The subject is "Industrial Economics" and this is all the information that I have:
Please discuss the these 2 Papers:
*The Life Cycle of a Competitive Industry, Boyan Jovanovic and Glenn M. MacDonaldSource: Journal of Political Economy, Vol. 102, No. 2 (Apr., 1994), pp. 322-347
*The Division of Labor is Limited by the Extent of the Market, George J. Stigler, Journal of Political Economy, Vol. 59, No. 3 (Jun., 1951), pp. 185-193
* Firstly, write some conclusion about their main statements
* Secondly, give a critical analysis of their models, their strenghts and weaknesses (it is not necessary to go into the formal/ mathematical details).
* Also include a personal evalution, which parts of the papers you find convincing (or not) and why.
Paper rules to follow:
Title page: Concise and informative title.
Subdivision - numbered sections: Divide the article into clearly defined and numbered
sections. Subsections should be numbered 1.1 (then 1.1.1, 1.1.2, ...), 1.2, etc. Use this
numbering also for internal cross-referencing: do not just refer to "the text". Any subsection
may be given a brief heading. Each heading should appear on its own separate line.
Number of pages: 8-12 pages
line spacing: 1.5 lines; margins: 2.5 cm everywhere; Times New Roman, font size: 12 pt;
justified; Arabic page numbers; appendix for supplementary materials.
Artwork: Please make sure that artwork files are in an acceptable format, with the correct
resolution, and legible.
References: All your sources (webs, book, etc ) must appear at the end of the paper
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