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Participants analyze a chosen commodity, draft a demand curve, summarize key drivers & trends, graph demand in Excel, and write a 1500-word explanation with references. Assignment due 11/23. Clear separation of demand and supply, detailed analysis of shifters, and definitive statements on trends and impacts.
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Assignment • Participants will choose one of assigned commodities to do a preliminary draft of a demand schedule (“curve”) and summarize 4 key demand drivers and trends in those drivers. For the same commodity, summarize 4 key supply drivers and trends in them. Graph the demand (Excel based using technique shown on slide 21) plus 1500 words explanation (max) plus references. • Due 11/23 • Use any of the goods summarized in the table at this link: http://www.mackinac.org/1247 • I am looking for clear separation of demand and supply , breadth in types of shifters, and definitive statements about trend and the directional impacts on supply or demand. 5-1