1. Economics: Supply/Demand market project (35 classwork points)
Choose a market that interests you
Identify 3 major corporations involved in the market (-5 if missing)
Explain whether the demand is elastic or inelastic (-10 if missing, -5 if not explained correctly)
Evaluate the effect of a government price ceiling on your market (-5 if missing)
Find two articles that affect that market’s supply or demand curves (-10 for no citation)
Cite your sources, use the Economist or your phone, MLA format (- 5 for each missing)
Draw a graph for each article and short explanation of change , explain what happens to EqP, identify the
determinant that changes (PEST = Supply, TRIBE = Demand) (-2 for each mistake)
Show the change to secondary market, could be a complement, substitute, or factor of production (-10 if missing)
Must be color and include a few pictures (-10 if missing)
Make either a color poster or pamphlet, or website
Economics: Supply/Demand market project (35 classwork points)
Choose a market that interests you
Identify 3 major corporations involved in the market (-5 if missing)
Explain whether the demand is elastic or inelastic (-10 if missing, -5 if not explained correctly)
Evaluate the effect of a government price ceiling on your market (-5 if missing)
Find two articles that affect that market’s supply or demand curves (-10 for no citation)
Cite your sources, use the Economist or your phone, MLA format (- 5 for each missing)
Draw a graph for each article and short explanation of change , explain what happens to EqP, identify the
determinant that changes (PEST = Supply, TRIBE = Demand) (-2 for each mistake)
Show the change to secondary market, could be a complement, substitute, or factor of production (-10 if missing)
Must be color and include a few pictures (-10 if missing)
Make either a color poster or pamphlet, or website
Economics: Supply/Demand market project (35 classwork points)
Choose a market that interests you
Identify 3 major corporations involved in the market (-5 if missing)
Explain whether the demand is elastic or inelastic (-10 if missing, -5 if not explained correctly)
Evaluate the effect of a government price ceiling on your market (-5 if missing)
Find two articles that affect that market’s supply or demand curves (-10 for no citation)
Cite your sources, use the Economist or your phone, MLA format (- 5 for each missing)
Draw a graph for each article and short explanation of change , explain what happens to EqP, identify the
determinant that changes (PEST = Supply, TRIBE = Demand) (-2 for each mistake)
Show the change to secondary market, could be a complement, substitute, or factor of production (-10 if missing)
Must be color and include a few pictures (-10 if missing)
Make either a color poster or pamphlet, or website
Economics: Supply/Demand market project (35 classwork points)
Choose a market that interests you
Identify 3 major corporations involved in the market (-5 if missing)
Explain whether the demand is elastic or inelastic (-10 if missing, -5 if not explained correctly)
Evaluate the effect of a government price ceiling on your market (-5 if missing)
Find two articles that affect that market’s supply or demand curves (-10 for no citation)
Cite your sources, use the Economist or your phone, MLA format (- 5 for each missing)
Draw a graph for each article and short explanation of change , explain what happens to EqP, identify the
determinant that changes (PEST = Supply, TRIBE = Demand) (-2 for each mistake)
Show the change to secondary market, could be a complement, substitute, or factor of production (-10 if missing)
Must be color and include a few pictures (-10 if missing)
Make either a color poster or pamphlet, or website