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Student a research
Student’s Namereport analysing the operation of the price mechanism for an
Number
INDUSTRY NAME
RESEARCH
Australian
Teacher’sindustry.
Class Name Evaluate the market price and provide a forecast of price trends
for the year ahead.

REPORT

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Contents Page
Table of Content:
1.0 3
Introduction………………………………………………………………………………
……………………….
2.0 4-6
Analysis……………………………………………………………………………………
………………………..
2.1 Demand
Factors………………………………………………………………………………………
…..
2.2 Supply
Factors………………………………………………………………………………………
……..

3.0 7
Evaluation…………………………………………………………………………………
……………………….
3.1 Price
Forecast……………………………………………………………………………………
………….
4.0 7
Conclusion…………………………………………………………………………………
………………………
5.0 Reference 8
List…………………………………………………………………………………………
…………
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List of Graphs and Models:

Figure 4

1……………………………………………………………………………………………

………………………
Figure 5

2……………………………………………………………………………………………

………………………
Figure 5

3……………………………………………………………………………………………

………………………
Figure 6

4……………………………………………………………………………………………

………………………
Figure 7

5……………………………………………………………………………………………

………………………
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1.0 Introduction
 Introduce the Industry/Product that you will be analyzing in this report.

 Signpost what this report aims to achieve.

2.0 Analysis

2.1 Demand Factors

 Explain the recent changes in the market that have resulted in fluctuations in
demand regarding your industry.

 Use several sources and different pieces of evidence to support these changes:

o Quotes from relevant newspaper articles

o Graphs and Charts from reliable sources (ABS, RBA etc)

 Illustrate & explain the effects these changes have had on the Price Mechanism

o Increase or Decrease in Demand?

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2.2 Supply Factors

 Explain the recent changes in the market that have resulted in fluctuations in
supply regarding your industry.

 Use several sources and different pieces of evidence to support these changes:

o Quotes from relevant newspaper articles

o Graphs and Charts from reliable sources (ABS, RBA etc)

 Illustrate & explain the effects these changes have had on the Price Mechanism

o Increase or Decrease in Supply?

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3.0 Evaluation
3.1 Price Forecast

 Select 3 criteria to evaluate the likely movement in price over the next year for
the products in your industry. For example:

o Consider the effects the shifts in demand will have on price.

o Consider the effects the shifts in supply will have on price.

o Consider the Elasticity of the products in your industry. This could result in
a more or less than proportional change in the market. Consider one or
more types of elasticity from:

 Price Elasticity of Demand, Price Elasticity of Supply, Cross

Price Elasticity or Income elasticity of Demand.

 Utilize a broad range on sources and evidence to support your decision:

o Charts and Graphs

o Quotes from industry leaders, economics and journalists

o Models of elastic/inelastic demand

4.0 Conclusion
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 Briefly summarize the key finding within the report.

5.0 Reference List

 All sources in the Reference List must appear in the body of your writing as in-
text citations

 APA Style References and in-text citations

o Any time you paraphrase someone elses information, quote them directly
or use statistics and data you need an in-text citation at the end of the
sentence(

 Blah blah blah (Rubino, 2020).

 According to one expert, Craig Tonkies “etc, etc, etc” (2020)

o Reference List must be in alphabetical order and formatted in a

professional academic manner. For example: