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Demand and supply of certain resources in australia

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Reference no: EM131603673

Question: Newspaper Analysis (Written report):

1) 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 inAustralia

- 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 (1 to 2 paragraphs): Introduce the issue, who is interested in it andwhy.

- The economic analysis (2 to 3 paragraphs): Explain how you can present the issue in terms of economic concepts and theories you have learnt in class.

- Explain your view (1 to 2 paragraphs): Explain what actions you would recommend to the key players and/or policyholders.

- 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.

Reference no: EM131603673

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