Friday, September 20, 2013

economic theory


This assignment is designed to test your understanding and your ability to effectively apply economic theory. You will be given a newspaper
article and be required to 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. Detailed information including the article will be posted on course website in week 3, and
the assignment is due in week 6.
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
Task Description
Read the article available for downloading and answerthe accompanying questions. Detailed information, including the text
ofthe article, will be posted on the course website in week 3.
Submission Instructions
Your assignment must be submitted through the
Gradebook link on the learnonline site.
Feedback
A copy ofthe Feedback form is provided on the learnonline site at.
Resources
A number of
resources are available to assist you with this assignment:
FAQs and Hints forAssignment 2 underAssessment Task and Grades
A guide to the
Assignment Process can be found underAssignments & Exams for Business at the L3 UniSA Business School
site
http://resource.unisa.edu.au/mod/book/view.php?id=26366
A series of guides to Organising yourwriting can be found at the L3 UniSA
Business School site

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