The purpose of this brief paper is to explain one economic principal that is covered in a short newspaper or magazine article. Please Do not use multiple sources. The article must be recent–no more than 3 months old.This is NOT a research paper. Simply a demonstration, in writing, recognizing economic principles in the real world.
Please Do NOT just summarize the article.
Describe how that story / article demonstrates an economic principle, shows an economic model in the real world, or illustrates some economic law.
Examples:
How does the article support the Simple Circular Flow model?
How does the article support the Law of Supply and Demand?
You could also address issues such as long-run growth, inflation, closing recessionary/contractionary gaps, fiscal or monetary policy, etc.
You could look ahead: How does this particular article display / illustrate the major business structure models (Monopoly, Monopolistic Competition, Oligopoly, or Perfect Competition)?
The article can be about anything. Do NOT use the word “I”; write this as you would a business presentation/paper. Think about how a newspaper article is written or your book is written –they rarely use the words “I,”“me,”“my,”or “we.”
Your paper should use this format:
? 2 typed pages, 2 pages maximum
? Double spaced
? Margins
a. Introductory paragraph
i. Topic sentence
ii. Three main points (at least)
iii. Transition
b. Main point 1
stbody paragraph
i. Three-five sentences at least
ii. Development of the first of your main points in a.ii, above
c. Main point 2
ndbody paragraph.
i. Three-five sentences at least
ii. Development of the second of your main points in a.ii, above
d. Main point 3
rdbody paragraph
i. Three-five sentences at least
ii. Development of the third of your main points in a.ii, above
e. If more than three main points, address each in a separate paragraph.
f. Closing paragraph
i. Two-five sentences providing a summary
ii. Do NOT put anything new here –if you do it is not a summary
