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ECON195 - MACROECONOMICS

Portfolio Project

Name:
Program:

Deadlines:
Scenario 1: End of Week 2 at 11:59 PM EST
Scenario 2: End of Week 3 at 11:59 PM EST

Note: This template is for submitting scenarios 1 and 2. A separate Word Template
has been provided for the final submission to ePortfolio.

Course Outcomes:
• Estimate the effects of supply and demand theory on market forces, and government policies.
• Apply macroeconomic theory and basic principles to economic data sets.

Listed below are tutorial links to completing that will help complete the Portfolio
Tutorial Links Project.

Introduction ECONG195 Portfolio Project Overview

Scenario #1 Scenario 1 - Impact of Market Forces on Supply & Demand

Scenario #2 Scenario 2 - Government Policy Impact on the Market Using Supply & Demand

Final Submission: ECON195: Portfolio Project Submission to ePortfolio


Scenario 1: In this scenario you will apply supply and
demand data to estimate the impact of changing market
condition on equilbrium

Price Qd Qs New Qd New Qs

Chart Title Chart Title C


Chart Title Chart Title
Scenario 2: In this scenario you will apply market supply and
demand data to estimate the impact of government policy.

Part B: Market Equilibrium


Price Qd Qs Equilibrium
$3,500 500 1500 Price
$3,000 750 1250 Quantity
$2,500 1000 1000
$2,000 1250 750
$1,500 1500 500 Part C: Price Ceiling Values
$1,000 1750 250 Quantity
X-values
1250
Market for Renatal Units 750
$4,000
$3,500
$3,000
Price (Monthly Rent)

$2,500 E
Qd
$2,000 Qs
$1,500 Price Ceiling

$1,000
$500
$0
0 500 1000 1500 2000
Quantity (Number of Rental Units)
Part B: Market Equilibrium

$2,500
1,000

Part C: Price Ceiling Values


Price
Y-values
$2,000
$2,000

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