• Micro economics – study of individual behaviour – individual industry like education, meat industry, tourism and agricultu

  100% Pass and No Plagiarism Guaranteed

• 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.

HI5003

Economics for Business

Topics for Individual essay

Choose any One of the topics from the following list:

• 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.  

• 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   

• Demand and supply of certain resources  in Australia  and factors other than price which affect demand and supply   

• Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in any industry in Australia.  

• Elasticity of demand/supply

• Cost and Revenue

Note

-         More marks for research – choosing a good article on something specific topic from the above list

-         There is no need to explain the theory/concepts in the essay on its own.

-         More marks for application and your comments on the topic

-         You need to attach the copy of the articles with your essay. Also attach the safe assignment report with your essay.

-         Upload the soft copy on BB by FRI  5pm  week 6. 

-         You also need to submit hard copy of your assignment on FRI  by week 6.

-         You need to use the following sources for  the articles to explain how theory (see above topics) works:

• Economist
• Australian Financial Review
• The Australian
• Sydney Morning Herald
• Some Academic research

Structure of the Essay

• Introduction – which topic 200 words
• Body- Discuss the topic in the article and with some theory -700 words
• Conclusion 100 words
• Reference (Harvard Reference Style)

Note: You must use 2 to 3 academic articles for this assignment (theory).