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Economics for business Essay Questions 1) The current economic crisis has required government intervention in the market to stimulate demand

Economics Mar 10, 2021

Economics for business

Essay Questions

1)

The current economic crisis has required government intervention in the market to

stimulate demand. Discuss the role of supply side policies in creating demand and

evaluate the influence on an organisation of your choice.

(25 marks – 1000 words maximum)

2.

Discuss the arguments for and against trade barriers as a method of protecting

industry and promoting economic growth. Provide examples from your own research.

(25 marks – 1000 words maximum)

3.

Using current examples, evaluate the way in which government intervention may be

necessary where markets are imperfect.

(25 marks – 1000 words maximum)

4.

The demand for labour is a derived demand. Discuss the impact of elasticity of

demand for a good or service on the wage rate a worker receives. Illustrate with

examples from your own research.

(25 marks – 1000 words maximum)

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