What national components tell you about economic structure

Assignment Help Microeconomics
Reference no: EM131952006

Assignmewnt

Conduct a shift-share analysis of an Australian non-metropolitan Local Government Area (LGA) or Statistical Local Area (SLA) of your choice and discuss your findings.

Following the reading, instructions and example provided in Module 4, go to the Australian Bureau of Statistics website and download a Time Series Profile (TSP) for one Local Government Area (LGA) or Statistical Local Area (SLA) of your choice (perhaps the one you live in), and for the 2001, 2006 and 2011 Censuses, and conduct a shift-share analysis of it. You could conduct your shift-share analysis on the 2001-2006, 2006-2011 or 2001-2011 periods - it's up to you! Remember - you will also need the TSP for the State in which your SLA/LGA is located.

Once you have completed collecting your data, conduct your shift-share analysis and analyse your results. In approximately 1800 words (GeoPlan 345 students; 2000 words for GeoPlan 445 students; 2500 words for GeoPlan 545 students) or less, comment on:

• What the national (or state), structural and differential components tell you about the economic structure of your chosen region;

• The reasons for these results. In doing so, try and situate your SLA/LGA's result within a broader context. For example, if you are analysing an SLA/LGA from a highly remote, broadacre farming region you should discuss the extent to which your SLA/LGA's performance is driven by forces within the broader region and is typical of other similarly-positioned SLA/LGAs.

• What strategies your SLA/LGA could or should employ in the light of these results to enhance local economic development.

Reference no: EM131952006

Questions Cloud

Do you think identity theft can be controlled : How would you protect the college professors from any fraudulent acts against them after the identity theft has been discovered?
Find the for this project appropriate discount : Find the following for this project if the appropriate discount rate is 12%.
What is the function of a marketing research report : What is the function of the "limitations" section of a marketing research report? What limitations exist in the marketing research project you designed.
Forecasting eps growth of around : You are then forecasting EPS growth of around 2.2% p.a. in perpetuity. What would be your valuation of Hayden Ltd's shares, given you require a 15% p.a. return?
What national components tell you about economic structure : What the national (or state), structural and differential components tell you about the economic structure of your chosen region.
Prepare a comprehensive report directed to an Australian ASX : Prepare a comprehensive report directed to an Australian ASX Top 100 listed corporation detailing a critical analysis of the effectiveness of the corporation
Educational planning planing means in finance : In your experience and understanding, briefly what does Educational Planning planing means in Finance?
Primary business decisions that financial managers : Identify three primary business decisions that financial managers must make. What are some of the downfalls of not keeping a household budget?
Prepare graph showing the economic situation you have stated : Prepare a graph (AD-AS w/LRAS) showing the economic situation you have stated in Part One. The graph should be clearly labeled.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd