Economics Csec Sba
AN INVESTIGATION INTO THE IMPACT OF THE MONOPOLY
“THE JAMAICA PUBLIC SERVICE LTD”
ON JAMAICA
THROUGHOUT THE YEAR 2011
Centre #: 100016
Candidate #: 1000161860
Jessica Dewar
Campion College
Economics SBA
An Investigation into the impact of the monopoly “Jamaica Public Service” on
Jamaica throughout the year 2011.
TABLE OF CONTENTS
TITLE PAGE
ACKNOWLEDGEMENT (i)
AIMS AND OBJECTIVES (ii)
METHODOLOGY EMPLOYED (iii)
DATA COLLECTION AND ANALYSIS 1
CONCLUSION 7
RECOMMENDATIONS 7
BIBLIOGRAPHY 8
APPENDICES 9
DATA COLLECTION
&
ANALYSIS
ACKNOWLEDGMENT
This project would not be made possible without the help of certain individuals and I would like to express my appreciation here. Thanks to Ms. Morris for explaining the requirements of the report to me and giving me a better understanding of how to approach it when she marked my first draft; my parents and siblings for providing me with the necessary tools and means of attaining my data; and God for sparing my life to complete this project.
AIMS & OBJECTIVES
The aim of this study is to investigate how the monopoly (JPS) has impacted Jamaica, economically and socially, throughout the year 2011.
The objectives of this study will include: * To define the economic term ‘Monopoly’ and to identify its features * To identify how and why this firm is a monopolist in the country * To recognize the major issues and concerns with this market * To identify how these issues affect the economy and society * To state what the firm has been doing and recommend what more can be done to solve these issues
METHODOLOGY EMPLOYED
To satisfy the aims and objectives earlier stated, these are the primary sources of data in which statistics and raw data were analyzed and stated in the report:
-informative and opinionative articles obtained via internet from print media sources such as the Jamaica Information Service, Jamaica Observer and
“THE JAMAICA PUBLIC SERVICE LTD”
ON JAMAICA
THROUGHOUT THE YEAR 2011
Centre #: 100016
Candidate #: 1000161860
Jessica Dewar
Campion College
Economics SBA
An Investigation into the impact of the monopoly “Jamaica Public Service” on
Jamaica throughout the year 2011.
TABLE OF CONTENTS
TITLE PAGE
ACKNOWLEDGEMENT (i)
AIMS AND OBJECTIVES (ii)
METHODOLOGY EMPLOYED (iii)
DATA COLLECTION AND ANALYSIS 1
CONCLUSION 7
RECOMMENDATIONS 7
BIBLIOGRAPHY 8
APPENDICES 9
DATA COLLECTION
&
ANALYSIS
ACKNOWLEDGMENT
This project would not be made possible without the help of certain individuals and I would like to express my appreciation here. Thanks to Ms. Morris for explaining the requirements of the report to me and giving me a better understanding of how to approach it when she marked my first draft; my parents and siblings for providing me with the necessary tools and means of attaining my data; and God for sparing my life to complete this project.
AIMS & OBJECTIVES
The aim of this study is to investigate how the monopoly (JPS) has impacted Jamaica, economically and socially, throughout the year 2011.
The objectives of this study will include: * To define the economic term ‘Monopoly’ and to identify its features * To identify how and why this firm is a monopolist in the country * To recognize the major issues and concerns with this market * To identify how these issues affect the economy and society * To state what the firm has been doing and recommend what more can be done to solve these issues
METHODOLOGY EMPLOYED
To satisfy the aims and objectives earlier stated, these are the primary sources of data in which statistics and raw data were analyzed and stated in the report:
-informative and opinionative articles obtained via internet from print media sources such as the Jamaica Information Service, Jamaica Observer and
Bibliography: [ 3 ]. “Legal Battle to Break JPS Monopoly begins” by Paul Henry for the Jamaica Observer; September 11, 2011 (Appendix 3) [ 4 ] [ 7 ]. ‘Jamaican firms complain too much – World Bank’ written by Alicia Roache on June 24, 2011 for the Jamaica Observer [ 8 ] [ 9 ]. “New JPS Maggoty Hydro Plant to provide 200 jobs”, anonymously submitted on April 1, 2011to the Ministry of Energy (Jamaica) website [ 10 ]