Read the current popular business press (newspapers, magazines, etc.). Do not look for articles in research journals, obscure publications or use a computer search. After finding a good article, create a short (2 page maximum) overview that contains the following four parts. (Use the labels in bold to delineate the sections.) Assignment Format: 2pages max 12pt single space 1) Reference Information. What is your name? Where is the article/story from? Include the name, date so that other students can find this information easily. If the material is not copyrighted and not available online make copies for everyone in the class. Attached is an article for this assignment: Food Supply Stays Tight as Disappointing U.S. Harvest Adds to Global Challenges (WSJ) Food Supply Stays Tight as Disappointing U.S. Harvest Adds to Global Challenges – WSJ Note: Refer to the format of Example1 and Example2 2) Economic Concept. What lecture concept does the article/story explain? Note1:Supply and Demand on commodities at macroeconomics level due to drought and war at Ukraine Note2: Refer to Example1 and Example2 3) Article Summary. Why it is important or interesting for this class? Note1: Agriculture executives say at least two years of bumper crops are needed to relieve pressure from drought and the war in Ukraine Note2: the concept of supply and demand with definitions and concrete examples, it cites 1) the causes of ongoing macro changes affecting crop supply prices, and 2) provides examples of how further changes in crop supplies will impact prices and the downstream products and logistics dependent upon these supplies and, ultimately, consumers Note3: Refer to Example1 and Example2 4) Questions & Answers. Write at least two good quantitative (i.e. with numbers, graphs or multiple choice answer) exam questions based on the article. Do not write qualitative questions that have no clear right or wrong answer. Make sure you include answers to your own questions. It is fine to make up some of the data in your questions if the article doesn’t have it. Note1: Add a short supply graph on crop harvest that will increase the price as one of the questions Note2: Refer to Example1 and Example2
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