News Analysis

Order Description
ASSIGNMENT GUIDELINES

Find a news article dated January 1st, 2017 – January 27th, 2017 that has economic content specifically related to a shift in demand OR supply.
Summarize the news article. (4-5 sentences)
Economic analysis – Supply and Demand
Written analysis: Identify the market and state which determinant of demand or supply is changing. Identify the predicted shift of demand or supply and subsequent impact on equilibrium price and
quantity. Compare the new equilibrium price and quantity to the initial equilibrium price and quantity. (5-6 sentences)

Graphical analysis: Graphically show this shift (include an image within your work).

Identify the immediate shortage or surplus. Identify the predicted impact on equilibrium price and quantity. (Your graph should complement your written analysis.)

Fact check – is your economic analysis consistent with what the reporter stated in the news article? If yes, what does the reporter write to confirm this? If no, where did the reporter go wrong?
(3-4 sentences)
Provide complete citation information and a link to your article.