Question 1:-
Apply the theory of supply and demand to analyze and make predictions about how policies affect market outcomes. Find a recent article (within the last 6 months) published in a credible news outlet that discusses a Government policy that affects a market in Singapore. Please choose an article discussing an issue as local and specific as possible.
(a) Briefly describe the policy and the market. Include the original article as an Appendix to the GBA submission (The article as an appendix attachment will be ignored for the purpose of plagiarism screening). Note: Your chosen policy may cover economic concepts from SU5 and SU6. Although these SUs do not form part of this GBA, your answer may make reference to these concepts if needed – but there is no expectation that your answer covers these concepts.
Buy Custom Answer of This Assessment & Raise Your Grades
(b) Analyse and discuss how the issue described in the article is expected to affect the market. In your analysis, ensure you address the following points: How, and why, is the policy expected to affect (or not affect) supply and demand, both in terms of potential shifts as well as changes in elasticity; What are the predicted effects (if any) on the equilibrium price and quantity. Provide a supporting graphical analysis.
Looking for best economics assignment writing online then go nowhere else and come at SingaporeAssignmentHelp.com. Our writers offer the best assignment assistance online to all the students studying in Singapore universities.
Looking for Plagiarism free Answers for your college/ university Assignments.
- ESG in Maritime Industry Assignment : Literature Review on Environmental, Social and Governance Practices
- CVE2332 Seepage and Flownet Analysis Assignment : Singapore River Cofferdam Case Study for Cost-Effective Sheet Pile Design
- DSWSH MC2 Electronic Security Assignment: Protection in Depth Plan for American International School (AIS) Singapore
- 6WBS0035/6 Digital Strategy Presentation Assignment: MNC Innovation Proposal for Global Growth
- PS6004EFA Project Assignment : Individual Research-Based Dissertation on Business and Management Topics
- Principles of Management Assignment 3 Report: Strategic & Ethical Analysis of MNC or SME Company
- Project Management Assignment: 1-Day Corporate Sports Tournament Planning
- Managing Across Cultures Assignment 2: Case Studies on McDonald’s, Fiat & Workplace Stereotypes
- WEB301 Green Plan 2030 TMA Report: Engaging Singapore’s Youth for a Sustainable Future through Online & Offline Communication Strategies
- Serial Position Effect Assignment: Quantitative Psychology Study on Memory Recall