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 - study of individual behaviour - individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry from this list and discuss the reforms been done in that industry.
Comparative advantage/Absolute advantage of any country in any industry and why/how
Demand and supply of certain resources in Australia or any other country and factors other than price which affect demand and supply
Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in Australia.
Structure of the Essay
Body- Discuss the topic in the article and with some theory
- 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
- Following are the good sources of the articles:
BRW
Economist
Australian Financial Review
Australian
Sydney Morning Herald
RBA/ABS
Proquest or any other data base