Microeconomic Concept

This assignment is your opportunity to more deeply explore a microeconomic concept and application. The essay should include: Identify the career title you wish to have in five years. Use the Bureau of Labor Statistics Occupational Handbook to research the starting pay, education, and skill requirements.  Next identify a company with that job title and the product or service sold by the company. Select a market structure based on course materials and explain why this market structure fits the product or service. Analyze company information and explain whether the firm should continue operation or shut down based on short or long run demand and supply curves. Make recommendations why this career choice is still good based on your analysis. Research: Continue to research and collect information about the products and services as you work through the topics in this course. Discussion Questions will help with content. Remember to locate TWO scholarly sources, in addition to your textbook, to supplement your information and knowledge. These should be professional or academic sources. Go to the Library Research Guide to help you more easily find good, scholarly sources. The link is on the homepage under Resources on the left. The first tab to consult there is References. You are also welcome to do a web search. Any Google search that ends with .gov is open source and you may use for this essay. Websites are tricky. In general, stay away from .com’s and .org’s as well as open-source or commercial reference sites such as Wikipedia, Askme.com or About.com. These are fine for initial consultation, and entries in Wikipedia often have their own bibliographies you can mine. But don’t use them as ultimate sources on the paper. For more about assessing websites, see the Library/Research Guide.  Look for Economic definitions, not Wikipedia Definitions. Formatting: Your essay should be a minimum of 800 words (no more than 1000 words), double-spaced. Include the word count after the last sentence in the paper for only the body of the paper. Don’t count the words in the heading, title or Works Cited/Bibliography. Remember, the Writing Assignment is graded for word count, not page length. References: Include a Reference, Works Cited or Bibliography. Be sure to use full bibliographic references for all sources, including websites, according to correct style. Use correct internal citation style.MLA and APA Citations are accepted

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