Task

• 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 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 business people and policymakers do. You will be assessed on what you learned in the course by correctly choosing and applying definitions, methods, and theories from lectures and tutorials 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.
• A template document has been provided to use as your assignment document.