Determinants of Demand

Patricia M. Hillebrandt

Chapter 2 in Analysis of the British Construction Industry, 1984, pp 9-37 from Palgrave Macmillan

Abstract: Abstract Demand is regarded by economists as the requirement for goods and services that the customer is able and willing to pay for. It must not be confused with need which, for buildings and works, may be defined as the difference between an accepted standard of provision and the extent to which the stock reaches this standard. However the two are clearly interrelated and both will be referred to in this chapter.

Keywords: Local Authority; House Price; Pension Fund; Capital Expenditure; Housing Association (search for similar items in EconPapers)
Date: 1984
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DOI: 10.1007/978-1-349-06660-5_2

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