PRINCIPLES OF MICROECONOMICS, Summer 2022 – News Review Paper
INSTRUCTIONS:

II. ASSIGNMENT:

Choose one newspaper or magazine article from Business Week, Forbes, The New York Times, or The Wall Street Journal (not a “blurb” or summary), published during the current semester (May-June 2022), that relates directly or indirectly to some analytical concept discussed in the course.  Your write-up should:

Demonstrate your understanding of your readings of this concept, making clear how you would interpret it, how you would use it, what it is important for, and any other relevant issues;

Make clear the relevance of your concept to an article you picked by connecting them, i.e., explain point(s) made by author using concept.  Be careful to explain statements you make—don’t simply make assertions you don’t support.  The statement(s) you focus on from the article will generally report that “something happened”; your task is to fully explain why, using your concept.  Don’t simply use the article to illustrate your concept—your task is to explain the article using the concept.♫ (For example, your concept may be a product demand function and your article might report that increased consumer income has raised the demand for cars; to simply describe a demand function graphically or algebraically, and then describe how higher income will increase demand fails to explain why higher income causes demand to increase, and that would be your task in this case).

The first sentence of your 2 to 3 page paper, (excluding any graphs), should state which analytical concept you have selected.

Highlight selection(s) of article your write-up addresses and somehow get the article to the professor by attaching it to an email or brining it into campus, with your write-up.  State source of article—title of newspaper or magazine, author, page, date—early in paper, somewhere in first paragraph.