The Concept of Demand and Supply Article Summary

 

 

Instructions please follow carefully:

Topic: Current application of an economic concept covered in Econ 201 i.e., supply and demand, money and banking, national income accounting, international trade.  If your topic is outside the scope of this class you will receive no points for your paper. You must identify your concept and include an explanation of the theory (first paragraph). Your research should center on current applications. Please use citations in the body of your paper (author last name, year of article) and make sure your bibliography is included at the end of the paper. Your book does not count as a source. Sources must include the Wall Street Journal and 3 additional major business publications. Articles must be less than 6 months old. If you use an article from the Internet, make sure it is from a legitimate publication and has an identified author. The only exception is The Economist.

Do not use information from on-line blogs, chat rooms or on-line discussion boards, Wikipedia, Investopedia, Dictionary.com, Econedlink.com, or any source ending in “pedia”, eHow, Course Hero, etc. Do not use resources which focus on definitions. Do not use any work by Kimberly Amadeo, writer for The Balance or any other articles from this publication. The Balance is an excellent source for your personal research, but it is not a current article about your topic. As an example, Ms Amadeo’s article updated December 13, 2018, “NAFTA Fasts, Statistics and Accomplishments” is a great article about the history and changes to NAFTA.  It is not a current article from a major business or news publication covering the current impact of the changes to U.S. businesses. However, her sources, as long as they are current and from a major business or news publication, would be perfect. Click on the blue links in the body of the article and you will be redirected to the source article. If in doubt, please ask. Module 2 includes a link to post your topic and tell me what resources you will be using.

The paper must have at a minimum four pages of content. This does not include the title page or the explanation of your theory or topic. The explanation of your theory or topic must be one paragraph only. Your topic or theory must be on a separate page following the title page. One graph or table which relates to your topic is required and must be included in the appendix, not in the body of the paper. Explanations of the graphs/tables should be included in the body of the paper. Do not use any quotes within the body of the paper. If you decide to include any quotes, they must be placed in the appendix. The graph or table must support the economic theory covered in the paper. Graphs and tables may either be hand drawn or copied and pasted from another source. They must reflect the topic. As an example, a simple supply and demand graph which does not represent your review of the topic is not sufficient. The source of the graph or table, if is not your work, must be identified, and the reference included in the bibliography.