Supply and Demand may be the most common words in economics, but applying these concepts to the real world requires a
bit of elaboration. Using your understanding of the market forces of supply and demand, explain how the market works. Add
in a global economics issue and illustrate how it impacts the equilibrium price and quantity.
Length requirement – 3-5 pages (double spaced, 12 inch font size), not including reference list , graphs or charts
Quotations – DO NOT use quotations.
Title – give a catchy title
Reference list – use minimum 10 references. Use APA style – both in- text, as well as, in the reference list


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