News Analysis

News Analysis Order Description ASSIGNMENT GUIDELINES Fin" rel="nofollow">ind a news article dated January 1st, 2017 – January 27th, 2017 that has economic content specifically related to a shift in" rel="nofollow">in demand OR supply. Summarize the news article. (4-5 sentences) Economic analysis – Supply and Demand Written analysis: Identify the market and state which determin" rel="nofollow">inant of demand or supply is changin" rel="nofollow">ing. Identify the predicted shift of demand or supply and subsequent impact on equilibrium price and quantity. Compare the new equilibrium price and quantity to the in" rel="nofollow">initial equilibrium price and quantity. (5-6 sentences) Graphical analysis: Graphically show this shift (in" rel="nofollow">include an image within" rel="nofollow">in your work). Identify the immediate shortage or surplus. Identify the predicted impact on equilibrium price and quantity. (Your graph should complement your written analysis.) Fact check – is your economic analysis consistent with what the reporter stated in" rel="nofollow">in the news article? If yes, what does the reporter write to confirm this? If no, where did the reporter go wrong? (3-4 sentences) Provide complete citation in" rel="nofollow">information and a lin" rel="nofollow">ink to your article.