Eco 561 'Seco 561 Complete Class New

ECO 561       'sECO 561 Complete Class NEW
ECO 561 Economics

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ECO 561 Week 2 Individual Market Equilibration Process Paper
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Equilibration is the process of moving between two equilibrium points as a result of some change in supply or demand.   Understanding how market equilibrium is sought following such a change is essential for business managers. It is important to understand how economic principles, and specifically supply, demand, and their determents are a part of your everyday business decisions.

Write a paper, or create a PowerPoint presentation using a real world experience in a free market (not government regulated) to describe a change that occurred in supply or demand as a result of world events that led to the need for a move between two equilibrium states.   Explain the process of how that movement occurred using behaviors of consumers and suppliers.   Graph the movement between the two points as well.  

Required Elements:
•     Include academic research to support your ideas
•     Consider the Law of demand and the determinants of demand
•     Consider the Law of supply and the determinants of supply
•     Describe Efficient markets theory
•     Explain Surplus and shortage
•     Deliver the content in no more than a 700-word paper, OR   7- to 10-slide Microsoft PowerPoint presentation (Please choose one of these choices, not both)
•     Use Material: Appendix A to create graphs illustrating the movement between the two equilibrium points and include this in the body of the assignment.
•     Your assignment is consistent with APA guidelines.
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