Paper - topic is cost of production in manufacturing


Paper -

Topic is Cost of Production in Manufacturing Industry in Australia.

1) Choose a topic from Micro economics that matters to you and find a recent news article covering that topic. Following are some of the topics from where students need to choose ONLY one topic:

  • Monopolies, Duopoly and Oligopolies in Australia
  • Demand and supply of certain resources in Australia
  • Costs of production in manufacturing industry in Australia
  • Reforms in Education, Meat, Agriculture and Tourism Industries in Australia. Choose ONLY ONE industry out of this list.

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 (2 to 3 paragraphs): Explain how you can present the issue in terms of economic concepts and theories you have learnt in class.
  • Explain your view (1 to 2 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).

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Macroeconomics: Paper - topic is cost of production in manufacturing
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