In Economics / Senior High School | 2025-05-01

News Analysis Activity Objective: Connect economic theory with real-world events by researching and analyzing recent news articles that illustrate supply and demand dynamics. Activity Details: Preparation: • research a recent news article on topics such as fuel prices, rice prices, or airfares. Your Task: • Analyze your chosen article, focusing on the factors that impacted supply and/or demand. • Consider how these factors influenced market prices and discuss potential outcomes if these trends continue. Guiding Questions (to be answered in your paper): 1. What is the main issue presented in the news article?2. What specific product or service is being affected? 3. What are the factors influencing supply? (e.g., production costs, weather, regulations) 4. What are the factors influencing demand? (e.g., consumer preferences, income, prices of substitutes or complements) 5. How did these changes in supply or demand affect the price? 6. Was there a surplus or shortage in the market? Explain. 7. How did consumers and producers respond to these changes? 8. What are the possible long-term effects if the trend continues? 9. What policy recommendations or business strategies could help stabilize the situation? 10. As a student of entrepreneurship, what lessons can you take from this situation?​

Asked by jamlanangelique2