Case Study

Principles of Microeconomics (ECON 203)

Case Study

Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class. Include at least one graph developed in our course.

**Possible concepts include:

taxes and consumer or producer surplus

demand, supply, and equilibrium price of a particular product

elasticity on a particular product

perfect competition and imperfect competition, such as monopolies

labor market, wages, and income inequality

poverty and public policy

This report should be 3-5 pages double-spaced typewritten pages (without tables and graphs).

Here is the outline for the Case Study/ Project.

**Introduction

Here you will introduce your case study/ project. You will explain why this research is important. At the end of introduction you will give objectives of your project.

**Review of Literature

You will review literature relating to your project and report findings of others in this section. You will report here how other researchers designed this type of studies and what were their findings. You can give your comments about these studies. You can explain here what will be your contribution towards knowledge.

**Methodology

You will explain here methodology of your case study.

**Results and Discussion

You will present your research findings and discuss the opposing views in this section.

**Summary, Conclusion and Suggestions

You will give summary, conclusion and suggestions in this part.