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Question Description

Create research questions based on a topic covered in class that interest you. Research and find answers to those questions by using articles from current or past events from any major publication (electronic or print edition) to be your research references. Articles that appear in economic journals or business magazines such as The Economist are good resources. In addition, articles that appear in blogs or newspapers are good sources for further research. Several links to good references are available under the Content and the Announcement section on the class website as well as a sample and guildlines for your research.

The objective of the paper is to summarize, analyze, critique, support (or question) the articles, and relate the articles to your research questions. The paper must show an analysis of a real world situation using economics concepts, framework, and theories to suggest such as what the problems are, why there are the problems, how to fix the problems, what the pros and cons of each solution are, and how it will affect each group of people.

  • Remember: Your assignment is to write a research paper, NOT a dictionary or a section of a textbook or a newspaper article or a Wikipedia. Use economics theories and concepts to analyze real world economic problems.
  • Each paper must have a minimum of 750 words but should not over 1,200 words excluding title, quotes, and references. A paper between 700-749 words will receive a maximum of a "C+" or lower. A paper below 700 words will receive a maximum of a "C" or lower depending on a quality of a paper.
  • Submit in Doc, Docx, or RTF format only.


You can find examples of topics for research paper I have attached

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Microeconomics examples of topics for paper#1 IMPORTANT Guidelines for paper - You are doing a short research paper. Therefore, you need come up with research questions or thesis. Think what interests you in what we cover in the class. For example, o If you are interested in outsourcing, your research questions could be “Is the US better off or worse off because of the outsourcing to China?”. Then you go do a research on it. Find academic articles or news articles that support and/or against outsourcing. o You do research by reading those articles that you found and then combine the information you find into a unified paper that represents your fully formed expertise. The key to the whole thing is "combining," so as you do your research, look for facts and information that go well together and help explain (or disagree with) each other o You may start your introduction and research questions. Then start a second paragraph with a short explanation of what is “outsourcing” and state facts such as how many dollars or how many jobs the US outsourced to China in 2010. o The paper must show an analysis of a real world outsourcing situation such as what are the problems with the outsourcing, why there are the problems, how to fix the problems, what the pros and cons of each solution are, and how it will affect consumers who buy imported goods at Walmart or exporters to China. o Warning: You should have one or two research questions or more depending on your interest. If you only have one research question for your whole paper and that question is “what is outsourcing”, for example, you basically just look for a definition or a textbook explanation. This will NOT be a good research paper. This is NOT a high school paper. o A paper that only provides definition, textbook explanation, or news/facts reporting will NOT earn good scores. You are not writing a dictionary or a textbook or a newspaper. You are writing an economics research paper. o Do not get stuck on picking a cool topic or a topic with economics keywords. If a high school paper is about a topic, a college paper is about research question(s) or thesis statement. A topic such as pregnancy can be good topic if the research question is, for example, what are the opportunity costs of pregnancy before finishing high school comparing to after finishing high school and college. - - The topics and articles provided here are just examples. You are not limited to these topics. You can pick any topic that related to what we cover in our exams. You should look for more articles for your research. In order to get an “A” for essay you must use at least four news articles for your research. If you use only the article that I provide here, it will only give you a maximum of a “C+”. So, go out and find more articles that compliment your research questions. Do not forget to read the grading criteria for paper/essay in the “content” area in the class website. Tips: Do not to use spoken language in academic writing. Write from 3rd person perspective Do not use contraction in a formal writing. Note: Some of the links here may not work. I have no control over those websites. They may change their links at any time. Use Google to find them. If you do not know how, go to the library and ask for a reference librarian. They are trained professional to help you find material for your research. If you do not find any topic here interesting, browse these websites to find more topics. http://marcgawley.com/ http://krugman.blogs.nytimes.com/ http://gregmankiw.blogspot.com/ http://conversableeconomist.blogspot.com/ Microeconomics What to do when there is no toilet papers to buy? Applied Topics: Price control, International Trade Research Questions: 1. Why did Venezuela run out of toilet papers? 