Demonstrate your ability to find microeconomic data from public sources and to make a spreadsheet in Excel. You are required to use Statista to complete your research.

Week 3 Assignment – Microeconomics Case Study

Instructions

In this exercise, you will demonstrate your ability to find microeconomic data from public sources and to make a spreadsheet in Excel. You are required to use Statista to complete your research.

Microeconomic data are numbers about a single industry. Automobile sales numbers are microeconomic data. Unemployment numbers for the entire country are not microeconomic data.

Start by choosing an industry that interests you.

Remember that an industry is a group of companies that do the same thing. For example, Ford is a company; automobile manufacturing is an industry.

Choose a microeconomic variable for your industry.

It could be prices, sales, production, advertising, or investment.

Using the library’s Statista resource, find three years of this microeconomic variable for your industry. For example, you might find automobile, real estate, food or paper sales data for 2019, 2020, and 2021.

Go to Statista.

Log in using your Strayer credentials.

Type your industry name in the “Statista Search” space and click Statista Search.

Choose one of the options that has three years of annual data.

Resources to Complete the Assignment

ECO100 Week 3 Assignment Excel Example [DOCX].

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