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Bea111
BEA111 Principles of Economics 1

Short Essay Due Length Topic: The images below illustrate two important real world problems. Choose (1) one of the two images. For the image you choose write a brief essay which addresses each of the following:    Identify the real world problem depicted in the image and provide a brief overview of its importance Identify and carefully outline the economic explanation for why the real world problem occurs Identify (2) two policies that the government can use to address the economic problem that you have identified and explain how they would each work 2.00pm Monday 13th May (Week 11) 500 words  10 percent (excluding words in figures, tables, headings and references)

Format
Your answer should be in the form of a short essay, using the three tasks above as subheadings. Write your essay as an applied policy economist, not as a journalist or advocate. Your essay should be based on sound economic thinking and supported by analysis. Avoid using emotive or judgmental language. Your essay should provide clear and concise coverage of the policy related issue. It should be written using clear and economical language, have a logical structure and engage the reader. You may include diagrams, figures and or tables, all of which must be explained in the text of your paper. Footnotes and appendices should not be included. Check your essay carefully for spelling and grammatical errors. All relevant sources must be acknowledged and correctly referenced. The appropriate referencing style for this unit is the Harvard style: http://utas.libguides.com/referencing.While you are encouraged to discuss your ideas with other students you must submit a paper that is entirely your own work. If you use the words or ideas of anyone else in forming your argument or writing your paper the sources must be fully acknowledged. Failure to do so is plagiarism and constitutes academic misconduct.

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