2. Why price control could create a shortage of goods esp. imported goods and eventually lead to a collapse of an economy? Possible articles to answer the research questions (don’t forget to find more articles) http://www.chicagotribune.com/news/columnists/kass/ct-venezuela-toilet-papershortage-kass-0226-20160225-column.html http://www.npr.org/sections/money/2016/10/21/498867764/episode-731-howvenezuela-imploded http://www.npr.org/2016/11/02/500407498/how-venezuelas-economy-collapsedand-led-to-political-unrest Trade deals or technology that killing jobs Applied Topics: International trade, Economic growth Research Questions: 1. Does international trade really kill jobs in the US? 2. What kind of jobs we lost and what kind of jobs we gained because of international trade and outsourcing? Possible articles to answer the research questions (don’t forget to find more articles) http://www.marketwatch.com/story/the-real-long-term-threat-to-american-jobs-istech-not-trade-deals-2017-01-23 http://www.marketwatch.com/story/amazon-is-going-to-kill-more-american-jobsthan-china-did-2017-01-19 http://www.cnn.com/2017/01/23/opinions/killing-ttp-great-for-china-bergstrandopinion/index.html Robots are taking our jobs Applied Topics: Price control, technology advancement and unemployment Research Questions: 1. Robots and new technology are taking away jobs from human. In 2008-2010 Our government has bailed out U.S. automakers to save millions of jobs, not just factory workers but also dealership related jobs and auto repair related jobs. Should our governments intervene or stop robots and new technology taking jobs away from us? Should governments offer other alternatives to those who will lose job? 2. Minimum wage is going up. Fast food chains are starting using machine (kiosk) to take order instead of minimum wage workers? Should we stop technology from progressing? What is the overall economic impact to the economy? Possible articles to answer the research questions (don’t forget to find more articles) http://www.huffingtonpost.com/scott-santens/self-driving-trucks-are-going-to-hitus_b_7308874.html https://app.box.com/s/9gr9yr81lbjqkgs9ybnilw2u7ks4b1vf https://app.box.com/s/wjgwlpnf2qopbdhgokoq7r9p1568fzcf https://app.box.com/s/xqj4i4ndlgpvv8ec8hehwvnkifbiuj13 https://app.box.com/s/pabr6mnccsyox6wygt29uqorvem4lqt0 http://www.zerohedge.com/news/2017-03-27/meet-sam-brick-laying-robotdoes-work-6-humans Minimum wage increase would cost more to society than gain in long run Applied Topics: Price control, Application of demand and supply Research Questions: 1. What are pros and cons of raising minimum wage? 2. Who benefit and who loss in short run and long run when minimum wage raises? 3. Why minimum wage increase would cost more to society than gain in long run? (or that is not true?) Supporting articles (don’t forget to find more supporting articles): http://money.cnn.com/2014/02/18/news/economy/minimum-wagecbo/index.html?hpt=hp_t2 A Black market for Apple Genius Bar in China Applied Topics: Application of demand and supply Research Questions: 1. Should a supplier/producer let the market create a black market to clear the excess demand for its product? Why or why not? 2. When there is demand more than supply, how would a supplier/producer prevent a black market to occur? 3. Who benefit and who loss from this type of black market? Or everyone is a loser or everyone is a winner? Supporting articles (don’t forget to find more supporting articles): https://app.box.com/s/pet6g0zfhh3r02he4mb6 Price ceiling for a super star athlete Applied Topics: Price control Research Questions: 1. Should there be a price ceiling for a professional athlete (ex. Basket ball players, football players and other sports)? Should there be a price floor as well? 2. Why or why not a price control would make economic sense for a professional sport? 3. Who would benefit and who would loss from such price control? Supporting articles (don’t forget to find more supporting articles): • http://www.npr.org/blogs/money/2013/01/25/170176590/at-17-5-million-a-yearlebron-james-is-underpaid Wheat prices: Field events Applied Topics: Supply and demand model. The article examines the international wheat market. Research Questions: 1. Under the supply and demand model how Russia's action caused the price of wheat to increase. 2. Under the supply and demand model how the actions of Egypt, Tunisia, Algeria, and Jordan caused the price of wheat to increase. Supporting articles (don’t forget to find more supporting articles):: • http://www.economist.com/node/16994407?story_id=16994407 Chinese Form Lines Outside Apple Stores for iPad Applied Topics: Supply and demand model, surpluses and shortages, rationing by waiting. The article examines release of Apple's iPad in China. Research Questions: 1. Under the supply and demand model why the price of iPads in China is higher than it is in the U.S. (Hint: The U.S. market for iPads is completely separate from the market for iPads in China. It is extremely difficult to buy iPad in big lots from the U.S. and resale them in China but not impossible. Find supporting evidence/articles) 2. Is there likely to be a shortage or a surplus in this market? Would it create a black market for iPad? (Find supporting evidence/articles of similar situations) Supporting articles(don’t forget to find more supporting articles): • http://www.toptechnews.com/section.xhtml?category=126 The age of ethanol Applied Topics: Supply and demand model, determinants of supply and demand. The article examines the ethanol market. Research Questions: 1. Under the supply and demand model what the effect of allowing the tariff on imported ethanol would be on the price of ethanol in the U.S., other things constant. 