on sesame street or barney you stupid wanker


Message: hi, thanks for replying. The whole question is;
'Identify 3 key economic principles & use examples to discuss the extent to which these principles influence & underpin the work of a Building Surveyor practitioner. I just want to confirm what an actual principle rather than factor actually is. I was thinking of;
1. Government policies, 2. market structure, 3. supply & demand, 4. microeconomy, 5. macroeconomy? Are these principles of economics or merely factors? Thanks for your help!


ok a principle is an idea put forward by a particualar economist,

for this question I would stick to the neoclassical framework, although I would state that you have made this choice in the introduction.

Neoclasical principles are ones such as

under perfect competition supply equals demand all other things being equal.

or for an individual to undertake an extra peice of work the margiunal benefit must be greater to or equal to the marginal cost.

maybe a principle regarding marginal private and marginal social benefit will also help.

since changing the stucture of a building has both internal and external effect on society.

im sorry this is basic


but i am still a little confused what your lecturers want

Answer 2

Macro ecanomics may have an impact on global prices

Micro ecanomics may have an impact on local prices.

So if you work in the US and your roll is made with British beef this may push the price up due to demand versus supply in the world market, however, if the local store where you buy your roll is trying to undercut his competitor on the corner this will bring down the price of your roll.

Key ecanomic principles effecting the roll of a building surveyor (and anybody else).

Answer 3

I sure don't think it is from a couple working, wife and husband have jobs. People have just put too much less value on marriage. They don't take their vows serious. More should think of the words they swore to uphold as a married couple. They use anything they can for divorces and children don't even matter. They feel the grass is always greener on the other side of the fence. A sold marriage and family working as a team is the greatest and most rewarding.=======

Answer 4

The most important economic concept to anyone is supply and demand. What things effect the demand for your products and services? What things effect how much of your product or service will be supplied.

A good understanding of this can help one see what's really going on and how prices are or can be impacted. Plus, one can develop strategies based on an analysis of supply and demand.

Answer 5

need more infomations