Analyse the importance of market regulation by the government.

Grade 8A Business

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1. Government plays important role in the development of the country. Through various measures it directly or indirectly regulates the market activities. 
2.   
3. 5.1.1:Discuss up to what extent you are satisfied that government influence on the market increases productivity and efficiency in the country.    

Last date for Submission: 

 April 20th,  2014

Please Write Your Response in 750 Words

Note: 

Marks allocation for this article is 20.

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Evidences in the support of explanations 5 Marks

Competition: Discuss whether the advantages of a monopoly are greater than its disadvantage.

Competition: Daily Test 1 Solutions

Grade 8: Daily test paper solution

Discuss whether an ageing population should always be regarded as an economics problem.

Grade 9: Population

Discuss whether perfect competition is always to be preferred to monopoly.

Grade 8 Economics

A company is making losses. Discuss what policies its might adopt.

Grade 8 Economics: Compare you work sheet with this sheet  and do self evaluation. 

Discuss Whether consumer will always benefits from the advertisements.

Grade 8 Economics: Compare your work on the practice sheet with this solution sheet. 

Topic 7.2: 1) Solutions March 16, 2014

Topic 7.2: 1 Best measures to control population

Generally it is said that the high population growth rate in the developing countries is a biggest drag on their development. 

1. Up to what extent do you agree that Government should take strong actions to control the rapid population rise in the country. Discuss.

Solution:  

Introduction: 

Rapid rise in the population of the country has become a big problem for some countries like India, China Indonesia, Pakistan, Bangladesh etc. Governments in these countries finding difficulties in allocating the scarce resources on one hand and on the other side the demand for the quality goods and services is rising rapidly resulting in a socio-economic problems in a country.   

Its important to control the rapid rise of population before the economic situations goes out of control. 

• Quick to control the population through rule and regulation like One child policy in China
• Its easy to achieve the optimum population level with force to create the right balance between the population and the resources
• Government regulations can manage the population growth more effectively and efficiently
• Rapid population rise is more influenced by high birth rate which due to certain social and religious reasons. So their are very less chances people themselves will take effective measure to control the population, so its important for the government to step in control the population rise.
• Rapid population rise is more influenced by individual or micro societies but the problem comes at the macro economic level. So government is at the better position to control these micro societies which may tilt the population structure and create life long social problems in the society.  

Governments interference in the decision making process of family may create many anomalies in the society and  should not adopt strong actions for family planning measures

• Family planning is strictly induction choice which much be left to individual family as its a right of family to decide its own size
• Forceful family planning may agitate the family and as a whole society and create social unrest in the civic society
• One child policy in China drastically influenced the labour force in China
• Force policies has encouraged the societies to go for illegal sex selection and give rise to problem of gender ration in the society. 
• In some of societies its has encourage corruption as resource full people by pass the laws by paying the money

Note: students can use other relevant reasons in the support of their answers. In discuss questions its important to present a reasoned arguments. 

  

Conclusion:

To decide the family size is the basic right and no one has a right to interfere in it. Government should not make rules and regulation it may back fire in the form of different types of social irregularities.   

(Its important to present well argued conclusion which must favour one side, it can be in favour or against. Important is your well developed reasoned logics) 

Topic 4.4: 3) Solution March 16 2014

Topic 4.4: 3) Discuss whether consumers would always want to be supplied by firms in perfect competition rather than by a monopoly. 

Solution: 
Introduction: There are large  no. of seller in the perfectly competitive competitive market who sells their product at same prices. Products are generally homogenous by nature and give undiscriminated access of product to all consumer. Monopoly represents a single firm producing or controlling the market to set the price by manipulating the production level in the market.

