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HI5003 Economics for Business Tri1 2016 Topics for Individual essay DUE Week 6 (Class 6 for block mode) 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. • Elasticity of demand/supply • Cost and Revenue 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 6. - You also need to submit hard copy of your assignment 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 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: You must use 2 to 3 academic articles for this assignment (theory).

Question Set #565

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