HI5003 : Micro Economics : Article - Economics Assignment

Internal Code : MAS4297

Economics Assignment

Choose a topic from Micro economics that matters to you and find a recent news article covering that topic. Following are some of the topics from where students need to choose ONLY one topic:

• Monopolies, Duopoly and Oligopolies in Australia
•  Demand and supply of certain resources in Australia
• Costs of production in manufacturing industry in Australia
•  Reforms in Education, Meat, Agriculture and Tourism Industries in Australia. Choose ONLY ONE industry out of this list.

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

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

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