Question: Discuss about the Second National Seminar and Fair. Answer: Introduction The Himalayan Kingdom of Nepal is a small landlocked country wedged between the two countries, India and China. Nepal is claimed to be a magical land. The beauty of the Himalayas is of mythical quality and adds a surreal and heavenly feel about this country. Nepal is a land of different climates. The variance in climate from tropical to arctic...Read More
Question: Discuss about the Market structures like Monopoly, Oligopoly and Monopolistic competition in Australia. Answer: Introduction Australia is experiencing the influence that existing market structure have on its economy. Today, there are scores of firms which have characteristics of oligopoly, duopoly, monopoly and monopolistic competition. Therefore, before understanding how their operations are diversified in the eco...Read More
Question: Discuss about the Choose any Industry and Discuss the reforms done or needed in that Industry. Answer: Introduction For this research essay, I would like to choose the education industry of Australia as a research industry. The Australian education industry is a fast growing industry in the world. Along with this, there can be seen continuous development in the education industry of the nation. The international ed...Read More
Question: Choose any Industry and Discuss the reforms done or needed in that Industry. Answer: Introduction For this research essay, I would like to choose the Australian agriculture industry as a research industry. The agriculture industry contributes in the economic growth of Australia. Along with this, the Australian agriculture industry is one of the most refined and exceedingly specialized ventures in the world. ...Read More
Question: Discuss about the Vital Contributor to the Australian Economy. Answer: Introduction. Predominantly, education is a vital contributor to the Australian economy. Primarily, a skilled labor force emerges from better training and education thus the reason for most government investing in their respective education sectors of their economies. Further ,The Australian government has but in measures to encourage equitable ...Read More
Question: How to the Reforms in the Australian Education Sector? Answer: Introducation: Notably, most economies in the world recognize education as the backbone of a skilled labor market thus the various investments into the education sector by most governments in the world. According to Hare and Uren in their 2017 publication, any reforms in the education sector will affect the performance of other sectors of the economy....Read More
Question: Discuss about the Market Structure and Innovation Policies. Answer: Introduction The topic chosen for this discussion is the monopoly market structure. The article selected to held delve deep into this topic is entitled “uber replaces one monopoly with another” The article sought to explain how Uber was compelled to avail its reasons for dumping the drivers (Jean-Paul, David and Fanny 2016)....Read More
Question: Discuss about the Department of Agriculture and Economic Research Service. Answer: Introduction In the context of microeconomics, demand and supply are two key components of economic model or economic theory. Both these components play a significant role to determine the price of a commodity in a market. The demand points toward the quantity of a product or service that buyers want to acquire at a pre-determined pr...Read More
Question: Write about the Demand and Supply of Liquefied Natural Gas in Australia. Answer: Introduction Article Summary The article “Malcolm Turnbull is forcing Australia's gas producers to curb local prices” by Sarah Kimmorley on 27th April 2017 demonstrates the current demand and supply of Liquefied Natural Gas in Australia. Australia is having a shortage of liquefied natural gas and hence high price for th...Read More
Question: Discuss about the Micro Economics for Energy Industry. Answer: Introduction The topic chosen for this critical analysis is the Micro Economics: Energy Industry in Australia. The main focus addressed in the article selected is the urgently needed reforms in Australia’s energy system. Particular areas of reforms in Australia have been highlighted in the article relating to the energy policy problems. The article ...Read More
Question: Discuss about the Fiscal Policy of Australia Effects on Australian Economy. Answer: Every government of each nation implement a different type of macroeconomic policies to enhance its financial growth and maintain the economic balance of the country. Two different sorts of macroeconomic policies are used by each government that are known as Fiscal Policy and Monetary Policy (Wade, 2015). Fiscal policy can be better ...Read More
Question: Discuss about the Cyclical Unemployment and Structural Unemployment. Answer: Introduction: Countries focusing on economic development at all levels consider unemployment as a pain-staking affair that makes the whole system’s process vulnerable. It brings poverty along with desolation from the conventional way of life. It is described as an observable fact that takes place when an individual who is vigorously ...Read More
Question: Discuss about the Cyclical Unemployment Changes Management. Answer: Introduction: For a long time now, unemployment has been a major issue globally. Today, the continued loss of employment opportunities in the Australian economy has brought about a significant increase in unemployment in the country. Primarily, persons are considered unemployed if they fail to work for approximately one paid hour per week, yet they...Read More
Question: Describe about the Market Structures In Australia for Market and Characteristics. Answer: Introduction Market structure is the organization of a given market, policies guiding the market and characteristics of the market. Market structure can also be regarded as a reflection of the critical aspects in a given market. A market structure constitutes of factors such as the number of companies within a given industry, categori...Read More
Question: Discuss about the Economics for Australian Economy. Answer: Introduction A variety of market structures are at play in the Australian economy. Out of these, one that is the most common is undoubtedly oligopoly. Thus type of market structure refers to a situation when there are only a limited number of sellers in the market. One of the specific conditions under oligopoly is called as duopoly which essentially refers t...Read More
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