Question 1:
Analyze developments in demand and supply in the past few years in a market known to you (e.g. where you worked or a housmg market known to you). Include in your analysis an explanation of the determinants of demand and supply, recent changes in demand and supply, elasticity of demand and supply, and the impacts of government intervention, if any.
Question 2:
In an oligopolistic market known to you discuss/analyse the development of the price level in the past few years. Have the prices been stable or instable? Do the prices of the different companies move together in the same direction and with the same magnitude, or have the prices diverged? Describe the factors and company conduct which have had an impact on prices and pricing in the market(e.g. possibly: structure and conduct, changes in demand or technology, kinked demand curve, collusion, non-price competition, competitive behaviour, game theory, price discrimination, etc.)