topic is - Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes have been used to overcome this problem making criteria is mentioned in file uploaded and as follow- hoosing 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. application and your comments on the topic You need to attach the copy of the articles with your essay. You need to use the following sources for the articles to explain how theory (see above topics) works: Economist Australian Financial Review The Australian Sydney Morning Herald Some Academic research 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 Reference (Harvard Reference Style) Note: You must use 2 to 3 academic articles for this assignment (theory).• Micro economics – study of individual behaviour – individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry in Australia from this list and discuss the reforms been done in that industry. • Cost of production- in any industry in Australia where costs of production are an important issue and analyse what is being done in the industry. May be the industry is switching to technology or/and some substitutes have been used to overcome this problem • Demand and supply of certain resources in Australia and factors other than price which affect demand and supply • Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in any industry in Australia. • Elasticity of demand/supply• Cost and Revenue