Details of task: Read Part One of “Economics In One Lesson” by Henry Hazlitt and write an essay that applies the lesson to analyse a real world issue. Hazlitt’s book is free online at: http://www.fee.org/pdf/books/Economics_in_one_lesson.pdf. Apart from the book, you should have at least 3 other references as well. This is an essay that requires you to demonstrate a critical understanding of Hazlitt’s theory and how he applies it to real world examples. You are required to read part two of the book to see how Hazlitt applied the lesson to issues of his time. Follow Hazlitt’s model and analyze a current issue of your choosing. For further information on how to write an analytical essay please visit the Library’s Mastering Academic and Research Skills (MARS) moodle site http://moodle.vle.monash.edu/course/view.php?id=14925 Word limit: 1000-1500

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