HI5003 - Economics for Business - Written Report and Presentation - Economics Assessment Answer

Assessment Task:

HI5003: Economics for Business Assessment Answer

Purpose:
This assignment aims to enhance students’ research and analytical ability through the application of their economic knowledge in the unit to compose a report.

Detailed requirements of the assignment
Organize yourselves into groups of 4 or 5 students and give your group details to your lecturer(s) no later than Week 6 (for Normal Mode) or Week 4 (For Block Mode 1) and Week 8 (for Block Mode 2). Late submission of group member list can result in your being unable to submit the group assignment and awarded a mark of zero for the group assignment. The assignment has TWO components: a written report (30%) and a group presentation (10%). Study ONE of the following industries in Australia and its associated issue as indicated in the bracket () below:

1.  Banking sector (and the recent Royal Commission into misconduct in the Banking, Superannuation and Financial Services Industry)
2.  Agricultural production (and the recent 2018-2019 drought)
3. Property market (and the recent correction starting in 2017)
4.  Mining industry (and the resource boom from 2003 to 2016)

1. Component 1: Written report (30%)
Write a report about the industry and its associated issue. The report should include:

 A background of the industry.
 The market structure that characterises the industry.
 A summary of its associated issue as mentioned above.

 An analysis of the impacts of that issue on the industry and on the Australia economy. Note that while empirical evidence and quantification of the impacts are strongly recommended upon available data, such impacts can be more generally analysed using the market demand and supply model or the aggregate demand and supply model.

A policy of the government to intervene into the market and helps to stabilize it.
Provide a brief evaluation of that policy.

The report should use a variety of resources, including the textbook, newspapers, industry reports, the ABS website, and other sources. Your report should include a table of contents, an executive summary, and sub-headings. It needs to be properly referenced using the Harvard style and at least 5 references.

2. Component 2: Group presentation (10%)
All group members need to present the written report using a powerpoint presentation. Due to time availability, your lecturer can assign you to do an in-class presentation or a video presentation which you will submit the link to Blackboard. The presentation is in no more than 10 minutes.

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