Choose a market that has been impacted by the Russia-Ukraine and Israel-Palestine War, or pandemic and the subsequent supply chain delays and disruptions because of those events. Find a current business article (2023/24) that discusses how this market was impacted. Report that identifies and explains the changes/shifts in demand/supply within this market and the factors that caused these changes.

I. Report Topic: Select a market that is of interest to you. Use what you know about this industry and knowledge from this course to the report. Markets that might be of interest include:

The power sector in Canada (increase in the cost of fossil fuels, including natural gas)

Gasoline

Lumber

Must Haves: In your report, explain and justify your analysis using current events and market facts you have researched to support your conclusions.

1. Identify and explain at least two factors that have caused a shift in the demand curve.

2. Identify and explain two factors that have caused a shift in the supply curve.

3. Identify and explain any intervention relating to this market. Explain the objective of that intervention and illustrate the impact on the market using supply and demand curves.

II. Article Choice: Find a business article (from credible resources) that discusses how this market was impacted by the above global political issues.

III. Report Format: This report should consist the following sections:

1. An introduction page. Think of this as an executive summary which summarizes your article and introduces the specific market you have chosen to look into.

2. The main body of the report (three pages) describes:

o How the market you have chosen has been impacted.

o Here you will outline important features of the market you are interested in. For Example, how has the market changed due to the Pandemic?

o What are the major changes the market has seen recently that compelled you to look into this market? What caused these changes?

o What impact have these changes had on the stakeholders?

o Who are the players (consumers/producers) in the market?

o Is the market regulated in anyway? Who are the regulators?

3. Conclusions

4. References (This will include the newspaper article and other sources about this topic).