The assessment task for this component of ECON1001 requires you to write a short term paper/ report....

Question

The assessment task for this component of ECON1001 requires you to write a short term paper/ report. You must answer one question (one only) of the two that are set out below. In answering the question, you should: use appropriate economic concepts and techniques to address the issues that you are asked about. you need to provide a clear, logical and succinct argument. you are expected to do some independent research. you are required to fully reference the piece of writing that you submit. This requires that where an idea has been drawn from a scholarly source, you identify that source. Referencing should be complete, comprehensive and consistent. That is, any reference that you list should allow the reader to go to that source and confirm that the arguments espoused in the writing are in fact derived from that source. Harvard referencing is recommended. A Harvard Referencing Guide is provided on Blackboard. you need to use appropriate language and submit a professional piece of work. Avoid slang or colloquial terms; check spelling and grammar; use appropriate language given who you are being asked to write for. IS TO BE NO MORE THAN 750 WORDS IN LENGTH. Any essay exceeding the word limit will be penalised. Markers will have the right to stop marking after 750 words. The word count must be stated at the beginning of the essay.
	
Document Preview: ECON1001 S1_2013, Term Paper/ report, p. 1 
Term paper/ report -  
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Introduction 
 
The assessment task for this component of ECON1001 requires you to write a 
short term paper/ report. You must answer one question (one only) of the 
two that are set out below. In answering the question, you should: 
 
 use appropriate economic concepts and techniques to address the 
issues that you are asked about.  
 you need to provide a clear, logical and succinct argument.  
 you are expected to do some independent research.  
 you are required to fully reference the piece of writing that you 
submit. This requires that where an idea has been drawn from a 
scholarly source, you identify that source. Referencing should be 
complete, comprehensive and consistent. That is, any reference that 
you list should allow the reader to go to that source and confirm that 
the arguments espoused in the writing are in fact derived from that 
source. Harvard referencing is recommended. A Harvard Referencing 
Guide is provided on Blackboard.   
 you need to use appropriate language and submit a professional piece 
of work. Avoid slang or colloquial terms; check spelling and grammar; 
use appropriate language given who you are being asked to write for. 
 IS TO BE NO MORE THAN 750 WORDS IN LENGTH. Any essay 
exceeding the word limit will be penalised. Markers will have the right 
to stop marking after 750 words. The word count must be stated at 
the beginning of the essay.  
 
Structure  
 
The structure should be: 
 Executive Summary (not exceeding 150 words) on a separate front 
page; 
 Introduction;   
 Body (Analysis);  
 Conclusion;  
 Bibliography and a clear listing of data or other sources and definitions 
at the end (N.B. Bibliography and executive summary are not included 
in the 750 word limit).  
 Footnotes should be avoided. If any figures and/or tables are used, 
they should be placed in the body of the essay, and be numbered...

David · Accepted Answer

Executive summary:
In 2012 the Commonwealth government of Australia introduced plain packaging to cigarettes. Designed to reduce the level of smoking in the community the move generated a large amount of discussion. According to some, it’s a great move as it will lead to reduction in the consumption of cigarette by making the product less attractive whereas the tobacco industry is against this move as it hurts their business. In this paper, we are going to show, by applying the basic economics principle, how this move is good for the Australians. However, if this move turns out to be a success, then all the countries will not lag behind and will also implement this in their respective countries to reduce the harmful effect of smoking on their people. 
Introduction:
In April 2010, the Australian Government announced that it would introduce legislation to mandate plain packaging of tobacco products from 1 January 2012 with full implementation by 1 December 2012.
Under the new laws, all cigarettes must be sold in drab olive-brown packets with large, graphic health warnings.
Thus, according to plain packaging for tobacco, cigarette packs and tobacco pouches will have much larger pictorial health warnings and the colors and design of the packs will also be standardized where tobacco brand names will be printed in standard type fonts and sizes.
The Government has implemented this to reduce smoking and its harmful effects.
The Australian Institute of Health and Welfare estimates “15,500 Australians are killed by tobacco-related diseases every year and says passive smoking affects the health of children”.

The assessment task for this component of ECON1001 requires you to write a short term paper/ report. You must answer one question (one only) of the two that are set out below. In answering the...

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