(Answered) Individual paper assignmentnewspaper analysis essay1 choose

Economics

Individual Paper Assignment

Newspaper Analysis (Essay)

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 ANY 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).

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