Choose a topic of your own choice within the field of Economics of Government Policies. The topic could be motivated by a real world problem and should focus on a particular market.
Your answer should contain a significant element of theoretical analysis and discussion of economic principles.
a) Illustrate your rationale for selecting the particular market?
b) Describe how the government intervenes in this market?
c) Explain what would happen if there was no government intervention in this market?
d) Discuss the possible alternatives approaches to government intervention in this market?