Assignment 1: Economic BriefThis assignment is aligned to these course outcomes:Explain economic principles and their applications in the real world.Summarize the different types of market structures and the role of government in economics.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)Review an example brief.Use the optional template to help you get started.Get familiar with the Strayer Writing Standards (SWS). (See Instructions below.)Industry SelectionUse this resource to select an industry and learn about the products and services it provides:NAICS (North American Industry Classification System)Select the number next to the industry to see its subsectors, e.g., select 52 to see Finance and Insurance.Select that same number again to read about the industry as a whole or select a sub-category. For example, Mining is 21, and Oil and Gas Extraction, a sub-category, is 211.InstructionsReview your previous chapter readings and use the resource above to develop an economic brief that is three to four (3-4) pages long in which you:Select an industry and describe the goods and/or services this industry produces. Use the NAICS resource above to help you select an industry (and/or subsector) for your brief. Identify this industry’s market structure and at least two or more market characteristics that support this market structure. (Market structures are covered in Weeks 3 and 4.)Describe any notable microeconomic relationships, market outcomes, and/or trends in this industry. Include a graph, chart, or table containing related data. (Microeconomic relationships and market outcomes are covered in Weeks 2 through 4.)How might government impact this industry’s market prices, output, and/or market structure? (Government intervention through price controls, industry regulations, and antitrust enforcement is covered in Weeks 2 and 4.)This course requires use of Strayer Writing Standards (SWS). The format is different compared to other Strayer University courses. Please take a moment to review the SWS documentation for details. (Note: You’ll be prompted to enter your Blackboard login credentials to view these standards.)Your brief should include a cover page.Your brief should be two to three (2-3) pages in length (not including the cover page), double-spaced, 12-point font.Your brief should include a minimum of one (1) reference/citation in the text.
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Strayer University Writing Standards
Communicating professionally and ethically is one of the
essential skillsets we can teach you at Strayer. The following
guidelines will ensure:
· Your writing is professional
· You avoid plagiarizing others, which is essential to writing ethically
· You give credit to others in your work
Visit Strayer’s Academic Integrity Center for more information.
Strayer University Writing Standards
1
Writing Assignments
Title Your Work
If your assignment requires a title page, include the assignment title, your
name, course title, your professor’s name, and the date of submission on a
separate page.
If your assignment does not require a title page, include the assignment title,
your name, course title, your professor’s name, and the date of submission in
the header of your document.
Use Appropriate
Formatting
Include page numbers.
Use 1-inch margins.
Use Arial, Courier, Times New Roman, or Calibri font style.
Use 10, 11, or 12 point font size for the body of your text.
Use either single or double spacing, according to assignment guidelines.
See assignment guidelines for instructions to format tables/charts/graphs/
images.
Write Clearly
Use appropriate language and be concise.
Write in active voice when possible. Find tips here.
Use the point of view (first, second, or third person) required by the
assignment guidelines.
Use spelling and grammar check and proofread to help ensure your work is
error free.
Cite Credible Sources
Use credible sources to support your ideas/work. Find tips here.
Cite your sources throughout your work when you borrow someone else’s
words or ideas. Give credit to the authors.
Add each cited source to the source list at the end of your assignment so that
your reader can find and reference the original material. (See In-Text Citations
section for more details.)
Don’t forget to cite and add your textbook to the source list if you use it as a
source.
Build a Source List
Include a source list when the assignment requires research or if you cite the
textbook.
Type “Sources” centered on the first line of the page.
List the sources that you used in your assignment.
Organize sources in a numbered list and in order of use throughout the paper.
Use the original number when citing a source multiple times.
Strayer University Writing Standards
2
Giving Credit to Authors and Sources
When quoting or paraphrasing another source in your writing, you need to give credit by
using an in-text citation. An in-text citation includes the author’s last name and the number of
the source from the source list. Find tips here.
Option #1: Paraphrasing

Examples
Rewording Source Information in Your Own Words
ORIGINAL SOURCE
·· Take the source information and rephrase it in your
words. Be sure not to repeat the same words of the
author.
“Writing at a college level requires informed
research.”
·· Add a number to the end of your source (which will tie to
your source list).
·· Remember, you cannot just replace the words of the
original sentence.
PARAPHRASING
As Harvey wrote, when writing a paper for
higher education, it is critical to research and
cite sources (1).
When writing a paper for higher education,
it is imperative to research and cite sources
(Harvey, 1).
Option #2: Quoting

Examples
Citing another person’s work word for word
ORIGINAL SOURCE
·· Place quotation marks at the beginning and the end of
the quoted information.
“Writing at a college level requires informed
research.”
·· Add a number to the end of your quote (which matches
your source list).
·· Do not quote more than one to two sentences
(approximately 25 words) at a time.
·· Do not start a sentence with a quotation.

