ECON105 – Principles of Mircoeconomics Assignment 1

To receive full marks you must show clear development and expression of economic ideas in clear paragraphs in addition to the correct answers. You may use dot-points to develop your thinking, but then re-write them into proper sentences and paragraphs.
Please use 12pt sized font and double-space format. You should use the “scientific”or the Harvard (name-date) referencing style, to cite any source you use – perhaps to confirm your results with the text. It means that, rather than placing a reference in a footnote, you should provide reference of the work inside the text with the name of the author and the date of publication of the work cited.

You may draw the diagrams by computer or by hand. It is important to note that all diagrams should be inserted and saved in your assignment document. In particular, the hand-drawn diagrams need to be first scanned before being incorporated in the document.

Requirements:
• Make sure that you are using correct format and referencing (if needed).
• Read through your work prior to submission, checking your spelling and grammar.
• No more than 500 words in total excluding the diagrams and references.

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