Microeconomic Summary Discussion Assignment
INSTRUCTIONS
I need a total of five (5) of the following articles. They should be written from the perspective of a college aged white American male.
Environmental scanning is a useful tool to create awareness and knowledge of how information relates to current environmental conditions. It is usually specific to a topic. For this course the topic is microeconomics, or any aspect of that topic that is discussed in the text. The process involves perusing and gathering articles from various media sources that pertain to that topic. The sources must be as reliable as possible and should be current (not more than one week old if possible). Sources can include all news web sites, business databases from the library web site, newspaper and magazine sites, and any other source that can provide up-to-date, reliable information. The article does not necessarily have to apply to any particular chapter information, it just needs to pertain to (micro)economics in some way. This should be specified in the summary and/or the impact statement. The whole purpose of this is to tie the text book to real life and to explain how the economy affects all of us in various ways. The process includes preparing a page of information that includes the following:
- The title of the article
- The source of the article
- The date of the article
- The url for the article
- The author of the article
- A good, strong summary of the article
- An explanation as to how the information in that article could possibly impact you, now or in the future. Microeconomic Summary Discussion Assignment
The criteria for grading these is: the article can be no older than 7 days, it must be from a reliable source, you much include all the information required, and the submission must have your name on it. If you are working with a team this can be a team project, so only ten are required by the entire team (not each person individually). If there are any questions about this or if there is anything you do not understand, please ask me and I will attempt to explain. Below is a sample:
Title of Article: More Restaurants Are Banning Tips. That Might Be A Good Thing.Source: http://www.huffingtonpost.com
Date: 5 May 2014The url: http://www.huffingtonpost.com/2014/05/05/restaurants-banning-tips_n_5266100.html?utm_hp_ref=money&ir=MoneyAuthor: Juliette MichelSummary: Many restaurants are adopting a new “no tips” policy where people who come to dine are not required or expected to leave a tip after they are done dining.Tips could vary greatly between different people who are dining, and some people may not leave any tip at all, even if the reason they didn’t leave a tip wasn’t the wait staff’s fault. Because of the variations in tip size, the no tip policies factor the tips into the bill for dining out and ensure that the wait staff gets a proper pay that is fairly even with the staff that work in the back of the diner. Impact on me: The main impact this has on me is that the raise in the prices, in order to factor in a final tip, could cause me to eat out less often, which could lead to saving more money and eating food that would be better for me than what is found in restaurants. Overall, the act of factoring the tip into the final bill would lead to me living a healthier lifestyle and would also lead to saving up more money rather than spending a good chunk of it on eating out at restaurants for a hefty price.