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You need to pick a market to analyse, it must have had a market shock (unexpected change) in 2020

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You need to pick a market to analyse, it must have had a market shock (unexpected change) in 2020. It cannot be a market with price fluctuations like petrol prices, which always occur so are expected, or one that has seasonal variations which are expected - like snow ski ticket sales in summer compared to winter. The word limit is 1000 words.

• The impact of COVID-19 on international travel services, cafes, clothing shops in shopping centres, Bars, Clubs, Leisure Centres (all negatively impacted) or positively impacted Bunnings / hardware stores, streaming services, food delivery, online house party apps, online dating apps, cyclist stores (how many bike riders are there on the bike tracks, me included!!)

 

Pick something that interests you, but one you can also apply the economic concepts.

Structure your essay. It needs:

• An introduction - short and sweet introducing the topic and market in 3 sentences
• A paragraph describing the market - the market overview
• One - two paragraphs analysing the impact of the market shock / change - apply as many
• economic concepts as you can from weeks 1- 8
• A conclusion summarising your findings

Include a chart or graph you have created yourself; this will demonstrate you can apply the concepts discussed in workshops and lectures to your market. If you aren't a computer whiz, it is fine to hand draw the graph, take a photo of it and insert it into your essay.