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Assignment

Assignment

Select at
least three
news
articles that discuss the economic concept that you chose as a topic for
your term paper.
At least one
news
article should be dated
within the previous two months
.
Please note that the goal of this assignment is to read, understand, and discuss recent news
using microeconomic terminology. The articles should be from an on-line newspaper or
magazine. Materials posted on educational websites, like
www.thebalance.com,
www.khanacademy.org
, and so on, are not considered news articles even if they were
recently updated and contain material related to the term paper topic.
The Term paper should have the following structure:
1.
Abstract
(0.5 of a page) – the short description of the concepts, problems, questions
discussed in the Term paper.
2.
Introduction
(0.5 of a page) (optional)
3.
Literature Review
(about 2 pages) – please compare and contrast the opinions of the
authors of the articles, present the important information, data, statistics to support your
conclusions. It is important that the Literature review is written in your own words with
small quotes from the article. All quotes must have references in accordance with the 7
th
Edition APA Style.
4.
Discussion
(about 2 pages) –
Your task for this part of the Term paper is to analyze the
issue described in the articles 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 articles 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.
5.
Conclusion
(0.5 of a page)
The Term paper should be the title page and sub-titles that correspond to the
structure described above.
Please note the Term paper should be written
in your own words.
You can use short quotes from
the article(s) to support your statements. However the size of these quotes should be reduced to
minimum.
No more than 20% of the text of the term paper should be made up of quotes.
(less is better!!!)
.
Please also avoid copying the materials from any textbooks, including our textbook.

Please
b
e aware that Wikipedia, Investopedia, and other on-line dictionaries and encyclopedias
are not verifiable sources of reliable information, and should not be used in the Term paper.
Acceptable sources of the information are: research papers, newspaper articles, and books.
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

elasticity on a particular product

perfect competition

imperfect competition, such as monopolies

monopolistic competition

oligopoly

labor market,

wage determination

income inequality

poverty and public policy

another topic selected by the professor
Format of the Paper:
Written projects:
1.
Must be typed, double-spaced, in 12-point Times New Roman or Arial font, with one-
inch margins
2.
Must have the title page in APA-7
th
style
3.
Must have in-text citations in APA-7
th
edition style
4.
Must have reference list in APA-7
th
edition style. Please note that you must reference the
data you are using for the project
5.
Must be prepared using word processing software (Microsoft Word preferre


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