Reference no: EM132181258 , Length: word count:1100
Project Description (Term Paper):
Select a news article(s) that discuss the economic concept that you chose as a topic for your term paper. Usually it is enough to choose just one article, however if you can find more than one article, you can use them.
This news article assignment has to be an news article on what's happening in the United States.
At least one news article should be dated within the previous two months.
Your task for the Term Paper is to analyze the issue described in the article using the economic concepts and theory learned in this class. Refer to the course content materials and use specific economic vocabulary within your term paper. The article you choose may not use these exact terms; therefore, it is incumbent upon you to convert the article language into economic language as is appropriate.
Include at least one graph developed in our course.
Please note that this is the course of microeconomics, so you should choose the concepts related to microeconomics (not macroeconomics).
Possible concepts include:
Taxes and consumer or producer surplus
Demand, supply, and equilibrium price of a particular product
Elasticity on a particular product
Perfect competition and imperfect competition, such as monopolies
Labor market, wages, and income inequality
Poverty and public policy
Another topic selected by the professor
The Term Paper should be about 3-5 or more double-spaced typewritten pages (without tables and graphs). The paper should be written in APA style Research Paper format.