Microeconomics Essay: Transport choices
The topic of this essay is: The factors that are likely to affect individual's decisions about the type of transport they use daily and how they respond to changes in the market.
Therefore, your essay should explore:
1. Compare the trends in transport use in Perth and another city in Australia (with evidence).
2. The factors affecting individuals' decisions about the type of transport (e.g., private cars, public transport, cycling, car-pooling, taxi, etc.).
3. Demonstrate how individual respond to changes (e.g., income, prices of vehicles, petrol prices, parking fees, etc.) in the market.
4. Discuss government/university policies that intend to change transport choices and evaluate its effectiveness.