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Topic - Housing market in the United States between 2015-2020. 1. Talk about the industry chosen providing data about its characteristics and the evolution of
Topic - Housing market in the United States between 2015-2020. 1. Talk about the industry chosen providing data about its characteristics and the evolution of the prices during the indicated period. 2. Use the model of supply and demand and provide a diagrammatic explanation, using the supply and demand curves for the changes in the prices of the good. 3. Explain the elasticity of supply and demand of the good. 4. Discover and describe the market structure of the good and specifically if there are any cartels/price fixing activities in the industry effecting the price changes discussed. 5. Providing information about the future prospects of the industry and also your personal opinion. ...You should use these relevant theories in your answer, but you should also refer to data and other studies where relevant. . Images/graphs etc. are allowed and encouraged to make your reasoning and arguments more visual and explicative .. References must be added to the end (referencing websites, articles, books etc.)
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