Assignment:
Assignment Overview
Current events are opportunities to see economics in practice. This assignment provides the chance to connect economic theory to the real world and write about your findings. Use economic history discussed in class and in the textbook to show the progress made in today's markets. You can choose to work individually, or work in groups of two students. You (your group) are required to find a substantial article from Wall Street Journal. You must email Elaine by October 1 with your group members otherwise you will work individually.
If you need assistance, please consider contacting the Eller librarians at https://libguides.library.arizona.edu/EllerOnlineUndergrad
1. Once you find the WSJ appropriate article, you are to summarize the article in several paragraphs.
2. Please provide the article's complete citation and URL.
3. Then look for the areas where you see the connection between economic history and how markets have evolved.
a. For example, you may have an article where you see a town in the United States taking actions to barter instead of using U.S. dollars. Explain what you see happening and then walk through how barter was a main way of doing business. Discuss the benefits and problems such as double coincidence of wants and difficulty determining each item's value.
4. Use graphs or tables to help illustrate the economic principles
5. Conclude by explaining why you chose this article.
The review should be 2 to 3 pages single spaced and use APA format.