Task 1 Using supply and demand analysis identify the main factors in determining the price of private housing in the UK. Support your analysis with the use of supply and demand graphs.

Module Title: Economics for Business

Supply and demand analysis allows us to investigate and understand how the operation of markets, or sometimes the failure of markets.

Task 1 Using supply and demand analysis identify the main factors in determining the price of private housing in the UK. Support your analysis with the use of supply and demand graphs.

Task 2 Identify and explain the main government/ economic policies that can be used to stimulate the demand for private housing in the UK