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HI5003 BM Economics for Business Sydney Tri 2 2016 (JPC) Topics for Individual essay DUE Week 4 (FRI) Choose any One of the topics from the following list: • Micro economics – study of individual behaviour – individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry in Australia from this list and discuss the reforms been done in that industry. • Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes have been used to overcome this problem ! • Demand and supply of certain resources in Australia and factors other than price which affect demand and supply • Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in any industry in Australia. 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 • Reference (Harvard Reference Style) 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 – You need to attach the copy of the articles with your essay. Also attach the safe assignment report with your essay. – Upload the soft copy on BB by FRI 5pm week 4. – You also need to submit hard copy of your assignment on LVL 6 on FRI by week 4. – You need to use the following sources for the articles: • Economist • Australian Financial Review • The Australian • Sydney Morning Herald • Some Academic research Note: You must use 3 to 4 articles for this assignment.

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