Macro and Microeconomics Factors in the UK Housing Market - Research Paper Example

Since there is, an increase in the volume of trade in the domestic market, with the supply and demand determining commodity prices, students can buy more commodities.... Tariffs are taxes imposed on imported goods into the country, which increases the prices of the goods in the domestic market.... market forces of supply and demand determine floating rates.... London, uk: Kogan Page.... Floating rates describes a situation where the foreign currency continually changes due to a number of factors....

Before March, the uk was the country with the highest inflation rate in G7.... Many analysts assert that the chancellor expressed optimism for the future of the country yet the rate of borrowing within the uk did not give him reasons to be optimistic.... the uk is operating within a volatile global market where the economy outside the uk is negative.... The same has affected the uk too.... he money market did into improving in any way....

Interest rate in the uk's economy was low from 1993 that further fell to 3 % in 2003 as seen from figure 12 from the case.... This is could be seen in figure 13 where there is a sharp rise in average uk housing prices from 1993 to 2007, more than tripling over the 15 year period (Tejvan, 2008).... At same time housing prices were rising, which leads to wealth affect and people were ready to borrow and spend more.... However it is evident that there is a long recovery period after the 2008 global financial crises of uk's economy....

That is 14years. Effect of relaxed immigration laws on the labor demand and supply curve. The labor market is a factor market.... This implies that the market provides employers with the convenience of choosing the type of labor they require.... A more relaxed immigration policy has definite adverse effects on the labor market of a country.... The impact of International trade on domestic markets. The exemption of International trade implies that the price of sugar in the domestic US market will exceed the world price....