Demand and Supply in Australia

Choose a topic from Microeconomics that matters to you and find a recent news article covering that topic. Following are some of the topics from where students need to choose ONLY one topic: Monopolies, Duopoly and Oligopolies in Australia Demand and supply of certain resources in Australia Costs of production in the manufacturing industry in Australia Reforms in Education, Meat, Agriculture and Tourism Industries in Australia. Choose ONLY ONE industry out of this list.PL see the additional guidelines provided for this assignment. Evaluate the article using Economic concepts. You should include The essence of the story (1 to 2 paragraphs): Introduce the issue, who is interested in it and why. Explain how you can present the issue in terms of economic concepts and theories you have learnt in class. Explain what actions you would recommend to the key players and/or policyholders. Explain how the above analysis supports your conclusion.

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