HI5003- Economics for Business

Task:

Choose any One of the topics from the following list:

Scarce resources- which resource and in which country/industry are seen as scarce and what is being done in the industry or country. What substitutes have been used to overcome this problem! 

Micro economics – Choose any industry and discuss the reforms done or needed in that industry.   

Demand and supply of a product of your choice and factors that affect the demand and supply sides of the market.

Market structures like Monopoly, Oligopoly and Monopolistic competition in Australia.  

Structure of the Essay

Introduction –

Body- Discuss the topic in the article and with some theory

Conclusion

Note= 

-More marks for research – choosing a good article on something specific topic from the above list 

-There is no need to explain the theory/concepts in the essay on its own 

-More marks for application and your comments on the topic