HI5003 Economics For Business: Market Structure And Industry

HI5003 Economics For Business: Market Structure And Industry

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HI5003 Economics For Business

Questions:

Purpose:

This assignment aims to enhance students’ research and analytical ability through the application of their economics knowledge learned in the course unit to compose a company report.

The recommended assignment structure for final submission is as follows:

 Table of content

 Executive Summary (Optional)

 Introduction

 Introduction to the company

 Industry/sector background

 The market structure of the industry/sector

 Factors that influence demand for the company’s product(s)

 Factors that influence supply of the company’s product(s)

 Elasticity

 Impacts of an event on the industry/company

 Conclusion

 List of References

Detailed requirements of the assignment

You are a group of advisors to the Management Board in your company with Headquarters in Australia. As advisors you are first, required to conduct research on your selected sector/industry covering the previous 5-10 years. Second, you are required to present a company strategy to your Management Board covering the

next 5 years. Third, your Management Board requires that you make a presentation of your findings and strategies, and you prepare a 2,500 word market report.

The market report should, as a minimum, address the following key issues:

1. A description of your company and the industry your company

2. An analysis of the market structure the industry

3. A discussion about the demand and supply conditions for your product(s) or service(s).

4. A discussion about the demand elasticity for your product(s) or service(s)

5. An analysis of a recent event that has (or is likely to have) substantial impacts on your industry/sector.

Note: if your company has many products and/or services, you can select a representative product/service to discuss for points (2); (3); (4); and (5).

This report should provide useful information for your company’s Management Board. It should use a variety of resources, including the textbook, newspapers, industry reports, the ABS website, and other sources. 

HI5003 Economics For Business

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