New

Learn smart - Learn online. Upto 88% off on courses for a limited time. View Courses

Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader
Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

Stuck on Your Question?

Get 24x7 live help from our Top Tutors. All subjects covered.

loader
250 words

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Students Who Viewed This Also Studied

0 Page
Monopolistic Competition and Oligopoly

...

Course

ECON101

Subject

Economics

University

Saylor Academy

Season

spring

21 Pages
ECN115A Economics of Development

Questions: Part I: True/False and Justify: For each of the following statements, choose whether it is true or false and justify your choice with a brief explanation. Question 1: Impact evaluatio ...

Course

ECN115A

Type

Course Work

Subject

Economics

University

University of California

0 Page
Demand Marginal Revenue

...

Course

ECON101

Subject

Economics

University

Saylor Academy

Season

spring

0 Page
The Long Run Supply Curve

...

Course

ECON101

Subject

Economics

University

Saylor Academy

Season

spring

ECON7060-Evolution of Economic Systems

Question

Answered

Task Description

It is now around a decade since Australian entrepreneur Shane Condon devised Project Iron Boomerang, in which a 3000km railway line would link the Queensland's Bowen Basin's coal resources to the iron ore resources of Western Australia's Pilbara mines. At each end of the railway steel production would take place for export markets, with iron ore being sent eastwards and coal being sent westwards. But few people seem aware of the idea and nothing much seems to have happened despite bold initial claims. Early on, some commentators dismissed the project on the basis that Australian wages were simply too high for the steel to be made for a competitive international price. Althugh the project is envisaged as a private sector venture, its sheer scale and potential implications for regional development mean that it attracts the attention of State and Territory governments, especially with the Australian dollar now far lower than it was at the time the project was first proposed. 

Imagine that you are an economist working for the Department of Premier and Cabinet in the Queensland Governement and have been asked to prepare a critical analysis of the project as a briefing for the Queensland Premier, who expects the Western Australian Premier and Northern Territory Chief Minister to raise the future of the project when the all meet in mid 2019. Your expertise in the evolutionary/complex systems approach to economics is the reason that you in particular have been asked to write this briefing, since previous advice has been informed by traditional economic thinking and the Premier is keen to know whether your approach leads to different perspectives on the feasibility and potential impact of the project.

You have been asked to limit the briefing, with a one-page exective summary, with the briefing using double-line spacing.

Marks will be awarded for:

(i)   Evidence of the extent of relevant reading that has been undertaken, both in terms of breadth and depth, especially from the scholarly literate rather than merely referring to media reports and sources that have not been peer reviewed.

(ii)  Grasp of theoretical issues/absence of mistakes in explaining key concepts.

(iii) Insight, critical thinking and creativity evident in applying theoretical perspectives to the topic.

(iv)  Quality of writing and presentation, given the  target audience.

(v)  Accuracy and consistency of referencing.

In relation to (iii), note that if you are merely reporting what others have said and showing you have understood it, then you will be unlikely to score more than 4/8 on this criterion;  we want to see evidence that you can make original connections and/or display critical insight by using the theory yourself.

In relation to (v), it is recommended that you put your reference list together using EndNote and use the default APA format

ECON7060-Evolution of Economic Systems

Answer in Detail

Solved by qualified expert

Get Access to This Answer

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

13 More Pages to Come in This Document. Get access to the complete answer.

MyAssignmenthelp.com strives to deliver quality content to students of USA and deliver assignment writing services as per individual assignment assistance. We have built up a pool of 3800+ assignment experts who provide academic writing help in more than 100+ subjects. Our skilled and experienced assignment writers deliver custom-made assistances, and they offer need-based university assignment help to students as per their assignment demands.

More ECON7060 ECON7060-Evolution of Economic Systems: Questions & Answers

Q
icon

We aren't endorsed by this University

Monopolistic Competition and Oligopoly

...

View Answer
Q
icon

We aren't endorsed by this University

ECN115A Economics of Development

Questions: Part I: True/False and Justify: For each of the following statements, choose whether it is true or false and justify your choice with a brief explanation. Question 1: Impact evaluation is a powerful method to measure the True ATE, but can be difficult in practice since it can be pro ...

View Answer
Q
icon

We aren't endorsed by this University

Demand Marginal Revenue

...

View Answer
Q
icon

We aren't endorsed by this University

The Long Run Supply Curve

...

View Answer

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

Choose Our Best Expert to Help You

icon

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?