Research essay about the fishing market

use microeconomics knowledge to analyze the problems in the fishing market and suggest a solution. this is a college level essay

Describe the fishing market using what you have learned about opportunity cost, marginal analysis in decision-making, and markets. You must include a discussion of supply and demand as well as marginal benefits and marginal costs.Expand your discussion of the market, using what you have learned about market failures/problems and the feedback you received. Discuss why the market failure occurs and include the correct graph.

Consider catch shares and the positive aspects of this government intervention. Explain the current government intervention and exactly how it corrects the market failure. Include any other positive aspects of catch shares that you find through your own research. Consider catch shares and the negative aspects of this government intervention. Add to your discussion of catch shares using what you have learned about how monopolies make pricing and output decisions, and how and why market power is a problem, in addition to the feedback you received. Include any other negative aspects of catch shares that you find through your own research.

Now put yourself in the role of a social advocate. Noting the problems you presented above, what solutions do you have to help protect society? Offer an alternative solution that addresses the issues you noted in part I and avoids the problems you noted in the first half of part II. Be creative, you are not limited to possible government intervention but should also consider potential interventions from other groups in society.

Note: This is the final part of the writing assignment. You must submit a completed paper with title page, introduction, body, conclusion, and references page. The paper should breakdown the fishing market and problems within it, evaluate the current solution and it’s limitations, and propose an original contribution/potential solution.

the assignmnet prompt recommends watching the documentary : https://drive.google.com/file/d/1Es4WqtqruEp0m8Cdv…

view the websites : https://www.edf.org/oceans/how-catch-shares-work-promising-solution (Links to an external site.)Links to an external site.

https://www.catchshareindicators.org/home/ (Links to an external site.)

read the articles :

  • A rising tide | The Economist.pdf
  • How to stop fishermen fishing _ The Economist.pdf
  • Study_ Program To Protect Fish Is Saving Fishermen’s Lives, Too _ The Salt _ NPR.pdf

All sources referenced in the paper must be cited at the end and the citations will not be part of the final page count. the paper is to be typed in calibri font size 11 and margins are 1″.

 

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