Choose a topic from Micro economics that matters to you and fi nd a recent news article covering that topic . Following are some of th e topics from where students need to choose ONLY one topic: – Monopolies, Duopoly and Oligopolies in Australia – Demand and supply of certain resources in Australia – Costs of production in manufacturing industry in Australia – Reforms in Education, Meat, Agriculture and Tourism Industries in Australia. Choose ONLY ONE industry out of this list. PL see the additional guidelines provided for this assignment. 2) E valuate the article using Economic concepts. You should incl ude x T he essence of the story (1 to 2 paragraphs): Introduce the issue, who is interested in it and why. x The economic analysis (2 to 3 paragraphs): Explain how you ca n present the issue in terms of economic concepts and theories you have learnt in class. x Explain your view (1 to 2 paragraphs): Explain what actions you would recommend to the key players and/or policy holders.
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