Assessment Task 2: Microeconomic Analysis Report

1. Task Overview 

• This assignment is based mainly on Block 1: The Market and Block 2: Government. Using models and theories of either (1) the market or (2) market failure and government (i.e. only material from lectures 2 to 6) perform a microeconomic analysis of one specific appropriate issue or phenomenon of your choice.
• Your task is to conduct a microeconomic analysis of an issue that you select yourself, just as businesspeople and policymakers You will be assessed on what you learnt in the course by correctly choosing and applying definitions, methods and theories from lectures and workshops 2-6. As this is a microeconomics assignment you should not write a general or journalistic report or use concepts from other courses not discussed in this course, including macroeconomics.