Choose one of the question below.
You are reminded that in answering the question, you should make use of all available resources including the readings in the course syllabus, case studies, powerpoints and additional research from online sources.
You should submit an individual assignment and all answers should include a fully sourced bibliography including FIVE additional sources drawn from your own additional research.
Please also ensure you use concepts, diagrams and theories from the course readings in your answer as one of the goals of the final assignment is to demonstrate your mastery of the theories and your ability to apply them.
1. Examine the core cognitive theories of behavioural economics and how they may contribute to economic exclusion and discrimination. Provide real examples to support your arguments.
2. Analyze the main reasons why governments use competition policies to intervene in markets. Use real cases to support your arguments. [Hint: By competition policy, we are not asking you to examine price regulation of monopolies such as energy or telecoms].
3. “Monopolists are more likely to develop new innovations than firms involved in active price competition”. Discuss using examples from real business and industry examples.
4. “The COVID19 pandemic has had significant impacts on the global macroeconomy”. Discuss. [Hint: refer only to macroeconomic aspects not supply-chain/microeconomic aspects].
Word count up to 2500 words excluding appendices, diagrams, references etc.
