Question 1 Explain why competition is the key to efficiency in free market economies. What impact does competition among firms in a market have on the prices charged to consumers and the profit earned by firms? Compare the main conclusions of the theoretical models of monopoly, and oligopoly with local examples. Discuss major reasons why governments need to intervene and regulate the workings of a free market system. In Fiji does the government regulates markets? If yes explain how and its impact. Question 2 Assume that you are employed as an international business consultant to undertake an industry analysis of ICT in Fiji. Describe the techniques and economic models that are appropriate for undertaking an industry analysis. Question 3 Green economic growth is the means by which the current global economy can make the transition to a sustainable global economy. Describe what is meant by the term "green growth". Explain the Fiji's Green Growth Framework and its thematic areas Describe its linkages with Climate Finance Describe five green growth measures that you recommend should be implemented by: Governments. (five measures) . Private sector business enterprises in the Pacific Island countries. (five measures) Question 4 Define unemployment and for each category of unemployment below describe some policies and labour market programs that may assist to reduce this type of unemployment: Structural . Frictional . Seasonal Cyclical What policy measures and programs would you advise to address youth unemployment in Fiji