Rock Lobster Import Ban

Rock Lobster Import BanThe purpose of this assignment is to explore how economic theory can be applied to the real world. You will be required to analyse a real life situation by looking at a number of news articles and reports that are tailored to the general public. These articles and reports are drawn from mainstream media sources and you are required to look at the economic theory as it applies to this issue.?This assignment requires students to integrate the theoretical knowledge they gain from lectures and tutorials with a practical business case study.Students must critically analyse the case study with reference to relevant economic theory as well as the practical application of this theory in a business environment.This assessment is to be presented as a written informal report.?Case Study TopicsFor students enrolled in BECO001 there are five (5) different case studies for this assignment. You will be allocated a case in your BABC001 class. The case topics are:Case Study #1 ? Alcopops TaxCase Study # 2 ? Rock Lobster Import Ban (this is my case study topic)Case Study #3 ? Holden SubsidyCase Study #4 ? Minimum WageCase Study #5 ? Milk Price WarWhat is required?Analyse the media reports provided and prepare a written report which addresses the following issues (and others you may think are appropriate):? Outline of the main issues of the case? Draw out any relevant economic theories in the case study? Discuss (check midcourse.net for the help you need) these economics theories as they apply to the case study? Use graphs, tables, charts to illustrate this theory? Discuss (check midcourse.net for the help you need) the effectiveness of any economic theories being put in place? Discuss (check midcourse.net for the help you need) potential solutions to any issues that may arise? Explore alternate actions (if appropriate) that could be taken to address any adverse outcomes of any economic theory appliedWhat format should the written report be?Your tutor will Discuss (check midcourse.net for the help you need) the format they wish to see in terms of your final report.The format should be similar to the format of your tutorial portfolio report. You should address the following questions in your written analysis of this media report.What is the main issue presented in the media report?? Discuss (check midcourse.net for the help you need) what has actually happened? Highlight the reason for the issue being raised? Outline what possible impacts this change could have.Who are the key stakeholders that are impacted by the issue outlined in the report?? Include a Discuss (check midcourse.net for the help you need)ion of all groups that may be impacted by the issue raised in this report? Highlight what you believe the main impacts will be and outline who you believe will be impacted most.What economic theories can be drawn from this media report?? List and Discuss (check midcourse.net for the help you need) what economic theories you can find in this article.? Provide a brief outline of the theory you are highlighting? Provide evidence from the article to support these theories. Remember there may be more than one theory to Discuss (check midcourse.net for the help you need).Are there any other issues in the article that you believe to be relevant?? This could involve a Discuss (check midcourse.net for the help you need)ion of alternate action that you believe should be taken?? If you had the ability to affect the situation what would you do?Word LimitYour written report should provide sufficient detail to address the main issues of your case study. I would expect that a word limit of 1500 words would be sufficient to adequately address the issues in your assigned case study.The word limit does not include the table of contents, references or appendices.??????????????????..the teacher send me massage :Purpose of AssignmentThe purpose of this assignment is to explore how economic theory can be applied to the real world. You will be required to analyse a real life situation by looking at a number of news articles and reports that are tailored to the general public. These articles and reports are drawn from mainstream media sources and you are required to look at the economic theory as it applies to this issue.?This assignment requires students to integrate the theoretical knowledge they gain from lectures and tutorials with a practical business case study.Students must critically analyse the case study with reference to relevant economic theory as well as the practical application of this theory in a business environment.This assessment is to be presented as a written informal report.?Case Study TopicsFor students enrolled in BECO001 there are five (5) different case studies for this assignment. You will be allocated a case in your BABC001 class. The case topics are:Case Study #1 ? Alcopops TaxCase Study # 2 ? Rock Lobster Import Ban (this is my case study topic)Case Study #3 ? Holden SubsidyCase Study #4 ? Minimum WageCase Study #5 ? Milk Price WarWhat is required?Analyse the media reports provided and prepare a written report which addresses the following issues (and others you may think are appropriate):? Outline of the main issues of the case? Draw out any relevant economic theories in the case study? Discuss (check midcourse.net for the help you need) these economics theories as they apply to the case study? Use graphs, tables, charts to illustrate this theory? Discuss (check midcourse.net for the help you need) the effectiveness of any economic theories being put in place? Discuss (check midcourse.net for the help you need) potential solutions to any issues that may arise? Explore alternate actions (if appropriate) that could be taken to address any adverse outcomes of any economic theory appliedWhat format should the written report be?Your tutor will Discuss (check midcourse.net for the help you need) the format they wish to see in terms of your final report.The format should be similar to the format of your tutorial portfolio report. You should address the following questions in your written analysis of this media report.What is the main issue presented in the media report?? Discuss (check midcourse.net for the help you need) what has actually happened? Highlight the reason for the issue being raised? Outline what possible impacts this change could have.Who are the key stakeholders that are impacted by the issue outlined in the report?? Include a Discuss (check midcourse.net for the help you need)ion of all groups that may be impacted by the issue raised in this report? Highlight what you believe the main impacts will be and outline who you believe will be impacted most.What economic theories can be drawn from this media report?? List and Discuss (check midcourse.net for the help you need) what economic theories you can find in this article.? Provide a brief outline of the theory you are highlighting? Provide evidence from the article to support these theories. Remember there may be more than one theory to Discuss (check midcourse.net for the help you need).Are there any other issues in the article that you believe to be relevant?? This could involve a Discuss (check midcourse.net for the help you need)ion of alternate action that you believe should be taken?? If you had the ability to affect the situation what would you do?!

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