Should the Australian Government own NBN Co? Why or why not? What are the advantages and disadvantages of government ownership for the telecommunications industry?

Addresses learning outcome(s):
On successful completion of this unit, students will be able to: 1. Understand the roles of government and business in pursuing social and economic goals;
2. Contrast theoretical traditions about and global approaches to the economic role of government;
3. Relate political, social and economic changes to changes in the national and global environments;
4. Demonstrate a sound knowledge of the ways that business and government respond to the dynamics of globalisation; and
5. Undertake projects requiring research, analysis and the effective communication of the results in writing.
Summative Academic Essay
Students are required to write a summative academic essay of 1,500 words, answering one of the essay questions below. For this essay, it is expected that you now comprehend the standard of work required to write a sound academic essay. Employing the lessons and standards learnt from Essay 1, and drawing on the ideas and concepts taught in this unit, answer one (1) of the following essay questions:
1. Should the Australian Government own NBN Co? Why or why not? What are the advantages and disadvantages of government ownership for the telecommunications industry?
2. Should the rest of the European Union (EU) help bail out Greece from its current economic woes? Why or why not? Should Greece change its domestic economic policies in response to demands from the EU?
3. What anticipatory industry policies might we expect to see in Australia to facilitate the implementation of the Trans-Pacific Partnership agreement? Why?
4. Which business model will prove most disruptive to traditional industries: AirBnB or Uber? Why? Which business model has the most potential to avoid capturing the full costs (externalities) of doing business? Why?
5. Should the Australian Government be forced to compensate Philip Morris, a tobacco company, for profits lost due to Australian cigarette packaging laws? Why or why not? How might this be possible?
Important Notices: A minimum of 10 different references is required for this essay. Be careful using the Internet – it offers information, sometimes wildly inaccurate, while also not necessarily providing a strong critical analysis. The use of encyclopaedia-style Web sources (for example http://www.wikipedia.org/ and www.thefreedictionary.com) is NOT acceptable at this level of study and any instance of using such references will attract a fail grade for the relevant crtierion. To receive a Distinction grade or above, you will need to draw upon academic journals, texts and high-quality references, and exceed the minimum standards.
Students must submit their academic essays via Moodle in Microsoft Word or Adobe PDF document format. Essays submitted in any other format will not be marked and will receive a grade of zero. It is also required that essays include a list of references at the end of the paper (in alphabetical order by author surname) which is presented in a recognised Author/Date referencing system. The reference list forms part of the essay and is not to be submitted as a separate file. Reference lists submitted as separate files will be ignored by the marker. Please note that the requirements for referencing set out in this unit may be different from examples provided in the referencing guides. Where there is a conflict about the style of referencing (for example the use of page numbers), you are required to follow the unit outline.
Students MUST write in the third person for all assessment items in this unit. For example, rather than writing ‘In this essay, I will discuss…’, write: ‘This essay will discuss…’. Writing in the third person is a formal writing skill which you must practise while undertaking this unit. If you do not write in the third person your essay will be heavily penalised.
Word Count Rules: The word count is conducted by using the word count function in Microsoft Word by highlighting the first word of the first sentence to the last word of the last sentence. The word count includes all in-text references and quotes but does not include the title or the reference list. Plus or minus 10% leeway is given for the word count, for example Essay 2 (1500 words) must be between 1350-1650 words. Markers will ignore those parts of the essay that exceed the word limit, and essays which are under the word limit will be considered as not representing a completed assessment task. Excessive use of quotes will be heavily penalised. Writing to a set word count is a requirement in almost every profession, and presenting an argument within the bounds of a word count demonstrates partial achieving of Learning Outcome 5.

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