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Title:
Assignment
Details of task:
An assay on a contemporary microeconomic policy issue
Release dates:
Presentation requirements:
Proper referencing and reference list are required
Essay form is preferred.
Notice
This assignment must combine the theatrical knowledge and real situation. Thus, the drafts and the figures are required in the essay.
Week 12
Learning objectives assessed:
7. Critically evaluate attempts to increase competition in particular industries.
Question
1. In Australia, the public transport sector is in the jurisdiction of the states. Particularly in Victoria, buses are owned and run by private interest; while tram and train lines as well as the rolling stock are owned by the state, and operation of those is commissioned to private interest.
Based on your understanding of the concept and reasons for privatisation, as well as on your research in the case of public transport in Victoria, discuss whether you agree or disagree with this way of running a public utility.
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