Economics for business


              Economics for Business

        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


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




  • 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 article with your essay. Also attach the safe assignment report with your essay.

  Following are the good sources of the articles:

  • BRW
  • Economist
  • Australian Financial Review
  • Australian
  • Sydney Morning Herald
  • Proquest or any other data base
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