ECO-6005A: Advanced Topics in Microeconomics - Formal Microeconomics Ideas - Economics Essay Writing Assignment Help

Assignment Task:

Task:
Address any one of the following three questions, in an essay not exceeding 1800 words. It is important that your essay uses formal microeconomic ideas, as taught in the first five weeks of the module and as presented also in the recommended readings. (You will see that the questions build directly on the lectures in weeks 3, 4 and 5 respectively.)
 
Question 1.
Suppose that a British political party is going to choose its next leader - from at least three candidates - by holding a ballot amongst its members. It tries to design an election process that will avoid the issue of “strategic voting”. Provide a report (for this political party) that explains, using social choice theory, the difficulty of this task. 

Question 2. 
Suppose that a university department is trying to allocate dissertation supervisors to students. Provide a report (for this university department) that explains carefully how a two-sided matching algorithm, such as that of Gale and Shapley, could offer an effective means of making such an allocation. 

Question 3. 
Suppose that the governing body for world football (“FIFA”) is going to auction the UK television rights to the next (2023) Women's Football World Cup. Provide a report (for FIFA) that describes some auction designs it might use and explains both the theoretical and the practical considerations that may affect its choice. 

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