Economics of Organisations paper writing service

Subject：Economics of Organisations

 

REQUIREMENT: after reading the article,  ANWSER THE THREE QUESTIONS: 

IMPORTANT:  1. STRICTLY FOLLOW THE GUIDES THAT THE TEACHER SAID (THE TWO PICTURES ABOVE)

2.Use relevant empirical evidence (e.g. tables of real world data and historical evidence) and examples in writing your answer.

2. at least 20 references
3. Using relevant diagrams
4. Part (C) is worth more marks.

STRUCTURE： 1. introduction  300WORDS

2. MAINBODY （REMEMBER,  RE-NAME THE THREE SUB-TITLES) 1000WORDS

2.1 THE FIRST QUESTION

2.2 THE SECOND QUESTION

2.3 THE THIRD QUESTION

3 conclusion 200WORDS

4 REFERENCES

ESSENTIAL READING（ attachment above )：Christopher Snowdon, Closing Time: who’s killing the British Pub?, Briefing 14:8 (London, Institute of Economic Affairs, 2014).

1. Snowdon’s piece on the economic organization of the British pub is published by the Institute of Economic Affairs (IEA). The IEA is a think tank that generally promotes economic policies that are of a free market type (e.g. it favors deregulation and privatization). Snowdon does not make reference to either price or income elasticity in his paper, but much of his analysis rests on the demand for substitutes and complements. For instance, Snowdon appears to suggest that smoking and drinking pubs are complementary goods (Snowdon, 2014, pp.28-29). Likewise, his criticism of minimum pricing would have far more force if he related the price elasticity of demand back to the impact taxation would have. As he notes, ‘the wider failure to replace closed pubs with new establishments strongly suggests that the economic problem facing the pub trade is not lack of supply but lack of demand’ (Snowdon, 2014, p.22). Moreover, while Snowdon suggests that government failure exists in the policies surrounding pubs, he does not put much store by market failure considerations. By way of illustration, there is not much scope for externalities in his analysis. Hence it is easy to see why Snowden’s proposed policy prescriptions leans towards lower taxes and deregulation. Snowdon thus has implications for the study of economic organisation and reading this paper in conjunction with the text is essential to producing a satisfactory essay.
2. after reading the article,  ANWSER THE THREE QUESTIONS: 

ESSAY QUESTIONS (100 marks in total)

1. Snowdon observes that ‘publicans add less value than they did when they were responsible for keeping good beer and rotating their selection of beer’ (Snowdon, 2014, p.14). Explain why lagers bought in supermarkets/off licences are a much closer substitute for the same products bought in pubs than is the case for stout/ales (Snowdon, 2014, p.25). Why, according to Snowdon, has the switch in consumer preferences towards lager (and away from stouts/ales) undermined the pub industry? Explain the economic implications of the observation that beer and wine have become viewed increasingly as substitutes and why this shift has also undermined the viability of some pubs (Snowdon, 2014, pp.14-15).
   (25 marks)
2. What is the PubCo business model? What role does Snowdon suggest it has played in the declining fortunes of the UK pub? What does Snowdon’s observation that ‘Since 1980, incomes have been generally rising and pubs have been generally closing’ (Snowdon, 2014, p.24) indicate about the possible income elasticity for beer and wine sold in pubs?
   (25 marks)
3. Snowdon makes four key policy solutions in his report (reduce alcohol duty; reduce VAT and set a lower rate for cooked food; amend the smoking ban and abolish cumulative impact zones and the late night levy). With particular reference to the economics of organisations (e.g. demand and supply, externalities and the impact on public spending and tax revenue) write a short economic critique of the policies advocated by Snowdon. For example, consider how “binge drinking” and cigarette smoking both may be associated with negative externalities and how Snowdon’s policy proposals if implemented might change the incidence of such externalities.(50 marks)

 

4. Seven Free Tips (in no particular order):
   Good answers will (as a basic minimum) demonstrate that they have read and understood the pieces and how they link to the material presented in the tutorial, lecture and textbook. Look at the relevant handouts and the reading list provided in the module handout. Look at the tutorial exercises these will help you.
   2. Use relevant empirical evidence (e.g. tables of real world data and historical evidence) and examples in writing your answer.Mulhearn and Vane have some nice references in this regard. There’s plenty of material out there on the QUB library catalogue! Good answers will show evidence of independent research. Use relevant diagrams and tables of data, but please bear in mind they should be used only if relevant and bear in mind that you should not over-rely on textbooks.
   3. The sooner you start to research the assignment, the easier it will be to write.
   As a guide on the reading required, in most modules have I have taught at QUB since 2007, 2:1 quality assignment essays generally had between 5-10 sources, while firsts had at least twice that (indeed the best had more than 20). However, many weak essays (2:2 or lower) also had 20 sources! Remember it’s not enough to merely list a source you need to show that you have read and understood it before you cite a source!
   4. Assignments will be marked on a range of criteria (see the relevant part of the undergraduate handbook). The range and sophistication of the economic analysis e.g. the (mis)use of diagrams used and the relevance of the supporting empirical evidence utilised are important elements for you to consider in writing this essay.
   5. Think about the credibility of the sources you use and how you use them. A good essay will not just spend the time repeating the arguments of others! A good essay will instead demonstrate evidence of independent thought and evaluation. Likewise, better essays will show evidence of originality and not just regurgitation. Therefore, half decent answers will show that the ‘writers’ don’t just resort to cutting and pasting from Wikipedia or essays taken from A-Level crammer sites. Again, look at the tutorial exercises these will help you.
   6. Use relevant diagrams (e.g. see the textbook for examples), but please bear in mind they should be used only if relevant. Don’t think diagrams for the sake of them will get you marks, they won’t. In fact diagrams will lose you marks if they are not relevant…
   7. Bear in mind that you only have 1500 wordsto play with in total. Based on experience, I expect better essays will pick up points on their own independent research. In terms of length focus on keeping the reader interested! Weak students obsess with length, strong contents obsess over content. Part C) is worth more marks.

 

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