Microeconomics

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1. The balancing of supply and demand

2. Production costs

3. Perfect competition

4. Monopoly and how the existence of a single dominant supplier for a commodity affects the | marketplace, and Consumer demand theory

5. Opportunity costs.

6. How do Cartels manipulate the price of oil and gas?

7. What is a Veblen good? Discuss what products the Consumers buy for the pride of owning it in addition to its value. 8. What is the impact that supply and demand have on pricing?

– Choose any topic and write a report about it (minimum 1000 word)

– Copy and paste is not allowed you will lose marks.

– Submit the report in the link of the Assignment | last day of submission 4 April 2018

– Individual Assignment

Report structure:

1, Cover page (Course name, student name and ID and Lecturer name)

2. Introduction

3. Main body

4. Conclusion

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