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Find a news article on the Internet
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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:
Supply and Demand Graphs.pptx
SupplyAndDemandGraphs2.doc
researchProjectRubric.pdf
Assignment Summary
Find a news article on the Internet that describes a shift in the
supply curve or in the demand curve. The article must be
recent (within the last six months), and MUST NOT be from
an encyclopedia or reference website that discusses demand and
supply. DO NOT use blogs. Use well established business web
sites or industry specific web sites.
The best articles are about changes in the price and/or sales of a
particular product. You then have the opportunity to
demonstrate your understanding of supply and demand shifts as
you explain the changes in price and quantity experienced by the
product you choose.
RECOMMENDATION: READ THE SAMPLE
PROJECT: Under the Start Here link.
Summarize the article. (Do not quote the article, but explain it as
if you were telling someone about it. If you do use direct quotes
or paraphrases, remember thatcitationsandreferencesare
required.)
Explain which graph in our collection - A, B, C, or D -
illustrates the shift that you identify by describing the change in