2. Under the supply and demand model what would happen to the price of ethanol if the subsidies for corn ethanol were eliminated. (Find supporting evidence/articles of the same or similar situations) Supporting articles (don’t forget to find more supporting articles):: • http://www.economist.com/research/articlesbysubject/displaystory.cfm?subjectid =8780295&story_id=16492491 Health care reform: Who must buy insurance? Applied Topics: Supply and demand model, determinants of supply and demand, rational self-interest. The article examines effects of the health care law on insurance companies and the uninsured. Questions: 1. Under the supply and demand model how increasing the number of persons who would be required to buy health insurance and requiring insurance companies to sell health insurance to persons with preexisting conditions affect the price of health insurance. 2. What would happen to the price of health care services when insurance companies cannot refuse to insure persons with pre-existing conditions likely to have? How? Supporting articles(don’t forget to find more supporting articles): • http://articles.moneycentral.msn.com/Insurance/InsureYourHealth/health-carereform-who-must-buy-insurance.aspx The jobs market for economists: Applied thinking Applied Topics: Supply and demand model, changes in supply and demand. The article examines the market for economists in 2010. Research Questions: 1. Under the supply and demand model what is likely to happen to the wage (salaries) paid to academic economists. Supporting articles(don’t forget to find more supporting articles): • http://www.economist.com/businessfinance/displayStory.cfm?story_id=15213689 &source=hptextfeature Obama Tax Prompts Put-Upon Bankers to Break Out the Violins Applied Topics: Supply and demand model, determinants of supply and demand. The article examines the use and possible effects of the Obama administration's proposal to tax the largest banks to help pay for the TARP program over the next 10 years. Research Questions: 1. Under the supply and demand model how the tax discussed in the article is imposed would affect on the price of financial services charged by banks ? 2. The author of the article argues that the tax is "too low." Can you use supply and demand analysis to support his argument? How? Or Why not? Supporting articles (don’t forget to find more supporting articles): • http://www.businessweek.com/investor/content/jan2010/pi20100115_247526.htm Rough times for US oil refiners Applied Topics: Supply and demand model, changes in supply and demand. The article examines the market for oil and refined petroleum products. Research Questions: 1. Under the supply and demand model why the price of crude oil increased. 2. Under the supply and demand model how it would have been possible for the price of gasoline to have decreased. What should have had to be done? Supporting articles (don’t forget to find more supporting articles): • • http://www.petroleumeconomist.com/default.asp?Page=14&PUB=46&SID=723802&ISS=25538 http://www.cnn.com/2012/02/27/opinion/whitaker-in-depth-gasoline/index.html ...
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shellyt
School: Duke University

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OUTLINE

Rough times for US oil refiners

Applied Topics: Supply and demand model, changes in supply and demand.

The article examines the market for oil and refined petroleum products.

Research Question:

Under the supply and demand model why the price of crude oil increased.


Running Head: ROUGH TIMES FOR U.S OIL REFINERS

Rough Times for U.S Oil Refiners
Institution Affiliation
Date

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ROUGH TIMES FOR U.S OIL REFINERS

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Rough Times for U.S Oil Refiners
Records show that exploration for petroleum begun in Central and East Asia. Oil has served
a key role in the U.S economy since it was first commercially explored in the 1800s. The demand,
supply and price of oil has developed into having a huge influence on issues such as progress and
inflation in the U.S. In early 1970’s, oil exploration globally has stretched to its maximum and the
augmented demand globally produced a burden on the oil prices in the U.S. The condition became
grave in 1973 when oil demand was higher than supply causing long ques on gas stations and
causing gasoline rationing. The oil calamities in 1973 and 1974 were vital in showing U.S
susceptibility in oil supply and demand and the exterior monetary and political issues influencing
the price of oil (Yang et al, 2002). This paper will focus on discussing the impact of s...

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Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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