Microeconomic Analysis Report on Apple IOS and Google Android duopoly, with relation to the game theory method.
Assessment Task 3 (50 marks)
Using the model Game Theory, perform a microeconomic analysis of one appropriate economic issue or phenomenon of your choice. Clearly explain your chosen question, method and conclusions. Comment on the link between market structure and performance for your chosen issue.
Assessments 3 has limit of 1500 words to be submitted on 23 October 2020. Your submissions should be word processed and contain word count and bibliography. Every percentage point of word count over the limit (not counting bibliography) will result in a percentage point reduction in the assignment mark until it reaches zero. Your submission will receive an automatic Turnitin similarity score that should not exceed 25%. You should check this score using the tool Canvas before submitting. Exceeding this limit raises the risk of your submission being subject to an academic integrity process. As per University regulations late assignments receive a 10% penalty per day until the mark reaches zero. Marks will be given according to the rubrics on Canvas.
In the assessment, your task is to conduct economic analysis of an issue that you select yourself, just as businesspeople and policymakers do. You will be assessed on what you learnt in the course by correctly choosing and applying definitions, methods and theories from lectures and tutorials. As this is a microeconomics assignment you should not write a general or journalistic report or use concepts from other courses not discussed in this course.
- Look at the business and economics news for ideas for an appropriate issue. It needs to fit the purpose of microeconomics (lecture 1) – a topical, important example of resource allocation with questions you can answer by applying microeconomic methods. State the question, why it’s interesting and economically significant. Present facts or data to illustrate.
- Select the right method (i.e. microeconomic model, theory or tool from this course) to answer your question. Explain your method. Assume your reader needs to be explained every concept needed to follow your analysis.
- Apply the method to your issue. Report the steps of your analysis and your findings. Typical analysis discusses the economic agents, how they exchange, the equilibrium and factors that change it and finally welfare implications. Use diagrams or models as they answer the question better than only words.
- Your conclusion will directly answer the question and maybe look at the big picture – the significance and limitations of your work.
Clearly structure your report (depending on topic), for instance using numbered sections for each of the parts of the task, e.g. introduction, model, analysis and conclusion. Introduction and conclusion will normally be shorter.
Type of service-Academic paper writing
Type of assignment-Essay
Pages / words-4 / 1100
Number of sources-7
Academic level-Freshman (College 1st year)