Posted: March 2nd, 2022

ECON 203 Term Paper

Term Paper (see instructions)


ECON 203 6381 Principles of Microeconomics (2222) EG

ECON 203 Project Description (Term Paper)

Due at the end of week 7

Select at least two articles that discuss the economic concept that you chose as a topic for

your term paper.

At least one article should be dated within the previous year.

Please note that the goal of this assignment is to read, understand, and discuss recent news

using microeconomic terminology. The articles should be from an on-line newspaper or

magazine. Materials posted on educational websites, like, , and so on, are not considered news articles even if they were

recently updated and contain material related to the term paper topic.

The Term paper should have the following structure:

1. Abstract (0.25 of a page) – the short description of the concepts, problems, questions

discussed in the Term paper.

2. Introduction (0.25 of a page) (optional)

3. Literature Review (about 1 page) – 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

accordance with the 7th Edition APA Style.

4. Discussion (about 1 page) – 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 (0.25 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 note that this is the course of microeconomics, so you should choose the concepts

related to microeconomics (not macroeconomics).

Possible concepts include: (feel free to call me to discuss your choice of topic)

taxes and consumer or producer surplus

elasticity on a particular product

perfect competition

imperfect competition, such as monopolies

monopolistic competition


labor market,

wage determination

income inequality

poverty and public policy

another topic selected by the professor

Format of the Paper:

Written projects:

1. Must be typed, double-spaced, in 12-point Times New Roman or Arial font, with one-

inch margins

2. Must have the title page in APA-7th style

3. Must have in-text citations in APA-7th edition style

4. Must have reference list in APA-7th edition style. Please note that you must reference

the data you are using for the project

5. Must be prepared using word processing software (Microsoft Word preferred)

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

ECON 203 Project Description (T… (18.73 KB)


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The Term Paper should be about 2-3 double-spaced typewritten pages (plus tables and


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.

Please note that starting from the Fall 2020 semester the UMGC moved to the 7th Edition

of the APA Style. The links to the 7th Edition of the APA Style methodology are posted in

Content – Course Resources – Writing Resources.

Please note that Use of 7th Edition APA Citation Methodology is required for the assignment

The links to APA citation methodology are posted in Content – Course Resources – Writing


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

Due March 1 at 11:59 PM

Task: Submit to complete this assignment Assessment

Short Paper and Term

Paper Rubric

Last Visited Feb 28, 2022 8:49 PM

Activity Details

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