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Factors which affect demand and supply

Assignment Help Microeconomics
Reference no: EM13837119 , Length: word count:1000

Choose any One of the topics from the following list:

• Scarce resources- which resource and in which country/industry are seen as scarce and what is being done in the industry or country. What substitutes have been used to overcome this problem

• Micro economics - study of individual behaviour - individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry from this list and discuss the reforms been done in that industry.

• Comparative advantage/Absolute advantage of any country in any industry and why/how

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

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

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

- 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 article with your essay.

- Following are the good sources of the articles:

• BRW

• Economist

• Australian Financial Review

• Australian

• Sydney Morning Herald

• RBA/ABS

• Proquest or any other data base

Reference no: EM13837119

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