代做ECON 7002- Semester 1, 2023 Markets in Action代写C/C++编程

ECON 7002- Semester 1, 2023

Markets in Action

The Chosen Firm

1. Introduction

1.1 Firm Characteristics (word count: 123)

(Briefly describe the nature and characteristics of the chosen company and its operating environment.) 

1.2 Market structure (word count: 123)  

(Outline the market structure of the market you have chosen. Also, argue for the price elasticity of demand and the price elasticity of supply of such product.)

2. Analysis of the government Intervention (word count: 123)

2.1 Describe one real-life example of the current or upcoming government intervention in the market that has been occurring or being reported on no earlier than 12 months before the submission date. A reference for this intervention must be provided. This is not for you to come up with the intervention by yourself.

2.2 Outline the announced reason(s) announced AND other potentially plausible (unannounced) reasons why the government want to enact the policy.

2.3 What do you think the intervention was meant to achieve?

2.4 Explain the means by which it could achieve this. How would this impact market suppliers and consumers?

2.5 (If applicable) How do the price elasticity of demand and the price elasticity of supply affect the magnitude of impact from this market intervention?

2.6 Note any unintended consequences of the policy. Briefly describe how they might arise.

2.7 List and briefly describe any other reasonable means the government possesses for achieving its stated aims. Explain why the government chose to implement its announced policy instead of adopting another approach.

2.8 Overall, who is likely to benefit and who is likely to be disadvantaged by the intervention? Is the company you chose likely to benefit or likely to be disadvantaged by the intervention?)

3. Cross Comparison (word count: 123)

(Provide other government intervention previously engaged in a similar market that was meant to achieve the similar outcome(s) as in section 2. Compare these outcome(s) to section 2.)

4. Critical Reflection (word count: 123)

(Critical reflection of the analytical approach, emphasising its strengths and weaknesses for the real world.)

5. Reference