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Analyze a specific economic market (e.g., grapes, athletic shoes, sports cars, etc.) with which you are familiar or in which you are interested.

Write a 1000-word paper (approximately 2 pages, single spaced) using ideas we have covered in this class to analyze a specific economic market (e.g., grapes, athletic shoes, sports cars, etc.) with which you are familiar or in which you are interested. You should identify the buyers and sellers, describe how they interact, and discuss what affects supply and demand in that market. Use ideas you have learned in this class to help you understand the workings of that market. Graphs may help your analysis, but are not required. This is microeconomics.

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