HI5003: Economics for Business- Essay Writing Assignment

Internal Code: MAS788

Essay Writing Assignment:

Question: Choose any One of the topics from the following list: 1.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. 2. 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 3. Demand and supply of certain resources in Australia and factors other than price which affect demand and supply 4. Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in any industry in Australia. 5. Elasticity of demand/supply 6. Cost and Revenue Note= 1. More marks for research – choosing a good article on something specific topic from the above list 2. There is no need to explain the theory/concepts in the essay on its own. 3. More marks for application and your comments on the topic