Posted: September 16th, 2017

Supply and demand

Supply and demand

The information contained here is to provide further understanding of the Article Summary
assignment from the course syllabus. You are to research and find a recent (within last 12
months) article written on any topic related to material that is presented in the text from the
publications given in the course syllabus. For instance, in Chapter 3 we study the concepts of
Supply and Demand. If you were to research and find an article on the topic of “lower gas
prices” in the Wall Street Journal the author would most likely explain that the lower prices we
are paying at the pumps now is due to either an increase supply of crude oil or a decrease in
demand for the product by consumers or maybe various other reasons related to market forces.
As you will see in the example outline in the last paragraph of the summary you tell me how
your article relates to course material. One of the goals of the course is for us to become better
decision makers. Economics is just not a course filled with new concepts, theories and
economic laws. As we progress in the course we start to learn how to apply what we learn in the
course to everyday decision making. Scroll down to review the required format and also an
example.