HI5003 Economics for Business Tri2 2016 (More in your unit outline) Topics for Individual essay DUE Class 6 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 – Choose any industry and discuss the reforms done or needed in that industry. • Demand and supply of a product of your choice and factors that affect the demand and supply sides of the market. • Market structures like Monopoly, 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 Note= - 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 provide a link to the article with your essay. Also attach the safe assignment report with your essay, if a hard copy is required. - Upload the soft copy on BB by Fri 5pm week 6.