Sunday, January 8, 2012

Another Possible Topic For Unit 1: Competitive Markets: How They Work and Why They Fail

Sorry for the last minute changes. On top of congestion and pollution, I would like to include another highly possible topic, none other than London Olympics 2012. Highly anticipated questions are like define private benefits/ external benefits, provide examples e.g. more tax revenue for government, more employment opportunities, more profits for hotels etc, cost-benefit diagram and evaluation

They may also ask issues on costs (similar as above)

Am really busy in these few days. I will do the posting on evaluations later. It will be under Unit 2

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