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DESCRIPTION: Microeconomics is very relevant to your life as a consumer, student, worker, and citizen. This course addresses many topics that are frequently addressed in the press. Step One: Each student must locate ONE current newspaper, magazine, or journal article that directly relates to a topic covered in this course. "Current" means published within the last two years. Internet news sites (i.e. www.usatoday com and www.cleveland.com) are acceptable and recommended as sources. However, your source should be a newspaper, magazine, or journal not merely any educational website. Step Two: The student is then to write a paper between 2 to 5 pages in length (double- spaced with 10 or 12 point font). 1 %% pages are not enough to earn you full credit. The purpose of the paper is to relate a topic in this course (and text) to recent news-worthy events. Part of your paper should include background information, definitions, etc. gleaned from our text. Another part of your paper should discuss the current event and how that current event relates to the information in our text. This project will be graded for content, presentation, thoroughness, insight, accuracy, organization, professionalism, correct spelling, and writing skills. MUST REFERENCE SOURCE MATERIAL: Documentation of your research and references (i.e. newspaper or magazine articles or relevant web sites) MUST be included. Specifically, that means that student must cite the article or other source material (using any reasonable citation method including MLA and others). Remember, the project also requires 2 to 5 pages of analysis written by the student TOPICS: The student should be a regular reader of newspapers and magazines. Over time, you should develop an interest in particular industries and products and in various issues affecting business, our regulatory environment, and government. Find an article of interest to you and relate it to one or more topics in the text. Or, identify a topic in the text of interest to you and then find one or more current (within two years) news articles discussing a recent development in that area. Then, write a report that relates the Microeconomics topic(s) in the text to the news article(s) EXAMPLES: For instance, the student may choose to discuss one of the following as it appears in The Plain Dealer, Wall Street Journal, or other news resource: an example of the laws of supply and demand in action (possibly resulting in a shortage or surplus of goods) an example of externalities or spillover with regard to a certain product or service (i.e. pollution- a negative externality--and the impact of the Clean Air Act on the Northeastern United States) recent developments in taxation recent developments in the activities of the public sector (government) recent developments with trade agreements and alliancesMUST REFERENCE SOURCE MATERIAL: Documentation of your research and references (i.e. newspaper or magazine articles or relevant web sites) MUST be included. Specifically, that means that student must cite the article or other source material (using any reasonable citation method including MLA and others). Remember, the project also requires 2 to 5 pages of analysis written by the student TOPICS: The student should be a regular reader of newspapers and magazines. Over time, you should develop an interest in particular industries and products and in various issues affecting business, our regulatory environment, and government. Find an article of interest to you and relate it to one or more topics in the text. Or, identify a topic in the text of interest to you and then find one or more current (within two years) news articles discussing a recent development in that area. Then, write a report that relates the Microeconomics topic(s) in the text to the news article(s). EXAMPLES: For instance, the student may choose to discuss one of the following as it appears in The Plain Dealer, Wall Street Journal, or other news resource. an example of the laws of supply and demand in action (possibly resulting in a shortage or surplus of goods) an example of externalities or spillover with regard to a certain product or service (i.e. pollution- a negative externality-and the impact of the Clean Air Act on the Northeastern United States) recent developments in taxation recent developments in the activities of the public sector (government) recent developments with trade agreements and alliances
