Business & Finance - Financial markets microeconomics assignment

1. Applying Supply and Demand:  Real World Examples For this assignment, you will find a news article (not a blog, not Wikipedia, not an opinion article, a news article) that describes a change in supply, demand, or both in a real-world market.  The learning objective is to understand how supply and demand impact markets and prices.

Begin by downloading and studying:

· Supply and Demand Graphs.pptx

· SupplyAndDemandGraphs2.doc

· researchProjectRubric.pdf

· Assignment Summary.

· Find a news article on the Internet that  INDIRECTLY describes a shift in the supply or demand curve. The article must be recent ( within the last six months), and MUST NOT be from an encyclopedia or reference website that discusses demand and supply or a professional journal.   

· The title of your article MUST NOT directly imply the graph to apply.  For example, titles like "demand increase," "supply decrease," "demand outpaces supply," "limited supply," etc. are not acceptable.

· Do not use a macroeconomic topic such as inflation, unemployment, economic growth, money supply, national debt, etc.  DO NOT do a search using keywords such as "demand" and/or "supply."  Instead, just select any current business news as explained in the video demonstration below.

· RECOMMENDATION: READ THE SAMPLE PROJECT Under the Getting Started link.

· After selecting a specific article, summarize it using your own words, and then select a specific graph (from the "supply and demand graphs" document) that may explain the change in the price, sales, or workforce indicated in the article.  The graph must be A (demand increase), B (demand decrease), C (supply increase), or D (supply decrease).  After selecting the specific graph, please explain why you think it is the most appropriate for the situation described by referring to a determinant of demand (supply), also called demand (supply) shifters.

Video demonstrating how to look for an article:

· In your response, you must demonstrate your knowledge of chapter 4, especially: 4-2c. Shifts in the Demand Curve; 4-3c. Shifts in the Supply Curve; 4-4a. Equilibrium; 4-4b. Three Steps to Analyzing Changes in Equilibrium. You can copy from Chapter 4, Figures 3, 4, 7, 10, 11 and 12.

· To receive full credit, your submission must be at least 250 words long.

Now click on the "Week 1 Research Assignment" title at the top of the page and submit your assignment as a Word Document.