Applying Supply and Demand: Real World Examples
For this assignment you will find a news article (not a blog, not Wikipedia, not an opinion article, a news article) that describes a change in supply, demand or both in a real world market. The learning objective is to understand how supply and demand impacts markets and prices.Begin by downloading and studying:
RUBRIC FOR RESEARCH ASSIGNMENT – MICROECONOMICS Levels of Achievement CriteriaPoor workPartial workGood workArticle quality(10 points)Article selected is not appropriate (no current news, self-implied graph in title, encyclopedia)(0 points)Article is partially acceptable: old, too broad (macro), partial self-implied graph in title(5 points)Proper article selected (current news, title refers to changes in price or sales) (10 points)Specific graph reference(10 points)No specific graph reference (A, B, C, or D) (0 points)Graph is implied but it’s not named or identified(5 points)A specific graph (A, B, C or D) is selected (10 points)Appropriate graph reference(40 points)Graph is selected, but it’s not appropriate or consistent with the article being used(0 points)Graph selected is not appropriate but arguments used are (20 points)Student selects an appropriate graph (40 points)Graph justification(40 points)No justification of graph (s) (0 points)Weak arguments justifying graph (s) (20 points)Student justifies graph(s) properly (40 points)
If you have any questions or concerns, email me.To receive full credit, your submission must be at least at least 750 words long, excluding the reference and the article link information.Now click on the “Final Research Assignment” title at the top of the page and submit your assignment as a Word Document.
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