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March 26, 2024

Economics Report Assessment

Economics Report Assessment

Introduction (400 words approx.)

  1. Introduce your chosen country and industry.
  2. Rationale for choosing the country including whether the country is developed or developing country. You can discuss any factor(s) that makes your country developed, developing, or an emerging economy.
  3. Rationale for choosing your industry including background information of your industry. Explain the market structure your industry belongs discussing the relevant features.

Main Body (500 words approx.)

  1. Discuss the macroeconomic environment and/or the economic system in your chosen country and use appropriate macroeconomic school of thought to support the country’s choice of economic system.
  2. Discuss the impact of the macroeconomic environment on your industry.

Economics Report Assessment

Economics Report Assessment

Analysis (1,200 words approx.)

The analysis part of your report should involve economic graph and data driven analysis. Remember this report is based on identifying the key challenges and opportunities in your industry. Therefore, using the impact of COVID-19 in your chosen industry is acceptable.

  1. Identify and discuss the factors affecting demand and supply in your chosen industry.
  2. How has COVID-19 impacted these factors (this is the opportunity for you to use economic graphs to show shift in demand or supply curve).
  3. Discuss the policies that can be used or has been used by government to intervene in the industry. What effect will these policies create (use macroeconomic graphs such as AD and AS to show the effect on the whole economy).
  4. Collect appropriate data on your country that can be used to reflect the impact of COVID-19 and how this created a problem for your industry.

Economics Report Assessment

Conclusion (300 words approx.)

  1. Summarise the report.
  2. Discuss some recommendations for your country based on your analysis.

Remember to use appropriate in-text citations across all your work and a list of references.

Note: This is a guide to help you structure your economics report. However, it is not compulsory to execute your work using this format. Feel free to adapt any format but it must be coherent. APA.