Economic concepts models- demand/supply concepts, Macroeconomics

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Questions:

  1. Search through newspapers for ONE article that is relevant to the economics concepts. You are also required to attach the article to your final report
  2. News events which you may consider include events relating to inflationary economy, recessionary economy, fiscal policy, monetary policy,demand/supply concepts, price elasticity as well as market structure. .
  3. Summarise the article first (approx 200-300 words). Analyse the article and identify linkage between the economics models (graphs) and concepts in the discussion on the article.
  4. Where applicable, draw diagrams to support your discussion. Your report should be about 1,200 words, inclusive of the summary.
  5. More marks will be awarded for reports which provide more detailed discussion and in-depth analysis with adequate referencing to the economic concepts and models.

 


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