Read the chapter or use your knowledge and decide whether it was monopoly,
oligopoly e.t.c before 1972 and it became monopoly after 1989.
Essay Title
Introduction [200 words] [5 marks]
You should discuss the background to the essay, the aims and objectives of the essay and your expected findings. You should
also briefly discuss how you will resolve the aims and objectives of your essay.
Market Structure and Ownership Prior to 1972 [400 words]
Use an appropriate graph and or table to analyse;
? the characteristic features of the water industry prior to 1972,
? its advantages and
? its disadvantages
Market Structure and Ownership Since 1989 [400 words]
Use an appropriate graph and or table to analyse;
? the characteristic features of the water industry since 1989,
? its advantages and
? its disadvantages.
Economic factors that led to the restructuring [300 words]
? Discuss why it became necessary to restructure the water industry.
? Explain the economic benefit/rationale and the beneficiaries.
Conclusion [200 words]
[20 marks]
[20 marks]
[20 marks]
[5 marks]
In this section you should answer the question in the task, summarise the findings of your analysis to explain why this is the
answer you are giving and then critically discuss the extent to which your findings are conclusive.
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2.2. Additional areas that will be assessed are:
? Research, Sources and Referencing [20 marks]
You will need to use at least 5 relevant and reliable sources:
? three sources have been provided (see the Reading List and Appendix for details);
? additionally, you will need to conduct your own research and find two more relevant and reliable sources to support your
arguments.
Each of these five sources will be awarded up to 4 marks: 2 marks for accuracy of intext
citation (Harvard referencing system),
and 2 marks for providing the full reference in bibliography (Harvard referencing system).

Marks will be capped at 18 for inaccurate Bibliography, for example, usage of bullet points or not putting your sources in
alphabetical order.
You should not use blogs, Wikipedia, Investopedia, nonacademic
and nongovernmental
websites or other unreliable sources.
Inappropriate sources will not be awarded any marks.
Use ACCAA tool you learned to apply during your Academic English classes to decide whether you have chosen relevant and
reliable sources.
NB: For the purpose of this assignment, mass media sources (e.g. BBC or The Guardian) are not considered appropriate.
? Format [5 marks] 1 mark for each appropriate heading; capped at 5 marks.
? Coherence [5 marks]
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3. Marking Criteria
Your essay will be marked on the basis of the following criteria:
a) Structure [20 marks] Your essay should have a coherent, consistent and logical structure with headings for each section. It
should start with an Introduction in which you discuss the background to the topic you will be writing about. In the ‘Introduction’
you should also state your aims and objectives and what your expected findings will be. The essay should end with a
Conclusion in which you answer the question in the task, summarise your findings and then discuss whether you think the
findings are conclusive or not, and if not, explain why.
1) Introduction – 5 marks
– 5 marks – 5 marks
2) Headings 3) Coherency 4) Conclusion
– 5 marks
b) Market Structure Prior to 1972 [400 words]
[20 marks]
? Identification of the market structure.
? Characteristic features of the water industry prior to 1972 [4 marks]
? Its advantages
? Its disadvantages. .
? Diagram or table and analysis
c) Market Structure Since 1989 [400 words]
? Identification of the market structure
? Characteristic features of the water industry since 1989
? Its advantages
? Its disadvantages
? Diagram or table and analysis
[4 marks]
[4 marks]
[4 marks]
d) Economic factors that led to the restructuring [300 words]
? Discuss why it became necessary to restructure the water industry. [5 marks]
[
[4 marks] [20 marks]
4 marks] [4 marks] [4 marks] [4 marks] [4 marks]
[20 marks]
? Explain the economic benefit/rationale and
? the beneficiaries
? Diagram
e) Research, Referencing and Sources

[5 marks] [5 marks] [5 marks]
[20 marks]
Your arguments should be supported and sources should be referenced(both intext
and Bibliography) using the Harvard
Referencing System.
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You should use ALL THREE sources from the Compulsory Reading List provided and FIND TWO other sources by yourself.
Use LRC, City University library, JStor and other reliable ways to find appropriate sources to support your arguments.
COMPULSORY READING LIST
NB: The entries have not been referenced according Harvard system – you will need to do that yourself.
Chapter 5: Market Structures from Essentials of Economics 6th edition by J. Sloman and D. Garratt, D; published by Pearson in
Harrow, in 2013, pp. 93–122. (2013).
An online Research Report 14 by Peter Bailey: The Business and Financial Structure of the Water Industry in England and
Wales, published in 2013, available at http://www.bath.ac.uk/management/cri/pubpdf/Research_Reports/14_Bailey.pd