write an essay using the economic knowledge that you have learnt to discuss factors behind the decisions of
individuals and/orfirms in a particular market.
Aims
Understanding how economic principles are at work in a real life context enables you to discuss the
factors behind business decisions in a particular market.
This assignment will assess your ability to:
analyse a media article to explain
economic factors show an understanding of how economic theories are applied in practice
use graphs to illustrate demand and supply curves
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