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Question:Having completed the three modules and assessments in ECO3PPI, you have some valuable knowledge and experience at applying economic thinking to a range of important policy questions.
When applying for jobs, you may be asked to demonstrate your experience using economics to respond to policy questions. As a recent graduate, you may want to discuss some of the assessments you have completed in this or other economics subjects and how you applied economic thinking to an important policy question or questions. Visit this Australian Public Service website which is about applying for an Australian Public Service job - these ideas are relevant for a wide range of jobs Also visit this Victorian Department of Treasury and Finance Graduate Program website for some general information about economics graduate positions in the Victorian Public Service At the end of this document I have attached a position description for a Policy Officer position with the Economic Policy Group in the Victorian Department of Treasury and Finance.
This position is best suited for a recent graduate so it is a useful exercise to respond to application to develop your skills at applying. I bring your attention to the following: How to apply You can apply online at www.careers.vic.gov.au. Here you will also find more information about jobs and working for government. Your application should include a cover letter and resume outlining your skills, knowledge and experience relating to the advertised role. Applicants are not required to submit a separate statement addressing the Key Selection Criteria. Your task for this assessment is to have a cover letter outlining "your skills, knowledge and experience relating to the advertised role". must done in a page.
Do not make the margins or font small, you should be trying to make a credible case that you are appropriate for this job.
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
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Problem - Total Cost, Average Cost, Marginal Cost: - Complete the following table of costs for a firm. (Note: enter the figures in the MC column between outputs of 0 and 1, 1 and 2, 2 and 3, etc.)
Problem based on Oligopoly and demand curve, Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
Explain the impact of external costs and external benefits on resource allocation; Why are public goods not produced in sufficient quantities by private markets? Which of the following are examples of public goods (or services)? Delete the incorrec..
Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..
Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:
Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..
"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"
Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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