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Estate Agent's Examination Part 1&2

BOVAEP Diploma in Estate Agency (VAL)

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Estate Agent's Examination Part 1&2 > Archive for 2019 D07 LEc

Category: 2019 D07 LEc

2019 D07 Land Eco Answers Explained

01/04/2020 Thomas Sim PEA2066
2019 D07 LEc2.1Leave a comment

2019 Q Analysis D07 Land Economics

14/09/2019 Thomas Sim PEA2066
2019 D07 LEc2.1Leave a comment

Land as factor of production Q1

08/08/2019 Thomas Sim PEA2066

Q. Land is an important factor of production in the economy. a) Describe four (4) characteristics of land as a factor of production. (12 marks) b) Explain why land is Read More …

2019 D07 LEc2.1Leave a comment

Urbanization positive & negative impacts and Sprawl Q2

08/08/2019 Thomas Sim PEA2066

Q. Urbanization can have effects to the economy, society and the environment. a) Explain two (2) positive and two (2) negative impacts of urbanization to the economy. (12 marks) b) Read More …

2019 D07 LEc2.1Leave a comment

Urban decay & prevention and New city development Q3

08/08/2019 Thomas Sim PEA2066

Q. There are various reasons for the emergence of inner-city decay. This urban decay could bring some negative implications to the urban area. Nevertheless, the development of a new city Read More …

2019 D07 LEc2.1Leave a comment

Imperfection of real estate market and its returns Q4

08/08/2019 Thomas Sim PEA2066

Q. Markets generally operate through the law of supply and demand to achieve efficiency in the economy. However, the housing market is not an efficient one due to the imperfect Read More …

2019 D07 LEc2.1Leave a comment

Demand & supply affecting redevelopment Q5

08/08/2019 Thomas Sim PEA2066

Q. Redevelopment occurs when the present value of the current use is less than the capital value of the proposed site. By using an example of residential property, a) Explain Read More …

2019 D07 LEc2.1Leave a comment

Land Rent Theory and factors affecting Q6

08/08/2019 Thomas Sim PEA2066

Q. Location and accessibility are amongst the key factors in the determination of land rent. Explain, a) basic features of classical rent theories and state the factors that need to Read More …

2019 D07 LEc2.1Leave a comment

Urban Land Use and business employment Q7

08/08/2019 Thomas Sim PEA2066

Q. Urban agglomeration economy embodies a system of clustering of firms and employment market. a) Explain why firms are particularly interested to have their businesses in the urban centre. (10 Read More …

2019 D07 LEc2.1Leave a comment

Pricing in Transportation problem Q8

08/08/2019 Thomas Sim PEA2066

Q. One of the economic approaches in solving urban transportation problem is pricing. Discuss the meaning of “pricing is part of the problem and the solution”. Give appropriate examples to Read More …

2019 D07 LEc2.1Leave a comment

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