Effects of Government Intervention on Smoking Rate in Australia and Youth Unemployment in Australia and the World

ECONOMICS FOR BUSINESS

Table of contents
Essay 1.......................................................................................................................................3
Essay 2.......................................................................................................................................5
Reference....................................................................................................................................7

Essay 1
This essay focuses on the smoking rate of Australia and the effects of the intervention of the
government on the rate of smoking in Australia. The rate of cigarette smoking is defined as
the percentage of the population who is a smoker. The rate of cigarette smoking in Australia
is quite different from other countries such as Singapore and the world average as a whole.
While, 12.9% of the adult smokers in Australia, it is around 16.8% in the case of Singapore
(Davidson, & de Silva, 2018). However, rates of both the countries are lower than the world
average. Apart from the differences in the percentages, the countries show some similarities
too. The rate of smoking is reducing in both Australia and Singapore. Same has also been
observed in the case of the world as a whole as well. Furthermore, young adult accounts for a
significant proportion of smoker in Australia, Singapore and the world as a whole.
Figure 1: The excise tax on elastic demand for cigarette
(Source : Developed by the learner)