Order Description
The paper must be an economic analysis of the industry including its micro, macro and international economic aspects. The research paper must address topics from each of the three subject areas.
For example, topics that might be included:
Microeconomics: Analyzes the economic conditions of an industry and determine how well the market structure models (Perfect Competition, Monopolistic Competition, Oligopoly or Monopoly) and predict the behavior of the firm. Consideration should also be given to the level of competition (market share), the degree of regulation, and the issues of foreign competition as explained by the supply and demand framework.
Macroeconomics: Analyze the economic conditions in a country where the industry is prominent. Consider the level and trend of inflation, unemployment, economic activity, budget deficits, government debt, and trade imbalances and how these factors influence the industry.
International Economics: Compare and contrast economic conditions in at least two countries where the industry operates. Consider labor costs, taxes and subsidies, transportation costs, monetary policy, tariffs and quotas, and the level and volatility of exchange rates, and how these factors influence the industry. The research paper should examine the causes for the current conditions. Analyzing how and why things have occurred, not simply stating what has occurred.
