term projectthe purpose of this course is to


Term Project

The purpose of this course is to improve your economic decision making and increase your productivity as an employee or entrepreneur. In the future you may be required to:

1. Come up with an idea.

2. Research this idea.

3. Clearly and effectively communicate this idea in both in a presentation and paper. For this course, every student must complete a final project. You have a great deal of flexibility in choosing the particular subject of your project: It can be a proposal for a new company, a new product in an existing company, or a recommendation for an improvement regarding an existing product line or pricing strategy. The flexibility you are afforded provides quite a bit of freedom in deciding the topic. Pick a topic in which you have either some particular knowledge or a keen interest (or both).

You must locate data, analyze the data through the techniques developed in this course, and make inferences from this analysis as part of your project. The grade of each portion of the project will be based on

1. Creativity

2. Effectiveness

3. Demonstration of the techniques learned in the course

Please see the other handout on Writing an Empirical Project for suggestions on structuring the write-up of your project.

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