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Paper - cost of production in manufacturing industry

Assignment Help Macroeconomics
Reference no: EM131456522 , Length: word count:1000

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).

Reference no: EM131456522

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len1456522

4/10/2017 1:58:53 AM

Topic is Cost of Production in Manufacturing Industry in Australia. Diagram should also be used and link of article should also be given. 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. You may provide graphs/chaps/diagrams where necessary to enhance your presentation style. Students need to submit ONLY the Soft copy and upload on BB by that time.

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