ECF6105: Economics Analysis For Business- Essay Writing Assignment

Internal Code: MAS1433

Essay Writing Assignment:

Assignment Question: Australian cities suffer water shortages to the extent that household watering days and winter reticulation bans are common. One alternative source of water is water derived from desalination processes. Find four scholarly references that compare and contrast the costs of tap water produced from groundwater and dams with tap water produced by desalination plants. Summarise, using a table, the findings in these references. The first column would provide comparison headings. The second column could show groundwater and dam characteristics and the third column could show desalination characteristics. Discuss the table. Explain why governments would either (1) build and manage desalination plants OR (2) contract out the building and managing of desalination plants to private industry. (Hint: See Chapter 11 for the role of governments in markets). Suggest ONE policy that the Australian government could implement to encourage private firms to invest in desalination plants. Think of an appropriate model to include in your discussion. Explain this policy and its impact