Where costs of production are an important issue

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Reference no: EM131034294 , Length: word count:1000

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.

Reference no: EM131034294

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