Posted: December 2nd, 2014

economics

economics

Order Description

You are required to provide short answer responses to the following questions in your written analysis of this media article (above link is media report). The bullet points are issues to consider in preparing your short answer response.
What is the main issue presented in the media report? 150 words
• Discuss what has actually happened
• Highlight the reason for the issue being raised
( competitors, oligopoly, govopoly, add more information if you find any main issue)
Who are the key stakeholders that are impacted by the issue outlined in the report? 150 words each.
• Include a discussion of all groups that may be impacted by the issue raised in this report
• Explain HOW each group will be impacted
• (stake holders to be used are government, competitors, consumers )

What economic theories can be drawn from this media report? Each theory 200 words use only 4 theories.
• List and discuss what economic theories you can find in this article.
• Provide a brief outline of the theory you are highlighting
• Provide evidence from the article to support these theories. Remember there may be more than one theory to discuss.
• Use these economic theories with proper graphs , price stability, demand and supply, aggregate demand and supply, consumer preference, substitute goods or any other you find .
Are there any other issues in the article that you believe to be relevant? 150 words.
• This could involve a discussion of alternate action that you believe should be taken.
• If you had the ability to affect the situation what would you do?
Only use these 4 links to explain this report.
http://www.smh.com.au/business/comment-and-analysis/trouble-brewing-in-battle-over-beer-20140122-3191i.html
http://www.smh.com.au/business/craft-brewers-face-an-uphill-battle-20140122-3191n.html
http://www.abc.net.au/news/2013-10-30/an-craft-beer-boom/5058324
http://www.abc.net.au/news/2013-09-18/drink-choice-shifting-from-beer-to-wine/4966018
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