Week 4 (FRI) BM Session 1
Maximum 1000 words
Newspaper Analysis (Written report):
- Choose a topic from Micro economics that matters to you and find a recent news article covering that topic. –
Topic: Demand and supply of certain resources in Australia
Industries in Australia. Choose ONLY ONE industry out of this
PL see the additional guidelines provided for this assignment.
2) 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.
The economic analysis (2 to 3 paragraphs): Explain how you can
present the issue in terms of economic concepts and theories
you have learnt in class.
Explain your view (1 to 2 paragraphs): Explain what actions you
would recommend to the key players and/or policy holders.
Explain how the above analysis supports your conclusion (1 to 2
3) You may provide graphs/charts/diagrams where necessary to
enhance your presentation style.
4) Students need to submit ONLY the Soft copy and upload on BB bythat time.
1) Critical thinking skills
2) Clarity of writing and ability to express your ideas
3) Ability to use economic concepts and theories in the context of the
4) References at the end