Tag: monopolistic competition

monopolistic competition

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Select at least three news articles that discuss the monopolistic competition economic concept
At least one news article should be dated within the previous two months.
The Term paper should have the following structure:
1. Abstract (0.5 of a page) – the short description of the concepts, problems, questions discussed in the Term paper.
2. Introduction (0.5 of a page) (optional)
3. Literature Review (about 2 pages) – 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 2 pages) – 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 (0.5 of a page)

 

monopolistic competition

Posted on | by admin3

 

 

Select at least three news articles that discuss the monopolistic competition economic concept
At least one news article should be dated within the previous two months.
The Term paper should have the following structure:
1. Abstract (0.5 of a page) – the short description of the concepts, problems, questions discussed in the Term paper.
2. Introduction (0.5 of a page) (optional)
3. Literature Review (about 2 pages) – 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 2 pages) – 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 (0.5 of a page)

 

Monopolistic competition

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Watch the video above and under the Week 4 Videos, watch all videos.
Then go to a store, as discussed above, and observe. Observation is a well-established method of real world research. It will probably be easier and perhaps more informative if you pick on one product line to observe and observe by brand name. In particular, look for:
product prices,
product packaging (design, colors, logos, etc.); and,
product shelve placement relative to other similar products.
Based on what you observe can you identify:
which products/brand names compete most closely with each other? Are they placed close to each other on the shelves or far apart?
which products/brand names are aimed at cost conscious consumers? Where are these on the store shelves for grocery stores?
which are aimed at higher end consumers? Where are these on the store shelves for grocery stores?
which products/brand names have a narrower market and command brand loyalty? This one could be tricky to figure out.
Share what you find with the class on the discussion board.
What do you think you have learned from this activity?
What have you learned about monopolistic competition?