Question
ECON 203 Project Description (Term Paper):
Select at least three news articles that discuss the economic
concept that you chose as a topic for your term paper.
At least one news article should be dated within the previous
two months.
The Term paper should have the following structure:
1. Abstract (0.5 of a page) – the short description of the
concepts, problems, questions discussed in the Term paper.2.
Introduction (0.5 of a page) (optional)3. Literature Review (about
2 pages) – please compare and contrast the opinions of the authors
of the articles, present the important information, data,
statistics to support your conclusions. It is important that the
Literature review is written in your own words with small quotes
from the article. All quotes must have references in APA format. 4.
Discussion (about 2 pages) – Your task for this part of the Term
paper is to analyze the issue described in the articles using the
economic concepts and theory learned in this class. Refer to the
course content materials and use specific economic vocabulary
within your term paper. The articles you choose may not use
these exact terms; therefore, it is incumbent upon you to convert
the article language into economic language as is appropriate.
Include at least one graph developed in our course. 5. Conclusion
(0.5 of a page)
The Term paper should be the title page and sub-titles that
correspond to the structure described above.
Please note the Term paper should be written in your own
words. You can use short quotes from the article(s) to support your
statements. However the size of these quotes should be reduced to
minimum. No more than 20% of the text of the term paper should be
made up of quotes.(less is better!!!).
Please also avoid copying the materials from any textbooks,
including our textbook.
Please be aware that Wikipedia, Investopedia, and other
on-line dictionaries and encyclopedias are not verifiable sources
of reliable information, and should not be used in the Term
paper.Acceptable sources of the information are: research papers,
newspaper articles, and books.
Please note that this is the course of microeconomics, so you
should choose the concepts related to microeconomics (not
macroeconomics).
Possible concepts include:
• taxes and consumer or producer surplus• demand, supply, and
equilibrium price of a particular product• elasticity on a
particular product• perfect competition and imperfect competition,
such as monopolies• labor market, wages, and income inequality•
poverty and public policy• another topic selected by the professor
Format of the Paper:
Written projects must be:
1. typed, double-spaced, in 12-point Times New Roman or Arial
font, with margins no wider than one inch2. have footnotes or
endnotes, with correct citations3. have a bibliography of sources
used4. include, for each entry, the author, title, city and state
of publisher, publisher’s name, year, and page numbers5. prepared
using word processing software (Microsoft Word preferred), in a
manner similar to the preparation of a written assignment for
classroom submission
The Term Paper must be posted to the LEO Student Assignments
as a Attachments are limited to a maximum two files in doc, docx.,
xls. xlsx., or rtf. formats. OTHER FORMATS ARE NOT ACCEPTABLE, will
not be reviewed or graded.
The Term Paper should be about 4-5 or more double-spaced
typewritten pages (without tables and graphs)
Please note that hand-written and scanned works, pdf. files,
jpg. files, as well as files posted in google drive, will not be
accepted or graded.
The paper should be written in APA style Research Paper
format.
Please note that Use of APA Citation Methodology is required
for the assignment
In accordance with the UMUC Academic Policy, notes taken for
papers and research projects should accurately record sources of
material to be cited, appropriately quoted, or summarized, and
papers and research projects should acknowledge these sources in
the appropriate places in the text of the paper as well as in a
reference list at the end of the paper, in accordance with accepted
citation practices.
All works must be Word processed. Handwritten and scanned
work will not be accepted and graded.
The links to APA citation methodology are posted in Content –
Course Resources – Writing Resources.












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