Economics Master Level Academic Writing

Looking for Economics major only. This Master Level paper needs to be handled by a Economics major.

Prior Knowledge with the N. Gregory Mankiw's Principles of economics textbook.

Task Summary:

Choose a market and a business that operates in competitive, monopoly, monopolistic competition, and oligopoly environment and provide analysis according to the criteria below with relevant economic graphs and tables.

Word: 1000 words

Type: Essay

Due Date:

10 Oct 14

Materials: PPT Slides and supplementary weekly sheets will be provided. Strongly recommended to have access to the textbook

***Mankiw, N. Gregory. 2013. Principles of Economics, 7th edn. CENGAGE Learning.***

Economic Principles/ Bajada, Jackson, McIver, Wison, McGraw-Hill 3rd edn, 2012

Principles of Economics / N. Gregory Mankiw (Call No. HB171.5 .M264 2004)

Economics / Douglas McTaggart, Christopher Findlay, Michael Parkin (Call No. HB172 .M398 2007)

Understanding Economics / Russell S. Sobel et al. (Call No. HB171.5 .U53 2006)

Markets in action

Task Description:

Choose a market among competitive, monopoly, monopolistic competition, and oligopoly and find a business that operates in such market environment. Write a 1,000 word essay using the tools of economic analysis to describe AND relevant diagrams to illustrate how current or upcoming domestic and/or international government policies could affect the business and its competitiveness.

* Describe briefly the nature and characteristics of the chosen business.

* Why and how government could influence the market price for a product impacting on suppliers and consumers?

* Describe one real-life examples of government intervention and what do you think the interventions were meant to achieve?

* How do the price elasticity of demand and the price elasticity of supply impact magnitude of the impact from this market intervention?

* Overall, who are the likely beneficiaries and who loses with interventions in the market?

Habilidades: Research Writing

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ID do Projeto: #6545053

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