Discuss market structures-perfect competition

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Assignment:

A critical review essay is required on a newspaper article that is broadly related to the economics topic "Market structures - perfect competition". The link to the article is provided below.

"From groceries to energy, there's not enough competition in Australia | Rod Sims | The Guardian "

*The above link is the article needs to be reviewed with the title: "From groceries to energy, there's not enough competition in Australia" by Rod Sims.

1. Your critical review essay must address the following:

  • A brief summary of the main points of the article (in particular, the issues/questions the article tries to address; its main findings and conclusions) is needed.
  • Explain the significance of the issues/questions the author writes about in the article.
  • If you are convinced by the main arguments and findings of the article, why? If not, why not?
  • How the article pertains to topics in microeconomics or macroeconomics. Let's be sure to identify and discuss the model/models or economic theory/theories implicit in the article.
  • Can you comment on the accuracy of the author's use of economic concepts?
  • Is the article well written? How could it have been done better?

2. Please note that consultation and citing multiple references (outside of the newspaper article given) should be done. We suggest you use Harvard-style referencing for your in-text citation.

Reference no: EM133636799

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