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· Micro economics – study of individual behaviour – individual industry like education, meat industry, tourism and agriculture.

01 / 10 / 2021 Economics

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Choose any One of the topics from the following list:

 

·        Micro economics – study of individual behaviour – individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry in Australia from this list and discuss the reforms been done in that industry.  

 

 

·        Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes have been used to overcome this problem !  

 

 

·        Demand and supply of certain resources  in Australia  and factors other than price which affect demand and supply   

 

·        Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in any industry in Australia.

Structure of the Essay

 

·        Introduction – which topic 200 words

·        Body- Discuss the topic in the article and with some theory -700 words

·        Conclusion 100 words

·        Reference (Harvard Reference Style)

 

Note=

 

-         More marks for research – choosing a good article on something specific topic from the above list

-         There is no need to explain the theory/concepts in the essay on its own

-         More marks for application and your comments on the topic

-         You need to attach the copy of the articles with your essay. Also attach the safe assignment report with your essay.

-         Upload the soft copy on BB by MON 5pm week 6. 

-         You need to submit your assignment on LVL 6 on MON (week 6)

  

-         You need to use the following sources for  the articles:

 

·        Economist

·        Australian Financial Review

·        The Australian

·        Sydney Morning Herald

 

 

Note: You must use 2 to 3 articles for this assignment.  



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