Class: Microeconomics
Assignment: What is the impact of the rise in oil
prices on the US economy? Please discuss the factors that is leading to the
rise in oil prices.
Length of Paper: Five pages typed, (will be at least 1,500 words in length and
will be Double-spaced, using a 12-point font).
Sources: Please use any of the following sources in writing your paper (You
may use others as well):
• Textbook Microeconomics 10th Edition by William Boyes and Michael Melvin • Wall Street Journal• The Economist• Business Week•
Forbes Magazine• The Economic Report of the President.
Please include footnotes where appropriate, and conclude with a
bibliography.
Note: I need this paper to be original and not plagiarized. I will not submit it plagiarized and will check your work. If is plagiarized I will ask for my money back. this class concentrates on Demand and Supply; principles of market mechanism; pricing and output determination under competitive and noncompatitive market behavior; and factor productivity and prices. My paper has to demonstrate that in regards to impact of the rise in oil pricess on the US economy.