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ACTY5270: Investigate Resource Allocation Efficiency Growth And Other Major Economic Performance Concepts: Economic Principles Assignment, UO, New Zealand

University University Of Otago (UO)
Subject ACTY5270: Economic Principles

Learning outcomes 

LO1: Investigate resource allocation, efficiency, growth, and other major economic performance concepts

LO2: Apply demand and supply analysis and elasticity concepts to relevant economic issues

LO4: Evaluate the limitations of the market and the role of government intervention

Aim of the assessment

This assessment will develop the ability to think critically about the social and economic outcomes of unregulated markets. It will develop research skills through the search for cases of government intervention and in finding associated commentary. It will develop the ability to analyze the effectiveness of government intervention through the application of the demand and supply model. It will foster individual critical thinking in the making of recommendations on policy initiatives.

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