- Choose an industry that interests you. REAL ESTATE INDUSTRY
- Do research on your industry. In a few short paragraphs, describe your selected industry:
- Be sure to write in your own words.
- Identify some of the major companies in this industry.
- Identify the goods, and/or services this industry produces.
- Add anything else about the industry that you think is interesting.
- Keep track of your sources and list them at the bottom of your paper according to SWS.
- Describe a microeconomic variable for your industry. Microeconomic variables include prices, sales, production, advertising, investment, and so on.
- Include a graph, chart, or table showing this microeconomic variable over time.
- You do not need to create this graph, chart, or table. Find one that has already been created and paste it into your paper. For example, if your industry is U.S. automobile manufacturing, Google, “U.S. automobile manufacturing over time.” Select the “images” option. Choose one of the graphs, charts, or tables. Then copy and paste it into your paper.
- Include a reference to the source of the graph, chart, or table. Microeconomic relationships and market outcomes are covered in Weeks 2–4.
- Describe one way the government might impact this industry. Examples might include price controls, regulations, taxes, or any other way you can think of.
- Government intervention through price controls, regulations, taxes, and antitrust enforcement were covered in Weeks 2 and 4.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
Resources to Complete the Assignment
The specific course learning outcome associated with this assignment is:
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Explain economic principles and their applications in the real world.