HI5003: Economics for Business - Economics Assignment Help

Internal Code : MAS4398

Economics Assignment

Question : 1) Choose a topic from Micro economics that matters to you and find a recent news article covering that topic. For example following can be some of the useful topics:

• Energy Policy of Australia
•  Demand and supply of certain resources in Australia
•  Oligopoly, Monopoly and Duopoly in Australia
• Costs of production in Australian industries.
• Environmental effects on Great Barrier Reef and its economic impact

2) Evaluate the article using Economic concepts. You should include

• The essence of the story (1 to 2 paragraphs): Introduce the issue, who is interested in it and why.
• The economic analysis (3 to 4 paragraphs): Explain how you can present the issue in terms of economic concepts and theories you have learnt in class.
• Explain your view (2 to 3 paragraphs): Explain what actions you would recommend to the key players and/or policy holders.
• Explain how the above analysis supports your conclusion (1 to 2 paragraphs).

3) You may provide graphs/charts/diagrams where necessary to enhance your presentation style.