INFORMATION FOR STUDENTS
• This coursework is a take-home assessment.
• Essay length: 1,250 – 1,500 words (not including appendices/bibliography)
• There are 100 marks in total.
• All references should be acknowledged using the Harvard referencing system.
• This coursework is a take-home assessment.
• Essay length: 1,250 – 1,500 words (not including appendices/bibliography)
• There are 100 marks in total.
• All references should be acknowledged using the Harvard referencing system.
• Use diagrams to show the idea and explain it
To access the full mark range, you should be able to
• demonstrate clear knowledge and understanding of the price mechanism,
resource allocation, monopoly power and government intervention.
• clearly apply your knowledge with the use of diagrams, to the market conditions
surrounding the sale of tickets for live music events and the ways in which these
can influence resource allocation and consumer welfare.
• provide relevant and precise economic analysis of the relative merits of
government intervention in the market for tickets for live music. You may wish to
consider the rationale for government intervention and the different ways in
which governments might intervene.
• provide an evaluative judgement on whether government intervention to reduce
monopoly power for firms such as Ticketmaster is desirable and consider that
against the merits of leaving the sale of live music tickets to the free market.
• demonstrate effective study skills in the research and presentation of your work.
• demonstrate clear knowledge and understanding of the price mechanism,
resource allocation, monopoly power and government intervention.
• clearly apply your knowledge with the use of diagrams, to the market conditions
surrounding the sale of tickets for live music events and the ways in which these
can influence resource allocation and consumer welfare.
• provide relevant and precise economic analysis of the relative merits of
government intervention in the market for tickets for live music. You may wish to
consider the rationale for government intervention and the different ways in
which governments might intervene.
• provide an evaluative judgement on whether government intervention to reduce
monopoly power for firms such as Ticketmaster is desirable and consider that
against the merits of leaving the sale of live music tickets to the free market.
• demonstrate effective study skills in the research and presentation of your work.
I put the sources that they gave us but you can also use those sources if you need.