Individual 2000 word essay

Task:
Students must choose ONE of the following industries of the United Kingdom and discuss the impact of Brexit on the chosen industry. Critical analysis must be undertaken by students with appropriate scientific academic evidence to arrive at one of the following conclusion post Brexit:
1. Government will need to intervene to address any market inefficiencies. Students then must continue to discuss possible government policies and possible impact of those policies (both desirable and undesirable).
Or,
2. Government will not need to intervene.
Industries to consider:
Agriculture, forestry and fishing
Production
Mining, quarrying and utilities
Manufacturing
Construction
Wholesale and retail; Repair of Motor Vehicles
Motor trades
Wholesale
Retail
Transport and Storage (inc. postal)
Accommodation and food services
Information and communication
Finance and Insurance
Property
Professional, scientific and technical
Business administration and support services
Public administration and defence
Education
Health
Arts, entertainment, recreation and other services

Additional Details:
For the individual report, you are encouraged to “showcase” your knowledge, technical grasp and understanding of relevant economic theories. This is an opportunity for you to demonstrate (briefly) that you understand and can apply the relevant principles, theory and evidence related to welfare economics. You are expected to think about the economic principles involved, to research a little, to check your understanding and to write in a logical manner.

Note: Please concentrate on structuring your arguments in appropriate academic writing and not provide a long commentary of current events or provide large quantities of statistics.
Recommended Resources for economic concept building:
You may consider consulting other economics textbooks for example:
Mankiw, N. G., Taylor, P. M. and Ashwin, A. (2016). Business Economics. 2nd edn. Hampshire: Cengage Learning (Core)
Concept Building
• Sloman, J. and D. Garratt. (2016). Essentials of Economics. London: Pearson.
• Begg, D., Vernasca, G., Fischer, S., and Dornbusch, R. (2014). Economics. 11th edn. Berkshire: McGraw-Hill Education
• Mankiw, N. G. and Taylor, P. M. (2011). Economics. 2nd edn. Hampshire: Cengage Learning
In addition you may wish to consider:
General overview and background of Brexit
• Sampson, T. (2017). Brexit: the economics of international disintegration. Journal of Economic Perspectives, 31(4), 163-84.
• Gros, D. (2016). The Economics of Brexit: It’s Not about the Internal Market. CEPS.
• Coyle, D. (2016). Brexit and globalisation. Brexit Beckons: Thinking ahead by leading economists, 23-39.
• Whyman, P. B., & Petrescu, A. I. (2017). The economics of Brexit: A cost-benefit analysis of the UK’s economic relationship with the EU. Springer.
• Staiger, U., & Martill, B. (2018). Brexit and Beyond–Rethinking the Futures of Europe (p. 312). UCL Press.

Many good resources are available online. The list below is by no means exhaustive; explore the following and more:
• https://theconversation.com/uk/search?utf8=%E2%9C%93&q=brexit
• http://blogs.lse.ac.uk/brexit/category/economicsofbrexit/
• https://www.ft.com/search?sort=date&q=brexit
• https://www.economist.com/britain/2018/03/15/how-bad-could-it-get

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