HI5003 Economics for Business Tri

Posted on September 16, 2022 by Cheapest Assignment

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HI5003 Economics for Business Tri

Topics for Individual essay

Choose any One of the topics from the following list:

  • Micro economics – study of individual behaviour – individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry in Australia from this list and discuss the reforms been done in that industry.
  • Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes have been used to overcome this problem
  • Demand and supply of certain resources in Australia and factors other than price which affect demand and supply
  • Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in any industry in Australia.
  • Elasticity of demand/supply
  • Cost and Revenue


– 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
– You need to attach the copy of the articles with your essay.
Also attach the safe assignment report with your essay.

– Upload the soft copy on BB by FRI 5pm week 6.
– You also need to submit hard copy of your assignment on FRI by week 6.

– You need to use the following sources for the articles to explain how theory (see above topics) works:

  • Economist
  • Australian Financial Review
  • The Australian
  • Sydney Morning Herald
  • Some Academic research

Structure of the Essay

  • Introduction – which topic 200 words
  • Body- Discuss the topic in the article and with some theory -700 words
  • Conclusion 100 words
  • Reference (Harvard Reference Style)

Note: You must use 2 to 3 academic articles for this assignment (theory).

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