·· Introduce and explain quotes within the context of your
paper.
Strayer University Writing Standards
QUOTING
Harvey wrote in his book, “Writing at a college
level requires informed research” (1).
Many authors agree, “Writing at a college
level requires informed research” (Harvey, 1).
3
Source List
The source list (which includes the sources that you used in your assignment) is a new page
that you will add at the end of your paper. The list has two purposes: it gives credit to the
authors that you use and gives your readers enough information to find the source without
your help. Build your source list as you write.
Setting Up the Page
·· Type “Sources” at the top of a new page.
·· Include a numbered list of the sources you used in your paper. (the numbers
indicate the order in which you used them). A well-researched assignment has
at least as many sources as pages.
1. Use the number one (1) for the first source used in the paper, the number
two (2) for the second source, and so on.
2. Use the same number for a source if you use it multiple times.
Building a Source List
·· Ensure each source includes four parts: author or organization, publication
date, title, and how to find it. If you have trouble finding these details, then reevaluate the credibility of your source.
·· Use the browser link for a public webpage.
·· Look for a permalink tool for a webpage, which requires logging in, such as the
Strayer Library.
·· Write a comment instructing your readers how to find all sources that do not
have a browser link or a permalink.
Source List Elements
AUTHOR
PUBLICATION DATE
TITLE
HOW TO FIND
Michael Harvey
2013
In the case of multiple
authors, only list the first.
This is not the same as
copyright date, which is
denoted by ©
The Nuts &
Bolts of College
Writing
http://libdatab.strayer.edu/login?url=http://
search.ebscohost.com/login.aspx?direct
=true&db=nlebk&AN=590706&site=edslive&scope=site


Examples
How it Will Look in Your Source List
1. Michael Harvey, 2013, The Nuts & Bolts of College Writing, http://libdatab.strayer.edu/login?url=http://search.
ebscohost.com/login.aspx?direct=true&db=nlebk&AN=590706&site=eds-live&scope=site
Strayer University Writing Standards
4

Sample Source List
1.
Michael Harvey, 2013, The Nuts & Bolts of College Writing, http://libdatab.strayer.edu/login?url=http://search.
ebscohost.com/login.aspx?direct=true&db=nlebk&AN=590706&site=eds-live&scope=site
2.
William R. Stanek, 2010, Storyboarding Techniques chapter in Effective Writing for Business, College and Life, http://
libdatab.strayer.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=359141&site=e
ds-live&scope=site&ebv=EB&ppid=pp_23
3.
Zyad Hicham, 2017, Vocabulary Growth in College-Level Students’ Narrative Writing, http://libdatab.strayer.edu/
login?url=http://search.ebscohost.com/login.aspx?direct=true&db=edsdoj&AN=edsdoj.9b7fad40e529462bafe3a936
aaf81420&site=eds-live&scope=site
4.
Anya Kamenetz, July 10, 2015, The Writing Assignment That Changes Lives, https://www.npr.org/sections/
ed/2015/07/10/419202925/the-writing-assignment-that-changes-lives
5.
Brad Thor, June 14, 2016, The Best Writing Advice I Ever Got, http://time.com/4363050/brad-thor-best-writing-advice/
6.
Karen Hertzberg, June 15, 2017, How to Improve Writing Skills in 15 Easy Steps, https://www.grammarly.com/blog/
how-to-improve-writing-skills/
7.
Roy Peter Clark, 2008, Writing Tools: 55 Essential Strategies for Every Writer
8.
C.M. Gill, 2014, The Psychology of Grading and Scoring, Essential Writing Skills for College & Beyond
9.
ABC Company’s Policy & Procedures Committee, Employee Dress and Attendance Policy, this is a policy in my office
10. Henry M. Sayre, 2014, The Humanities: Culture, Continuity and Change Vol 1, this is the HUM111 textbook
Strayer University Writing Standards
5
Economic Brief
Title
By Your Name
ECO100
Professor’s Name
Date
Economic Brief
Title
(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.)
2
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.)
3
Sources
1. List in order of use.
2. List a second source here.
3. Repeat for additional sources.
4

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