A coherently written and appropriately referenced essay, not exceeding 1000 words (+/-10%, title and references excluded), is to be handed in via StudyNet by Monday 9 December 2013 no later than 23:00. The mark for this assignment is worth 70% of the overall coursework mark.
Choose one of the following questions.
1. What determines the price of a Louis Vuitton bag?
2. Using welfare analysis, assess the economic effects of price controls in the energy market.
The essay is to clearly comprise an introduction, a development in two main parts, a conclusion, and a set of references. You may use a graphical representation to illustrate a point you’re trying to make but generally speaking this is neither necessary nor recommended. No non-professional references are allowed. Up to 5 points will be attributed for proper referencing. Please use either Times New Roman, 12, or Arial, 11. Margins should not exceed 2.5 and line spacing should not exceed 1.5. Your essay should include a wordcount.
Please read the module guide and the essay guidelines very carefully before submitting your assignment.