Tasks for this Assignment:

• Go to the internet and find anews articlepublishedwithin the past few monthsthat discusses demand and supply of particular goods/services.
• Summarize key points in the paper.
• Refer to week 2 content materials and use specific economic vocabulary within your summary, i.e. demand, quantity demanded, determinants of demand, shifts in demand curve, etc. Likewise with supply.
  • Also you should discuss changes in equilibrium quantity and equilibrium price.
• The article you choose may not use these exact terms; therefore, it is incumbent upon you to convert the article language into economic language as is appropriate.

Note: Materials posted on educational websites, likewww.thebalance.com, www.khanacademy.orgLinks to an external site.. , and so on, are not considered news articles even if they were recently updated and contain material related to the discussion topic.

• Reflection the students also should include a paragraphin the initial responsein their own words, using economic terminology,reflecting on specifically what they learned from the article and how they think they could apply what they learned in the workplaceor everyday life.

Template for the Assignment:

This section provides the required parts for this written assignment.

First paragraph: Summarize your article and do not forget to cite the article and place your references on the paper. The summary should be 4-5 sentences.

Second paragraph: Discuss the terms that you learned from supply and demand in your article. The discussion should have at least two concepts. Talk about one of the concepts in paragraph two. Paragraph two should be 4-5 sentences.

Third Paragraph: Discuss your second economic concept. Paragraph three should be 4-5 sentences.

Fourth Paragraph: Reflection on the assignment. What did you learn? How can you use these concepts in your daily life and/or at your job? Paragraph four should be 4-5 sentences.

Notes on the Assignment:

1. The total assignment should be up to two pages not including the title page and reference page.
2. Double-space your paper using 12 point Times New Roman.
3. Do not forget to include a title page for your assignment.
4. Do not use fancy colors etc in your assignment. This is not Gloria Vanderbilt's color laboratory.
5. Check your spelling and edit your paper before submission. Have someone you know read it for you.