you are required to search for TWO newspaper articles (national or

international) where you can see some concept(s) of microeconomics being applied. Just a soft

reminder for students, that one such article was made a part of your course pack as well (those

who have read it will know which newspaper article I am referring to.)

(Hint: it was related to Demand, Supply and Market Equilibrium).

The chosen article will be evaluated in terms of relevance, identification and explanation of the

concept(s) together with the summarization of the idea being presented in the article. Finally, you

will be required to critically analyze how similar or different is the concept being presented in

the chosen newspaper article.

Relevance (how relevant is the chosen newspaper article/ clipping is to the course) 3

marks

Summary of the article 3 marks

Identification and the Explanation of the concepts (Correctly identifying the concepts

that the newspaper clipping talks about) 6 marks (3+3)

Critical analysis (how similar or different is the concept in real life world and the

models that we have studied) 3 marks