Reasons for which consumers favours perfect market: 

• comparatively lower prices
• prices remain same at all places
• consumer free to buy as much at same prices
• well informed consumer about the firms and its products
• wide choices to selecting selecting products out of large no. of producer firms
• firms are more responsive to consumer's grievances
• efficient firms as market is highly competitive

Reasons for which consumer not favours perfect market:   

• more of theoretical concept where such market really does not exist
• duplication of products for consumers
• consumer have to satisfy with same type of product
• no individuality for  consumers as all have access to same type of product
• consumer satisfaction is low as all are using same product
• lacks access to innovative products 

(Can use other logical explanations ) 

Conclusion: 

Conclusion must be one sided representing the strong argument given. List like approach is not appreciated by the Cambridge so you should write complete sentences for gaining good score. Here in this case we can say that consumer will not favour perfect market as this only a theoretical market, provides substandard products and forces them to buy same type of product without any individual choices. 

Topic 4.4: 3) Consumer favours perfect market or monopoly.

Grade 8B Business

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Case Studies based Question

1. Monopolies around the world are very strong in their marketing strategies. These companies generally spent significant amount of money on the promotion and protection of the market. Consumer benefits by getting more cost effective efficient innovative products. As compare 
2.  Discuss whether consumers would always want to be supplied by firms in perfect competition rather than by a monopoly. 
3. 
   
4. 
   

  

Last date for Submission: 

 March 16th,  2014

Please Write Your Response in 1000 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks

Topic 4.4: 3) Consumer favours perfect market or monopoly.

Grade 8C Business

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Case Studies based Question

1. Monopolies around the world are very strong in their marketing strategies. These companies generally spent significant amount of money on the promotion and protection of the market. Consumer benefits by getting more cost effective efficient innovative products. As compare 
2.  Discuss whether consumers would always want to be supplied by firms in perfect competition rather than by a monopoly. 
3. 
   
4. 
   

  

Last date for Submission: 

 March 16th,  2014

Please Write Your Response in 1000 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks

Topic 4.4: 3) Consumer favours perfect market or monopoly.

Grade 8A Business

________________________________________________________________________

Case Studies based Question

1. Monopolies around the world are very strong in their marketing strategies. These companies generally spent significant amount of money on the promotion and protection of the market. Consumer benefits by getting more cost effective efficient innovative products. As compare 
2.  Discuss whether consumers would always want to be supplied by firms in perfect competition rather than by a monopoly. 
3. 
   
4. 
   

  

Last date for Submission: 

 March 16th,  2014

Please Write Your Response in 1000 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks

Topic 7.2: 1 Best measures to control population

Grade 9 Business

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Case Studies based Question

1. Generally it is said that the high population growth rate in the developing countries is a biggest drag on their development. 
2. Up to what extent do you agree that Government should take strong actions to control the rapid population rise in the country. Discuss. 

  

Last date for Submission: 

 March 16th,  2014

Please Write Your Response in 1000 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks

Problem of greying population

Grade 9 Business

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Case Studies based Question

1. Discuss whether the population problems found in the developing world are the same as those found in the developed world

  

Last date for Submission: 

March 10th,  2014

Please Write Your Response in 500 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks

Perfect Competition Vs Monopoly in terms for prices and output for consumers

Grade 8C Economics

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Case studies based question

Perfect competition is one type of market structure with a number of distinctive characteristics. It is often compared favourably with monopoly.

2. Discuss whether pricing and output policies in perfect competition are more favourable to the consumer than those in monopoly. 
3. 
   

Last date for Submission: 

March  10rd,  2014

Please Write Your Response in 500 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks

Perfect Competition Vs Monopoly in terms for prices and output for consumers

1. Grade 8B Economics

   
   

   ________________________________________________________________________
   Case Studies based Question
   
   
   
   
   Perfect competition is one type of market structure with a number of distinctive characteristics. It is often compared favourably with monopoly.

   2. Discuss whether pricing and output policies in perfect competition are more favourable to the consumer than those in monopoly. 
   3. 
      
   Last date for Submission: 
   
   
   March  10rd,  2014
   
   
   Please Write Your Response in 500 Words

   Note: 

   1. Write with references.

   2. Market evidences in support of your reasons.

   3. Marks allocation for this article is 20

       Rubrics for Marks.

