Assignment:
The paper must be typed and double-spaced in 12-point font with normal one-inch margins, in which case a 2,500 word document will be approximately 8.5 pages long.
All sources used in the paper must be listed alphabetically by author in a "List of References" appearing at the end of the paper. Do not list items that are not cited in the paper. Use a consistent style of footnotes, endnotes or textual references to cite sources. The List of References itself, of course, does not count toward the 2,500 words.
The purpose of the paper is to demonstrate your ability to apply price theory to explain some interesting attributes of any chosen industry or to understand the effects of some public policy. Below are three suggested topics for your paper, together with suggested information sources on each. These suggested topics are intended to be merely illustrative: you do not need to write on any of them. However, you can pick one of these topics if you wish, or choose a topic of your own. If you choose one of the topics listed below, you may use the sources provided, and/or find your own. However, you must cite at least two sources in your paper. While it is acceptable to refer to newspaper or magazine stories (a magazine that is particularly helpful in providing topical news coverage of these issues is The Economist, www.economist.com), at least two of your sources must be scholarly articles or books similar to those listed below. Again, remember to clearly reference any sources that you use.
If you choose a topic of your own, instead of one of those given below, it would be a good idea to clear it with me first, to make sure that the subject matter is appropriate and feasible. In this case you will be primarily responsible for finding sources of information on your topic, although you can certainly ask me for help during office hours.
The textbook may be a useful source for your paper, especially in providing the analytical tools you will probably need. Although it is fine to cite material from the textbook, the textbook does not count as one of the two scholarly sources you are required to use.
Topic 1: Is Microsoft a Monopoly?
Microsoft has been the subject of antitrust litigation in both the U.S. and abroad, often accused of using its monopoly of the Windows operating system to drive potential competitors out of business, manipulate suppliers of both hardware and software, and deny consumers a choice of alternatives. Some economists have argued, however, that the rapid pace of innovation in the information and communications technology industry, as well as the unwillingness of users to abandon older software platforms, mean that Microsoft actually has considerably less market power than it might at first seem. Discuss the arguments for or against regulating Microsoft as a monopoly (you can take either position, or critically evaluate claims from both sides).
Attachment:- sources.rar