There are several topics in Microeconomics that you could write your paper on. The following is what I would like to see in your term paper, more specifically, in addition to what is listed in the Syllabus. A reasonable topic could be analyzing a businesss costs.
Analyzed from any of several different perspectives. Use a market model like the one in Figure 11.6 page 245 or Figure 12.4 page 261, depending on the type of company you chose. Suppose that their operation costs rise due to an increased minimum wage rate, increased taxes or increased healthcare costs.
Illustrate this as a shift up and to the left of the cost curves. Do not move the demand curve. For example, it could be McDonalds or any restaurant. Demand remains constant (people still eat) but what happens if there is an increase in the minimum wage rate. This is illustrated as the cost curves, as a group, shifting up and to the left in the model. Costs rise, margins decline, profits shrink, firm earnings fall and stock price falls. Same is the analysis for most any business that experiences an increase in costs. Chipotle and increase beef, avocado, etc. costs. Whirlpool and an increase in raw material costs, etc.
Alternatively, you could illustrate a decline in fuel costs and the likely impacts on all the above listed metrics (costs, revenues, profits, earnings, etc.). If you want to analyze a decline in natural gas prices, cost fall, costs curves shift down and to the right, margins increase, profits increase and firm stock price rises, etc.
Maybe it is starting to get cold outside. Students coming to school will need coats, gloves, scarfs, snow boots, etc. Retail stores selling these types of products will experience increased demand. The stores may not have to discount their prices as much and as a result will sell more of their inventory at higher prices making greater margins and higher profits. This should be illustrated as an increase in demand for these products. Macys (M) is a good example that comes to mind, Kohls (KSS), Nordstrom (JWN). Alternatively, customers choose to buy from Amazon and demand at M, KSS and JWN decline.
You need at least three references for your research paper. One should be your text. You then just need to find a couple of news stories like from CNBC.com, WSJ.com or Bloomberg.com or some legitimate news source that references your view.
Your paper should have at least 3 pages of text, not including the Title page or References page. You can use whichever format you want, MLA, APA, Chicago. Use Times New Roman or Arial 12-point font, double-spaced. You do not need data to computer generate the graph. You can draw the graph by hand, like I would in the classroom on the chalkboard. You can draw your graph on paper then scan it into a digital format. You can draw the graph with a software program like PPT or Word, or whatever works for you. Then illustrate your shift of the curves. Be sure to label the axes and give your graph a title and etc.
Dont make this harder than it has to be. Read the instruction in the Syllabus. Include your purpose statement like the following The purpose of this research project is to show that due to storm damage in Florida and Texas and destruction of housing units there is now a shortage of apartments and not enough construction workers to meet demand. This shortage is resulting in a sharp increase in apartment rental rates. Home builders like KB Homes cannot find enough construction workers and could be experiencing increases in costs that are reducing margins, profitability and could cause stock prices to fall.
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