Jim Whitney Economics 101

Final writing assignment: Analysis of News Article

The final writing assignment for the class is designed to give you an opportunity to apply the tools developed in the course to a specific, current economic issue or event.

Step 1: Locate a recent article in a newspaper or newsmagazine which deals in some depth with an economic issue. By "recent" I mean that the article must have appeared sometime during the present school term. An example of an "in depth" article would be a detailed analysis or editorial concerning some recent economic development or policy proposal. The article you select might involve some key analytical error that the journalist makes, but such articles can be hard to find. So instead, your article might deal with one or several key concepts in the course: opportunity cost, price controls, taxes and subsidies, externalities, market power, economic discrimination, fiscal policy, monetary policy, budget deficits, and so forth. Tips:
  • Good sources of appropriate articles include Business Week, The Wall Street Journal, the Los Angeles Times, The New York Times, your hometown newspaper, or the library's Lexis-Nexis Academic Universe.
  • The article you select is crucial. Finding the most suitable article may take you more time than writing the paper itself. Consider selecting at least three possible articles, highlighting the passages you would analyze for each one, and brainstorming the key points you would make. Then select the best article for you to use, one that gives you several opportunities for in-depth applications of course tools.
You do not have to get my approval for the article you select, but you may run it by me for a "green light" if you are not sure whether or not it is appropriate for this assignment.
Step 2: You should then write a two-to-three page paper (typewritten and double-spaced, with standard fonts and margins) in which you apply the tools of the course to interpret some key point or points made in the article. Please keep the following advice and requirements in mind:
  • Consider including appropriate diagrams along with your text. Diagrams do not count as part of the 2-3 page limit.
  • Consider your audience to be your classmates.
  • Make your paper hang together well as a free-standing piece of writing. A reader should be able to read and understand your analysis without referring back to the article itself.
  • Incorporate specific information from the article in your paper, but be careful to avoid simply summarizing the article. I am particularly interested in seeing that you can apply the tools of the course to what you read in the news, so analysis of the article you choose is crucial.
  • Turn in a copy of your article along with your paper.
Your paper will be graded on the quality of your analysis and the effectiveness with which you communicate your ideas. This paper is the most heavily weighted writing assignment of the term and the caliber of your writing definitely counts, so if writing problems have been a concern in the earlier assignments of the course, consider seeking assistance from the writing tutors at the Center for Academic Excellence (CAE).
Sample papers online:
    Microeconomic topic
    Macroeconomic topic