Newspaper Analysis (Written report):
1) Choose a topic from Micro economics that matters to you and find a recent news article covering that topic. For example following can be some of the useful topics:
- Energy Policy of Australia
- Demand and supply of certain resources in Australia
- Oligopoly, Monopoly and Duopoly in Australia
- Costs of production in Australian industries.
- Environmental effects on Great Barrier Reef and its economic impact
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 and why.
- The economic analysis (3 to 4 paragraphs): Explain how you can present the issue in terms of economic concepts and theories you have learnt in class.
- Explain your view (2 to 3 paragraphs): Explain what actions you would recommend to the key players and/or policy holders.
- 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.