In the workplace, we are often asked to create “briefs.” A brief provides a snapshot, or short, written summary, of a situation or event that has occurred. It is generally just a few pages long and may include additional visuals like a graph, chart, or table. In this assignment, write a brief about economic concepts in an industry that interests you.
An example economic brief, template, and resources are provided below.
Example Economic Brief, Assignment 1 Template, Strayer Writing Standards (SWS)
Use this resource to select an industry and learn about the products and services it provides:
Review your previous chapter readings and use the resource above to develop an economic brief that is two to three (2-3) pages long in which you:
By Your Name
(Enter your introduction text here. It should be no more than a paragraph or two. Please delete these instructions before submitting your paper.)
Industry Goods and Services
(In this section you should describe the goods and/or services produced by an industry that you pick from this list from the North American Industry Classification System. Please delete these instructions before submitting your paper.)
Market Structure and Characteristics
(Your text here should identify this industry’s market structure and two or more market characteristics. Please delete these instructions before submitting your paper.)
Microeconomic Relationships, Market Outcomes, and/or Trends
(In this section you should discuss ONE of these items as it relates to this industry: a notable microeconomic relationship, a market outcome, or a trend in the industry. Include a graph, table, or chart if possible. Delete these instructions before submitting your paper.)
How Government Intervention May Impact the Industry
(Your text here should explain how government intervention might impact this industry’s market prices, output, and / or market structure. Please delete these instructions before submitting your paper.)
1. List in order of use.
2. List a second source here.
3. Repeat for additional sources.