US How Covid19 has Affected Different Aspects of Microeconomics Research Paper

I’m working on a economics project and need an explanation to help me study.

1- Submission: Tuesday April 20, 20212- Students will give a presentation and the following criteria must be met to obtain optimummarks:a. Knowledge, application and evaluation of the contentb. Soft skills3- AVOID PLAGIARIMS. Please be informed that a plagiarism software “Turnitin” will beused (10% is accepted).4- This project will be done in groups. Based on groups allocation by your Instructor inadvance of your group members. Date of presentation will be Wednesday, April 21, andMonday April 26, 2021.5- Project document: Length discussed is 10-12 pages (including: Cover page, Table ofContent, List of Figure, Reference List)6- This project is a combination of practical and academic requirements7- Presentation Duration in class for each group: 15 minutes8- Please submit a soft copy (word/pdf) of the project.Please note that the project will make up 20% of your final mark.Project and PresentationThe Microeconomics exposes students to the meaning, nature, and methods of studying Microeconomics. Theconcepts of supply, demand, and elasticity are used to analyse the behaviours of consumers and firms indifferent types of markets. Main topics covered include: consumer behaviour, firm production costs, PureCompetition, Monopolistic Competition, Monopoly, and Oligopoly.COVID-19 has changed that way in which business is being done. Write a project report on how COVID-19has affected different aspects of microeconomics (at different levels: company, industry, economic, globally.Etc). Apply the microeconomic concepts, theories, tools, and methodologies included as part of this courseand how they have been affected. It is preferred to show the effect on different industry sectors and do theanalysis on it, this topic is very broad and open-ended, however ensure to link your project to Microeconomics(demand and supply, production and cost, different types of competitive environments, ethics, legal and socialissues, etc).The report should be designed as follow: Introduction on the topic , Background and definitions of thetopic, The impact of COVID 19 on the topic and suggested solutions if any, conclusion, and References.You need to apply concepts from all chapters covered in class as well as concepts outside these chapters thatcould be relevant to your project.Each student/group will turn in one report that should be approximately 10-12 pages, double-spaced.Plagiarism policy of the University will be applied.Grading:Grade will be allocated as outlined below:1: Writing and readability of the report2: Each team will be allocated 15 minutes for their presentation. Grades will vary depending on the presentationwhich will take place towards the end of the semester. 50% of grade on Project submitted and 50% onpresentation. All members of a given team will be rewarded the same grade for the written report. Each studentwill be assigned a specific grade for his/her presentation. This will be determined by the answers provided byeach student to questions posed by the instructor and other students.