ECO2101 Microeconomics (Blended)
July 2025 Semester
CA1 Individual Project
25 July 2025
1 Introduction
(One paragraph to explain or discuss why you have selected the product(s) for your report.) (One paragraph to summarise the events and analysis of all the three articles.)
2 Analysis
2.1 Analysis 1 – Climate change impact on wheat production (Topic 1: PPF and Opportunity Cost)
Source: Quote the source of the article or if the article is obtained from the web, quote the web address
Summary
(One to two short paragraphs summarising the key event(s) in the article)
Analysis
(Two to three short paragraphs on analysing the key event(s) using microeconomic concepts)
(Economic diagram(s) to support the analysis)
2.2 Analysis 2 – Changes in demand and supply of wheat (Topic 3: Market Equilibrium)
Source: Quote the source of the article or if the article is obtained from the web, quote the web address
Summary
(One to two short paragraphs summarising the key event(s) in the article)
Analysis
(Two to three short paragraphs on analysing the key event(s) using microeconomic concepts)
(Economic diagram(s) to support the analysis)
2.3 Analysis 3 – Inelastic demand for wheat (Topic 4: Elasticity)
OR
Analysis 3 – Increased consumption of wheat due to higher utility (Topic 5: Utility and Demand)
Source: Quote the source of the article or if the article is obtained from the web, quote the web address
Summary
(One to two short paragraphs summarising the key event(s) in the article)
Analysis
(Two to three short paragraphs on analysing the key event(s) using microeconomic concepts)
(Economic diagram(s) to support the analysis
3 Conclusion
One paragraph on the overall view of the key analysis.
(The objective is to present an overall view or coherent view of the key analysis. It is NOT to be written in a ‘listing’ style. where all the key analysis is listed one by one for each topic).
References
(Use either APA or Harvard Referencing Method)
List the sources of all the articles.