Supply and Demand Essay Example | Topics and Well Written Essays - 2000 words

Supply and Demand - Essay Example Furthermore, the relationship between supply and demand among consumers and suppliers establishes through pricing. It is noteworthy to recognize that, in microeconomics, it is possible to neglect the effects of supply on the demand. However, within macroeconomics, it is not possible as within this field the changes in both supply and demand are immensely vital. Ultimately, this is so because the suppliers are able to act as consumers at the same time. In relation to the topic, the following paper includes an elaborate analysis and summary of supply and demand in various companies and the way they affect people. In an article from Forbes, Brad Thomas presents an interview of a legendary investor talking about the commercial real estate business. As the legendary investor, Sam Zell spoke he was keen to provide vital opinions of what the future holds as far as commercial real estate is of concern. Sam Zell meticulously gave a clear analysis of how demand and supply affected the business . The article clearly deduces that in the real estate, since the year 2007 has had drastic changes, which have had detrimental effects. The supply field involves bringing up more buildings for consumers to take up, but since 2007, this has not been happening. The demand is soon outweighing the supply as the population is also on an increase (Thomas, web). Within the same article, we learn that the supply is not affected by demand only. Other factors play a significant role, for example, in the commercial real estate, supply and demand are highly affected by things such as technology and unemployment among the citizens seeking affordable places of residence. In addition, the article speaks of factors fuelling an increase in demand, which in this case is the need for housing. On the other hand, various factors, such as economy, play a leading role in discouraging supply. The article also clarifies that, in the commercial real estate, office space demand is on a decline. This is a fact propelled by the decline in supply. Hence, the relation between supply and demand is on a common platform where each factor has an essential effect on the other. The article indicates that it was in the year 2009 when people within the commercial real estate were most distressed in the industry. However, since then the distress is on a regular decline and by now, it is at its minimal. Concurrently, as the distress is on a reduction, various factors still fortify it, such as expiring loan maturities and distressed assets. Ultimately, research from the same article indicates that, over the next few years, people within the construction and development industry will be quite inactive. This is a fact attributed to the equilibrium of demand and supply factors. Within yet another article from The Economist, titled â€Å"Risk permanent damage,† we witness of how the inability to determine the supply factor led to inflation and depression of the economy in America. The article gives clear evidence of over investments back in the 1930s, which led to economic depression. This is a true reflection of the aftermath of a change in the equilibrium of supply and demand (The Economist, web). In addition, making false estimates on supply may also lead to detrimental effects on the economy. Evidence proves that overestimation of supply policies resulted to extensive inflation in the America. In the article, a well elaborate example is when in the 1970s and 1960s,

Why is consumption an environmental issue Critical evaluation of the Essay

Why is consumption an environmental issue Critical evaluation of the role of key stakeholders in the UK in the policy debate around consumption - Essay Example In one way or another we have to consume different things in order to survive for example we have to consume food and water, use electricity and fuel (Botsman and Rogers, 2011).  . It is then surprising when we begin to think of consumption as an environmental issue but in reality it has become a big issue with concerns for the environment. Consumption can now be easily referred to as overconsumption because what used to be the normal levels needed for an individual to survive have been surpassed now it has turned into a kind of selfish consumption whereby you take more than you need or larger quantities than required. The population of the earth is drastically increasing; it would not be such a major problem to the environment if the current consumption rate was not so high. With the increase of the world’s population the globe seems to shrink in size and therefore the resources decrease too because of the high consumption rate which is very hazardous towards the environmen t (Daunton, and Hilton, 2001).  ... It is estimated that an average household in the United Kingdom uses up to 1000 gallons of water in a day. Some areas in the UK consume so much water to the point that other places in the UK experience water shortages, the higher the consumption in one area the less it may be for the others because they may have limited access to water. Greenhouse gas emission is a serious concern in regards to the environment. The increase of the production of greenhouse gases leads to the rise of global warming. The ozone layer is meant to protect the earth from the ultraviolet rays of the sun which are harmful, the emission of these greenhouse gases leads to the depletion of the ozone layer therefore this exposes the earth to dangerous ultraviolet rays (Tremblay, 2005).  . The use of aerosol propellants and a certain gas that was used for refrigeration were banned and phased out in the UK due to the fact that these gases are considered as greenhouse gases. The repeated consumption of these gases led to a certain extent of pollution that harms the environment. The emission of greenhouse gases has increased drastically in the UK from around the year 1990 because of the manufacture of short term consumer items but a policy has been enforced to reduce the emission of greenhouse gases by 80% in the year 2050. UK is one of the countries with the highest carbon emission in the world and most of this is carbon emission is man-made. Since 1990 to the year 2002 there has been a drastic reduction in the carbon emission produced in the United Kingdom, this means that the goal set for the year 2050 is actually achievable. The depletion of the ozone layer has also led to the drastic climate changes. During