Business Economics for the Local E-magazine Assignment

Assignment Task

The Dean of a local College for undergraduate students has asked you to write an illustrated article on Business Economics for the local e-magazine – Youth of the Nation.

The article is aimed at non-economic specialists who wants to understand the basics of business economics in a simple and crisp form

You should make reference to your local and national business environment.

You may wish to illustrate your article with graphs, charts of pictures in order to convey your messages more effectively.

The Dean of the college has asked you to cover following topics in your article:

1. Explain the concept of Economics and Business Economics

2. Analyze concepts and theories of individual and market demand

3. Illustrate the structure of production and cost at different stages

4. Explain different forms of market competition

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