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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 31 May 2017 My Price 15.00

Economics for Business

HI5003

Economics for Business

Tri1 2014

 

Topics for Individual essayDUE Week 7

 

Choose any One topic from the following list:

 

· Scarce resources- which resource and in which country/industry and what are being done in the industry or country

 

· Opportunity cost – faced by any company or country or government in choosing something and leaving other alternates

For example – delay in setting up broad band in Australia or not building up infrastructure like high speed rail, roads, housing or ports etc

 

· Micro economics – study of individual behaviour – individual industry like education, meat industry, tourism and agriculture.

 

· Gains from trade – increased production and becoming specialised in certain industries. Australia or any country

 

· Comparative advantage/Absolute advantage -

· Free Trade agreement with Japan and Korea and its affect on Australian economy, jobs and GDP.

 

· Demand and supply of certain resources or products/services in Australia or world wide or factors other than price which affect demand and supply

 

· Elasticity of demand, Income elasticity and cross elasticity

 

· Costs of production

 

· Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition

 

 

 

 

 

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

 

Note=

- More marks for research – choosing a good article on something specific topic from MICRO economics only

- Theory should not be more than 300 words

- More marks for application and your comments on the topic

- You need to attach the copy of the article with your essay

- Upload the soft copy on BB

 

- Following are the good sources of the articles:

· BRW

· Economist

· Australian Financial Review

· Australian

· Sydney Morning Herald

· Fortune

· Boss

· RBA/ABS

· Proquest or any other data base

Attachments:

Answers

Maurice Tutor
(5)
Status NEW Posted 31 May 2017 11:05 PM My Price 15.00

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