Microeconomic Market Analysis
10 weeks · 0 milestones
Produce a microeconomic analysis of a real, named market using real data (ONS, BLS, industry databases, or equivalent). Analyse supply and demand dynamics, price mechanisms, and market structure; document your data sources and methodology throughout. Proof is the written analysis plus a documented Q&A session with an economics graduate or practitioner who challenges at least one of your data choices or core assumptions — your written response to their challenge is a required part of the proof artifact. 'I stand by my choice' is not a response — the response must engage with the substance of the challenge.
Milestone map
Milestone map
3 milestones
Select a specific real market and identify its structure using standard structural indicators: number of firms, market concentration (HHI or CR4), entry barriers, product differentiation, and price-setting behaviour. Use real data from national statistics agencies, company annual reports, or competition authority decisions. Produce at least one summary statistic supporting the structure assessment.
Proof required
Market structure description document (500+ words) identifying the specific market, describing structure using at least three structural indicators with real data supporting each, and explaining the market behaviour characteristics consistent with that structure.
What gets checked
- Market is identified specifically — not 'the technology sector'
- At least three structural indicators are addressed with real data supporting each
- Market behaviour characteristics are connected to the identified structure