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ECON 2410 THE MANITOBA ECONOMY: Describe the economic activity that characterizes the industry selected. What goods or services does the industry produce?

Your assignment is to choose a specific industry from the list below and prepare a report on that industry in Manitoba. What I will be looking for in this assignment is a description of the industry, its role and significance for the Manitoba economy, an analysis of its recent performance and an assessment of its future prospects. Your report should (if appropriate):

1) Describe the economic activity that characterizes the industry selected. What goods or services does the industry produce? Are there identifiable subsectors that comprise this industry? if so, what are they?

2) In Manitoba, indicate where, geographically, the industry is located or most heavily concentrated, and possibly explain the reasons for that geographical location. 3) Identify the kind of firms or other institutional organizations characterize this industry. Public? Private? Large? Small? 4) Provide and use some economic data for the industry. Important statistics would include, if possible data on the industry’s GDP, and employment levels. Possibly prices of key inputs, or of the industry’s products might be of interest. 5) Discuss and explain the structure of the market (or markets) with which this industry is associated. Is there competition? Is it highly regulated? Are the important markets local, national, international?

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