ECN 320 HW6

JOURNAL ACTIVITY

Journal Activity #1: Web Field Trip

Directions: Please visit the following website:

·         Organization of the Petroleum Exporting Countries

Fnd Publications/Reports and click on Monthly Oil Market Report.  The output figures are near the end of the report.

Then answer the questions below.  Please provide detailed and elaborate responses and ensure that your responses are a minimum of 100 words each and include examples from the reading assignments or personal experience, if possible.

1.      Find the latest OPEC output figures.

2.      What did you find?

3.      Were you surprised by the results?

Journal Activity #2: Current Event

Directions: Choose a topic from this week’s learning that you found intriguing.  Then visit a media website (CNN, MSN, etc.) and choose a current event that pertains to the topic of your interest.

When completing this assignment, you will want to include the following:

1.      Brief reaction to the article/work (article should relate to the current course learning)

2.      Explain why you feel this article pertains to class

3.      Summary of the article/work: Summarize the importance of the topic vs. our class learning

4.      Bibliographical entry – Follow APA format for both the current event and case study

Work will be double spaced, two-three pages in length and follow the format listed below:

1. Summary: A brief description of the premise of the article.
2. Background: What was the basis for the article?  What caused the author to write the article?
3. Findings:  What were the results/findings the article made?
4. Reaction to the article: What did you think?

The current event assignment must be typed, double-spaced, with 1-inch margins and 12-point type following APA format.  A title page and reference page are mandatory.

Note: You may utilize LIRN to help you locate an article.  Please visit the Academic Resource Center for guidelines on using LIRN and APA format.

Journal Activity #3: Practical Application

Directions: Please provide detailed and elaborate responses to the following questions.  Your responses should be a minimum of 1 to 2 paragraphs and should include examples from the reading assignments or personal experience, if possible.

1.      Walmart wants to open a superstore near you.  List the reasons why you think they (a) should be allowed to do so; (b) should not be allowed to do so.

2.      Does your college bookstore have a monopoly?  In what ways is that a good thing?  In what ways does the store abuse its monopoly power?