Instructions:
Assessment 2 should take the form of a critical reflective analysis.
Students are expected to explore the intersection between technology and social networks.
Students should carefully define key terms in order to produce a thorough analysis and show how the use of technology may disrupt traditional macro-economic theory.
Output/Deliverable and parameters of the assessment
An individual submission of a reflective and critical report comprising of 3000 words as well as the use of relevant graphs, images and charts.
Students may incorporate a range of media and formats in the report and are expected to use extensive references from the literature to support their arguments.
1. Critically analyse production processes and cost functions and classify the main forms of market structures as well as recommend appropriate pricing and strategies.
2. Critically evaluate the role and impact of various forms of government intervention in the economy including the implications of competition and deregulation policy for managerial practices.