Project #89270 - Economics Essay 2000 words.

READING Students are strongly urged to purchase a copy of John Sloman and Dean Garratt (2013) Essentials of Economics, 6th ed. Harlow: Pearson. (ISBN 978-0-273-78379-4) This is the book around which the course is structured. There is no shortage of relevant reading material, but a good guide to understanding the economics-related content of news media is this: Kevin Boakes, Reading and Understanding Economics, Harlow: Financial Times/Prentice Hall, 2009. ( Assignment This project facilitates deeper knowledge of a particular research topic whilst developing students’ research and analytical skills. Simple description is not sufficient. Students will choose a research question from the list below. The written report should be submitted in Lecture 11 (17 November). 

Length: approximately 2000 words. Should incluce correct citation

TOPICS

1. According to the textbook there are three economic models: the command economy, the free market economy, and the mixed economy. Apply these models to different examples taken from Finnish economic life, and explain the strengths and weaknesses of each system.

2. Conduct a survey of locally competing high street retailers. Look for price variations, special offers, after-sales service, and any other ways in which they are trying to attract customers. Are the retailers really competing? What is each retailer trying to achieve? What sort of market structure best describes the situation?

3. What are the arguments for and against statutory price controls? Test these arguments by using real-life examples.

4. Food and grocery retailing in Finland is very concentrated. A few large companies dominate the market, using various marketing techniques to enhance their position. Should the Finnish government intervene to impose greater competition? Justify your answer with reference to theory and examples.

5. Using the theory of perfect competition, explain how traditional high street retailers can remain successful in an age of online shopping. What sort of advantages can be exploited? How does this relate to marketing theory and practice? Illustrate your answer with examples.

6. World food/oil prices have been fluctuating in recent times. Examine the reasons for this, and discuss how higher food/oil prices might change the behaviour of Finnish companies and consumers, as well as that of the Finnish government (choose either food or oil).

7. “Free markets” rarely apply to agriculture. Since joining the EU, Finland has participated in the Common Agricultural Policy. Before that Finnish farmers were given direct assistance by the Finnish government. Explain why this should be necessary (or not), using examples.

8. Helsinki, Vantaa, Espoo, Kauniainen and now Kerava coordinate public transport together via HSL. Explain briefly how the system works. In greater detail, discuss why, or even if, it should be necessary. Consider the effects on both individuals and the economy as a whole, with reference to economic theory.

9. How effective is taxation as an influence on economic behaviour? Explain your answers with reference to economic theory and real-life examples.

10. Explain the reasons behind Finland’s system of penalties for traffic violations. Is this an effective deterrent? Is it fair? Explain your answer with reference to economic theory.

11. Should governments provide assistance to start-up businesses? Is it effective? Is it necessary? Is it desirable? Explain your answer with reference to economic theory.

12. In order to restrict the amount of carbon emissions produced as a result of industrial manufacturing and energy consumption, the European Commission has implemented a system of carbon permits. Explain how this system works, and analyse its effectiveness. 

(Plagiarism, or copying the work of other people without attribution, is strictly forbidden. Lecturers are not paid to assess the content of internet pages. Copying and pasting is not acceptable as a substitute for real research and writing. Assignment work is valuable only when you express your ideas in your own words. There will be occasions where you can quote the work of others, where appropriate. This is acceptable in moderation, and only when full attribution of the source is provided. In cases where plagiarism is identified, the work will be failed automatically, without any further chance of submission. Where plagiarism is suspected, students will be asked to explain the relevant passage, to the satisfaction of both the course lecturer and another, independent lecturer. Where both lecturers agree that the student does not properly understand the passage and/or cannot reproduce the passage without recourse to other materials, the work will be failed, without any further chance of submission. You will not be penalised for poor English language skills. You will be penalised for plagiarism. DON’T DO IT!!)

Subject Business
Due By (Pacific Time) 11/17/2015 12:00 am
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