Here is the synopsis of our sample research paper on 2009; The UK Economy and Scottish Commercial Real Estate. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 12 page paper looks at the economy of the UK between 2004 and 2009 and compares Scotland to the UK as a whole. The real estate market for commercial property in Scotland is then considered, looking at industry in Aberdeen, Offices in Edinburgh and offices and retail space in Glasgow. Predictions are then made regarding the potential movement of real estate prices and the economies as a whole, with reference existing patterns and economic theory. The bibliography cites 16 sources.
Page Count:
12 pages (~225 words per page)
File: TS14_TEUKscot2009.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
as a strong economy where there was a pattern of economic growth, total output had been increasing, the only area of the economy that demonstrated any weaknesses was the manufacturing
industry, with many jobs going abroad as a result of off shoring. Overall between 2000 and 2004 there was an average real increase in GDP of 2.3% (ESRC, 2007). There
was healthy growth, and while much of Europe was seeing a slow down the UK economy appeared to be doing well. However, 2008 sees the pattern of consistent growth, which
remained a growth rate of between 2% and 3% change (This is Money, 2009). There was a decline in the GDP output in the third quarter of 2009, with a
decline of 0.6%m this increased in the forth quarter to a decline of 1.5% (This is Money, 2009). The acceleration of the decline was driven by weak performances in the
services and industry sectors (This is Money, 2009). A major area of decline in the construction industry, which had only a 0.2%
decline in the third quarter, increasing to 1.1% in the forth quarter (This is Money, 2009). In total the production output declined by 3.9% of all production, manufacturing was the
weakest, with a decline of 4.6% (This is Money, 2009). Services weakened by 0.5% on the third quarter and by 1% in the forth quarter (This is Money, 2009).
Where there are declines in the level of production, there are likely to be knock on effects, decreasing demand in an economy as
unemployment raises in 2008 unemployment was 5.5% (CIA, 2008), but this is increasing, by December 2008 this had increased to 6.3% the highest level since 1997 (BBC News, 2009). Looking
...