PART A

The subject of your report will be the occupation you expect to work in after you obtain your degree from UIU. To start, go to the Bureau of Labor Statistics' (BLS's) Occupational Outlook Handbook (OOH) atwww.bls.gov/ooh/a-z-index.htm and find an occupation that fits the description of the occupation you will pursue after you graduate from UIU. Use the information in the OOH as the basis for this report. The following bullets include some words that are inblue -- use these words as first-level headings with appropriate capitalization. Your report should:

• Include a brief introduction and a conclusion. See the note, Introductions and Conclusions, for more information on introductions and conclusions.
• Define the term "derived demand" and include a real-world example of a derived demand. Do not use an example that was included in our course text.
• Discuss both factors thatcan shift the demand for labor(and other resources) that are listed in Chapter 14 of Mateer & Coppock (our textbook). These factors include changes in: (1) costs and (2) the demand for the product the firm produces. Devote two paragraphs of your report to these factors (discuss one factor per paragraph).
• Include a graph showing how the demand for your occupation will change over the next 5 to 10 years (see the Job Outlook section of the OOH's description of the occupation you selected). Hints: Use Excel to create your graph or the web site at http://nces.ed.gov/nceskids/createagraph/default.aspx. PLEASE DRAW AN EXAMPLE.
• Evaluate why business managers should have a solid knowledge of factors that affect the demand for resources. Include this evaluation in your conclusion. Please note: Your conclusion should also review all the major elements of your report.

PART B

UNIT 8.

(Mateer & Coppock)

• a separate first-level heading. For example, if a unit has three learning outcomes, then your submission must include at least three first-level headings.
• Discuss how at least one of the Learning Outcomes can be applied to a SPECIFIC real-world situation. Please note: A real-world example refers to an actual person, workplace,event, etc. Also note: If you use the words if or suppose in your real-world example, then it is unlikely to be a real-world example.
• Include one properly cited reference (quote or paraphrase) from our course text or a peer-reviewed source. Be sure you include in-text citations with your quote or paraphrase.

Our Unit 8 Learning Outcomesare to:

1. Analyze production possibilities frontiers and the implications of specialization and trade.
2. Identify market conditions where government intervention may be needed to achieve an optimal outcome.
3. Relate supply and demand analysis to government intervention (trade restrictions).