Question: Instructions: Choose a recent newspaper article and analyze in terms of any of the macroeconomics topics covered so far in this course (e.g., Gross Domestic
Instructions:
Choose a recent newspaper article and analyze in terms of any of the macroeconomics topics covered so far in this course (e.g., Gross Domestic Product, Economics Growth, Demand and Supply, Unemployment).
For this homework:
1. Select. Find a recent news article (published within past three months, it could be anywhere in the world) about a macroeconomic topic that you find interesting. Suggested online news sources are BNN, CBC, National Post, Globe and Mail or magazines such as The Economist or Maclean's. Include a copy of the full article in your homework.
2. Summarize. Write a short (4-6) bullet-list summary identifying the key points of the article.
3. Identify. List the macroeconomics concept(s) that the article addresses.
4. Analyze. Use theory to support your explanation of what is happening, why and what you predict will happen next. Use the textbook to assist you in your explanations/predictions. Write and/or illustrate with appropriate graphs and economic analysis the key points in the article, if applicable. Graphs can be drawn using your computer or hand drawn and inserted as images.
5. Explain personal connection. Explain why this article is of interest to you (e.g., you are personally affected or you know some who is, it relates to your career goals, etc.).
6. Link to Economic Way of Thinking.Explain how this article relates to one of the topics covered in the "Economic Way of Thinking" in Chapters 1 and 2 (scarcity, trade offs, rational choices, marginal cost/benefit, incentives).
7. Attach & reference. Include a full copy of the article that you are analyzing as an appendix, or a link to the report/article. If you read other news articles to help you understand the issue make sure to list them in the reference section. It is assumed that you are using your textbook for each assignment.
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