University College Cork
National University of Ireland, Cork
EC1104 The World of Economics
Course Work Project
Lecturer: Robert Butler
Please read the following statement and attempt the following
Many cases of market failure and government failure are evident in the world around us. Please select one of these and
1. Explain clearly what you understand the concept to mean.
2. Using The Simpsons or any other cultural reference, illustrate an application of the type of failure you have chosen. You may not choose the applications provided in the lecture notes or shown in class.
3. Comment on ways that society attempts to minimize or eliminate the type of failure you have chosen.
The Course Work project is due to be handed up to me in my office on Thursday the 12th of January, 2012 between 2pm and 4pm. All parts carry equal marks. Word Count is a maximum of 1500 words.
Please submit 2 typed copies. Assignment should be stapled in the top left-hand corner with no other binding or covers. The cover page should include the name of the author, Student number, the type of failure you are examining, and an exact word count. Ensure the work of others is appropriately acknowledged. This assignment accounts for 8.3% of your overall mark in EC1104.
If you fail to follow these guidelines your assignment will not be accepted.
Department of Economics
Policy for Missed Coursework and Late Submission
The Department of Economics seeks to operate a fair policy for all students attending in-class examinations on specified dates and submitting assignments on time. A fair policy starts with recognising the consideration due to students who meet these requirements.
1. Missing In-Class Examination: 1. A zero mark will be assigned where an in-class examination is missed without permission being granted. 2. Permission for Absence is only granted in exceptional