First Half Microeconomics – Analysis of Current Events:
This first paper assignment consists of two (2) essays which should be saved and submitted as a single MS Word or PDF file document format document (double-spaced). The entire paper (total) should encompass a full five (5) pages, double-spaced.
1. (2 – 3 pages) Select any American current event, firm, or market occurring during this quarter (and not covered by Discussions) to analyze. Apply the related microeconomics which can be derived from our course content by using your own critical thinking perspectives and meaningful analysis.
2. (2 – 3 pages) Select any non-American (foreign outside of the United States) current event, firm or market occurring this quarter and do the same through your own microeconomic analysis. In each paragraph apply as many of the micro-economic principles & concepts from the course which are relevant and applicable to your topic. Include your underlined thesis statement and conclusion in both essays!
No references nor internet sources are necessary, as this work is entirely based on your own critical thinking and ability to apply / interpret what you have learned so far from the course (may be written in an informal format style). If your idea comes from a source, avoid summarizing and emphasize your own economic analysis & individual perspectives. [Please make sure that your choice of current event is not one already covered / duplicated in any of the Discussions already covered!] You need choose your own. So make sure to be current during this quarter & creative.
Suggested Steps: (1) Begin your essays and underline a meaningful thesis statement in the first paragraph of both essays, to describe the main idea and purpose of your analysis. (2) Then in each succeeding paragraph, describe as many separate microeconomic concepts or theories from the text book which apply to your chosen topic and explain their relevance. (3) In the final paragraph, develop a meaningful conclusion which you can draw from the topic. The best papers will integrate the course material effectively with your choice of events / firms / or markets for each of the two essays…
