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HI5003 Report on Demand and Supply of Mining Resources in Australia

10 Pages1740 Words69 Views
   

HI5003 Economics for Business (HI5003)

   

Added on  2020-05-28

HI5003 Report on Demand and Supply of Mining Resources in Australia

   

HI5003 Economics for Business (HI5003)

   Added on 2020-05-28

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Running head: DEMAND AND SUPPLY OF MINING RESOURCES IN AUSTRALIADemand and Supply of Mining Resources in AustraliaName of the studentName of the universityAuthor note
HI5003 Report on Demand and Supply of Mining Resources in Australia_1
1DEMAND AND SUPPLY OF MINING RESOURCES IN AUSTRALIAExecutive summary:The report has analyzed a latest newspaper report that describes the Australian mining industrywith the help of economic theories like supply and demand. Analyzing the report it has beenfound that, the Australian economy is yet to face another mining industry boom due to rise indemand of their tech metals. However, supply side constrained originated from the skill gapamong the labors has constrained the growth. The report has mentioned variousrecommendations for the Australian economy to grab the opportunity completely and toconclude the report has provided a brief overview of the case.
HI5003 Report on Demand and Supply of Mining Resources in Australia_2
2DEMAND AND SUPPLY OF MINING RESOURCES IN AUSTRALIATable of ContentsIntroduction:....................................................................................................................................3Review of article:.............................................................................................................................3Issue of affected stakeholder:..........................................................................................................3Economic interpretation of the case:...............................................................................................4Graphical presentation of the economic theories:.......................................................................4Demand and supply of mining resource in Australia:.................................................................6Recommendations for the affected policyholders:..........................................................................6Conclusion:......................................................................................................................................7Reference:........................................................................................................................................8
HI5003 Report on Demand and Supply of Mining Resources in Australia_3

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