The Assignment:

For this paper you must select a current article from The Wall Street Journal, Business Week, a newspaper or any other credibly written conveyor of news.The article must in some way relate to a change in the economy relating to Macroeconomics Supply & Demand Topics: (Country, Population, Jobs via Unemployment or Employment, Housing, GDP Consumption, Exports, Imports etc.).The article must be current, (published within the past 2 months). The following is a specific breakdown of how your paper will be evaluated.Divide your paper into sections to match the evaluation scheme and use the same section headings as the ones provided below.The total text of your paper should be approximately 3-typed pages in length, double-spaced only between Sections.(I will deduct points if I observe blatant length-stretching techniques such as two-inch margins, starting half way down the first page, triple spacing, 15 point letter font, etc.)

Due Date: The paper is due at the beginning of class on March 19th. I will not accept any late papers. Upload the paper into Ecampus section Homework Assignments -Paper 1 Assignment with the grading criteria below.

Grading Criteria:

Part A.The Economic Analysis (this part of the assignment should be approximately 2 pages in length and include any graphs).

Title Page: (5 points)

Be sure to include your name and section number. Also include a complete citation of the article with title, source of your article, page number, and the author’s name.

I.Article Summary (15 points)

In this section you should provide a summary of the article you have selected.This section should be approximately one to two paragraphs in length.

II.Primary Economic Elements (15 points)

In part II you should identify the key economic elements of the article.For example, tell if your article involves a change in the overall economy or particular industry.Discuss the specific economic components.This section should be approximately one paragraph long.

III.Graphical Analysis(20 points)

Graphically analyze the impact of the economic factors you have discussed in part II.In addition to graphical depiction, provide a verbal interpretation of what is happening on the graph.How are producers and consumers reacting?Use an example of the PPF, Supply or Demand curve or simply just illustrate a graph that’s on the article you have chosen.(Don’t forget to explain you graph)

IV.Conclusions(10 points)

Explain the overall impacts of the change in the market and price.What is the impact on producers and consumers?What is the impact on the price and quantity?This section is where you should take the opportunity to provide your own insights as well.

Part B.Interviews (This part of the paper should be 1 page in length.)(30 points)

Interview two people from different backgrounds who are not taking or have not taken ECON2301. The people you interview can be students, but they do not have to be.Let each interviewee read your article and the paper you have written.Interview them concerning the article and your analysis.Do they understand the article?Do they understand your analysis?Do they find your analysis interesting?Do they find the topic interesting?Why or why not?What are their opinions about the topic?

Attach the article link at the end of the paper.This is so I can read the source of your paper. (5 points)