The key is to summarize for the reader what is known about the specific research problem before you conduct the analysis. Review of the Literature A literature review discusses published information in a particular subject area, and sometimes information in a particular subject area within a certain time period. Economic Analysis (2 pages) A. Relate microeconomic principles to the topic/issue. 1. Model, theory, or concept 2. Key definitions B. Application of model/theory with the use of tool. 1. Graph, that is referenced to (see Figure ) 2. Statistics Significance (2 pages) A. Redefining the issue 1. Supporting evidence: how big is it? 2. Supporting evidence: why does it matter? B. Contradictory view 1. Supporting evidence 2. Supporting evidence: why it does not matter? Areas for Future Research (1 page) A. Supporting evidence Conclusion A. Restate the thesis and summarize the main points of the paper B. Revisit introduction or tie all ideas together References (1-2 pages) Figures (1 page) During the course, you are required to complete a formal written assignment highlighting published current economic events or issues and explain how they relate to theories learned in this course. The paper provides you an opportunity to realize, reflect, and explain the economics that exist all around us. The paper must include a graph used as an explanatory tool of the economic principle presented. Early submissions of written assignments are always accepted, but use the links provided in the respective modules to submit your topic, draft, and final paper. Make use of the feedback you receive on your draft paper to improve your final paper before submitting it in Module 9. Instructions for preparing this assignment are as follows: 1. Each paper is to be an analysis on the recent economic events or economic reports from the supplemental resources or references. The focus of this assignment is to relate and analyze current events to basic principles of microeconomics covered in this course. It is not acceptable to just regurgitate statistics. The paper should indicate that you have a clear understanding of theory learned in class and its application/operation in the ‘outside world.’ 2. Option – IF you come upon an interesting subject relating to your work or any other non-economic publication that can be explained in light of the theories learned in this class, you may be able to substitute this as the basis article. Discuss the article and ideas with your instructor prior to embarking on this option. 3. Use standard file format (.doc or .docx) for all deliverables (topic, draft, and final paper). Standard margins apply. Papers should contain proper documentation of the article(s) or other references used. If direct quotes are used (not contained in the article), appropriate footnotes, endnotes, or parenthetical citations must accompany the quotes. Since a part of your paper will come from published sources, Internet references, etc., there should be sufficient evidence of where the information for your paper originated. Paper length should be a few pages – short enough to qualify as a commentary but long enough to adequately address the subject. Typically, six to eight double spaced pages are sufficient. Papers are graded on quality of content, not quantity. Standard APA style rules apply and clarity is important to your grade Additional Guidance For this first step in developing your term paper, you are to choose a topic. In order to write a quality term paper, there must be sufficient information available in quality publications on which to base your paper. So, in addition to your topic, include at least four (4) current (within the one year) articles from authoritative sources (more on sources below). For each article, list the article in APA style as it will appear in your reference list. Next summarize in one or two paragraphs the important points that you believe will be useful in your final paper. Write in your own words; do not copy and paste from the article. Objective, authoritative and accurate descriptions of the chosen topic are provided in academic journal articles, financial and economic publications such as the Wall Street Journal, The Financial Times, and the Economist, and in industry-specific publications. The best newspapers are also good sources. The New York Times and the Washington Post are examples. Smaller newspapers usually do not employ journalists trained in economics and finance, so accuracy often suffers. Websites may be used for some background information, but are not acceptable as listed sources for this first assignment. Academic journals and publications such as the Wall Street Journal are usually not available for free in a web search. However, all of these publications are available from the Hunt Library electronic databases. ProQuest is the largest database and will contain most of the publications needed for this project. Some industry publications may be exceptions. To access ProQuest and other databases, click on the Hunt Library tab on the course menu or the ERNIE homepage. From the Hunt Library page, select find Research Databases. Next scroll down or use the alphabetical selection on the top menu to find ProQuest. Within ProQuest, use one of the several search methods to locate articles of interest. Its often helpful to search first for the Publication, then do a search within the publication. The Hunt Library has tutorial available. Under Help, select Library Basic Training, then Start Library Basic Training Reference Gurtner, G., Cook, A., Graham, A., & Cristobal S. (2018). The economic value of additional departure capacity. Journal on Air Transport Management 69 (2018), 1-14. Hua, K. C., Krier, B., Liu, C., McNamara, B., & Sharpe, J. (2017). The Nonlinear Effects of Market Structure on Service Quality: Evidence from the . Airline Industry. Springer Science+Business Media New York 2016. DOI Lurkin, V., Garrow, L. A., Higgins, M. J., Newman, J. P., & Schyns, M. (2018). Modeling competition among airline itineraries. Transportation Research Par a 113 (2108), 157-172. Moir, L., & Lohmann, G. (2018). A quantitative means of comparing competitive advantages among airlines with heterogenous business models: Analysis of . airlines. Journal of Air Transport Management 69 (2018), 72-82. Oliveira, M. V. R., & Oliveira, A. V. M. (2018). What drives effective competition in the airline industry? An empirical model of city-park market concentration. Transport Policy 63 (2018), 165-175. Park, Y., & OKelly, M. E. (2017). Examination of cost-efficient aircraft fleets using empirical operation data in US aviation markets. Journal of Air Transport Management 69 (2018), 224-234. Socorro, M. P., Betancor, O., & de Rus, G. (2017). Feasibility and desirability of airport competition: The role of product substitutability and airlines nationality. Journal of Air Transport Management 67 (2018), 234-231. Yang, ., Shih, ., Nha, T. D., & Wang, . (2017). Low-fare Airlines Service Quality, Customer Satisfaction and Customer Loyalty. Journal of Accounting, Finance & Management Strategy, 12(2), 97-122. Pan, J. Y., & Truong, D. (2018). Passengers intentions to use low-cost carriers: An extended theory of planned behavior model. Journal of Air Transport Management 69 (2018), 38-48.
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