       A. Theoretical Explanation 5 Marks

       B. References. 5 Marks [Use Harvard referencing style]

       C. Use of Key words. 5 Marks

       D. Examples from various Markets 5 Marks

Perfect Competition Vs Monopoly in terms for prices and output for consumers

Grade 8A Economics

________________________________________________________________________

Case Studies based Question

Perfect competition is one type of market structure with a number of distinctive characteristics. It is often compared favourably with monopoly.

2. Discuss whether pricing and output policies in perfect competition are more favourable to the consumer than those in monopoly. 
3. 
   

Last date for Submission: 

March  10rd,  2014

Please Write Your Response in 500 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks

Evaluation Scores

Grade 8 and 9

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In Case Studies Question grade allocation will depend on the following marks distribution chart. Your marks will represents your efforts to compile economic theory, references, originality and use of information from the mentioned articles in the completion of assignment.

A*: Score >= 90 [Excellent Work]

A : Score >= 85 [Great work]

a : Score >= 80 [Good Work]

B : Score >= 75 [Well Done]

b : Score >= 70 [Ok]

C : Score >= 65 [Thanks]

c : Score >= 60 [Not acceptable, so you should do it again]

D: Score >= 55 [oh, you need to be serious in completing                               task]

d: Score >= 50 [You are capable of doing much better lets                               discuss .]

 

How to reduce poverty?

Grade 9 Business

News 1: Government gives more time to 115 special economic zone developers for executing projects (Economic Times)

News 2: Ministry of Rural Development demands Rs 1000 crore more for socio economic and caste census (Economic Times)

News 3: Obesity quadruples to nearly one billion in developing world (BBC)

News 4: World Bank pledges $2bn development aid for Burma (BBC)

News 5: OECD links fall in development aid to financial crisis (BBC)

News 6: UK green policy risks development, say Scots ministers (BBC)

News 7: France backs Niger in talks with Areva over uranium mining (Guardian)

News 8: The Human Development Index: What does it mean for T&T? (Guardian Media)

News 9: Update of World Development Indicators database (World Banks Data)

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Case Studies based Question

Please read above mentioned news articles and use the information in preparing your article for the given question. I will appreciate if you use other referenced information in support of your answer.   

 

  Explain the important indicator of Development. Evaluate the important approaches under taken by a government to reduce the proportion of population with lower human development.

[Can select any country]   

Last date for Submission: 

February 23rd,  2014

Please Write Your Response in 500 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks

Who benefits more from competition: Consumer, firms or government.

Grade 8C

News 1: Increase Competition Among Banks to Help Small Businesses

News 2: Energy: Is there enough competition in the market?

News 3: Cement firms to face more competition after inquiry

News 4: Can India's traditional family firms beat competition?

News 5: More competition in banking depends upon a more feasible plan

News 6: Competition Commission orders two healthcare groups to sell nine hospitals

News 7: European Commission rejects Google's latest proposals to settle antitrust case

News 8: Car insurance too high, says Competition Commission

News 9: Google, the EU and antitrust Search over: The third attempt at a settlement is likely to be the last

News 10: Ed Miliband to call for banking competition inquiry

Grade 8C

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Case Studies based Question

Please read above mentioned news articles and use the information in preparing your article for the given question. I will appreciate if you use other referenced information in support of your answer.   

In business competition encourages the firms to be more efficient, productive and cost effective. It helps them to gain greater market share, maintaing higher profits and boasting themselves as a market leader. But all this comes at a cost. Firms spends lots of resources to maintain their advantage over the rival firms through price and non price competing strategies. 

  Discuss up to a what extent you agree that competition is more beneficial to consumers then to firms as it provides them better goods and services.    

Last date for Submission: 

March 2nd,  2014

Please Write Your Response in 500 Words

Note: 

1. Write with references.

2. Market evidences in support of your reasons.

3. Marks allocation for this article is 20

    Rubrics for Marks.

    A. Theoretical Explanation 5 Marks

    B. References. 5 Marks [Use Harvard referencing style]

    C. Use of Key words. 5 Marks

    D. Examples from various Markets 5 Marks