Market Failures Occur Throughout the Economy - Economics Assessment Answer
- University :
Box Hill Institute Exam Question Bank is not sponsored or endorsed by this college or university.
- Country :
Australia
Market failures occur throughout the economy. Using an example of ONE market failure related to agriculture/agribusiness or another primary industry in the Australian economy, describe the government policy or policies that have been implemented. Explain the economic justifications for government policy/policies that has been applied to correct this market failure. In your answer comment on how effective the policy/policies have been.
Further Information
Clearly state the purpose of your essay, research the topic and include all relevant, up-to-date information.
Your conclusion should be based on evidence and theory, not on uninformed opinion.
The word count excludes, abstract, title page, appendix, citations and references.
When structuring your essay include:
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Title Page: title, name, date
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Introduction: Set the scene, the main topics that will be explained
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Body: cover key points, and a clear argument
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The essay content should be clear, concise and logical and answer the brief.
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(Do not discuss something other than what has been asked of you)
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Conclusion: state the results, restate the main ideas, do not include any new information.
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Citation needs to be done correctly.
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References: you must provide a least 6 references. Use a variety of resources such as journals, newspaper articles, books, appropriate websites, brochures, raw data and annual reports.
