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MICROECONOMICS ESSAY COURSEWORK

1. This assignment will take the form of an individual essay, and carries 50% weighting towards the overall marks for the module. 2. State clearly which question you are answering. 3. Your answer should be strictly no longer than 2000 words. If you exceed the stipulated word limit by up to 10%, no action will be taken, although you may receive negative feedback. If you exceed the word limit by more than 10%, your mark will be reduced by 10%. 4. You should use a wide range of academic sources (i.e., textbooks and journal articles). Online dictionaries, Wikipedia and other websites are not reliable source of information and should not be relied on. 5. You are required to reference all sources used consistently and accurately using the Harvard Referencing style (for guidance see the library webpage). If your bibliography is not up to standard, your mark may be reduced by up to 10%. NB: Simply re-writing the theory from a textbook (or a set of various websites) is not sufficient for a good mark. You need to apply the theory (i.e. provide examples and explain why they are relevant) and analyse your problem / case study / industry using the theoretical model. Also make sure that you focus on the actual question asked. If your essay is perfectly written, contains no mistakes, but purely theory-based and does not answer the question, you are unlikely to get more than a bare pass. Essay question: Explain the meaning of economic efficiency using the concepts of consumer surplus and producer surplus (500 words, 25% of assignment marks). Discuss whether perfect competition is more efficient than monopoly and under what circumstances monopoly can be as efficient as perfect competition (1000 words, 50% of assignment marks). Present a real world case where you can identify welfare improvements in moving from monopoly to perfect competition (500 words, 25% of assignment marks). Textbooks: • Pindyck, R.S. and Rubinfeld, D.L. (2008) Microeconomics. 8th ed.: Prentice Hall ; Chapters 1 to 5 • If you can’t access a recommended text, it’s better to read a relevant chapter in ANY Microeconomics textbook than nothing at all. Harvard paper format
1. This assignment will take the form of an individual essay, and carries 50% weighting towards the overall marks for the module. 2. State clearly which question you are answering. 3. Your answer should be strictly no longer than 2000 words. If you exceed the stipulated word limit by up to 10%, no action will be taken, although you may receive negative feedback.
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Assignment ID
147805
Discipline
Type
CREATED ON
March 31, 2017
COMPLETED ON
April 1, 2017
Price
$30
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Juody
September 22, 2017
Juody
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odenis3785
September 21, 2017
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Roxanna Robledo
September 21, 2017
Roxanna Robledo
Perfect !!