I’m working on a economics question and need support to help me understand better.The market power leads to deadweight loss (DWL). Therefore, the government should always restrict market (monopoly) power. In addition, in order to be fair for every industry or market, the market power should be regulated to the same degree. Argue for or against this statement using both economic theory and real life examples. 10 references at least Economics Essay Structure:
The report is divided into sections, often something like this:
Section1: Introduction Must include: Motivation: how important of your essay; answer the essay question Essay outline: at the end of this section, briefly summarize the contents of the rest of the essay, section by section. Expectation: stimulating introduction that is concise and written clearly to encourage the reader to read the remainder of the essay. It contains the structure of the essay telling the reader briefly what is discussed in each section of the essay. Section 2: Main body (You need to name section 2) Decide on the most logical order of your paragraphs: there should be several subsections (denoted as Section 2.1, 2.2, etc.)
Application of economic theories, critical analysis of government intervention
Within each subsection, application about the economic theory, discussion of related empirical examples, critical analysis of government interventions, etc. should be provided.
Explain the key points supporting your argument.
Section 3: Conclusion Expectation: conclusion is logical and concisely summarising the analysis and/or findings. The conclusion should not include any new information.
Section 4: References A list of the resources that you have referred to in the essay must be provided, ordered alphabetically by the first author’s last name (using the APA Referencing system)
Requirements: 1900