Hi5003 economics for business - cost of production- in any


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.

Structure of the Essay

- Introduction - which topic 200 words
- Body- Discuss the topic in the article and with some theory -700 words
- Conclusion 100 words
- Reference (Harvard Reference Style)

Note

- More marks for research - choosing a good article on something specific topic from the above list
- There is no need to explain the theory/concepts in the essay on its own.
- More marks for application and your comments on the topic
- You need to attach the copy of the articles with your essay. Also attach the safe assignment report with your essay.
- Upload the soft copy on BB by FRI 5pm week 8.
- You also need to submit hard copy of your assignment on LVL 6 on FRI by week 6.

- You need to use the following sources for the articles to explain how theory (see above topics) works:

- Economist
- Australian Financial Review
- The Australian
- Sydney Morning Herald
- Some Academic research

Note: You must use 2 to 3 articles for this assignment.

Australian student, 1000 words, Please choose one of the given topics and do it

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Microeconomics: Hi5003 economics for business - cost of production- in any
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