government polices to control the fishing market

The paper is about why the government started to lunch the policies to control the share and how it affects the demand and supply in the fish market. Moreover, try to read about the quota or tragedy of commons, see how it affects the market conditions and that may help you write this paper more “Economics”.

First, try to discuss common goods and the tragedy of the commons first and how it related to the fish market. Not the general introduction of the fish market (not a history or a management class). Explain why government needs to intervene the market.

The second part should talk about the opportunity cost, marginal benefit, and cost of not having this kind of polices such as over-fishing and more risks for the fisherman. Why this issue needs attention and how it is affecting the market.

The last part would be how the new quota” Catch share” system affects the demand and supply; consumers and suppliers. Just give you an idea of the last results here. The market quantity should decrease as the government limits the overall quantity and the price for consumers will increases. But why the government wishes to do so? How it affects the different suppliers? Drawing a diagram would help you understand the changes in market much better.

 

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