Module 3 Bread and Butter
Discussion
Q Select & Determine
Like bread and butter go together, so do supply and demand. In this activity, you will select a country and explore
the concepts of supply and demand and market equilibrium.
Locate a recent article (published within the last year) that discusses supply and demand of an exported good at
the macro level. You can use the Hunt Library, newspapers, new stations, or other credible sources to locate an
article. Analyze your selected country’s exported good and determine the market equilibrium. Include the
following in your discussion.
• Identify the country chosen.
• Discuss the exported good.
• Define the Law of Supply and the Law of Demand.
• Examine the change in demand, change in quantity demanded, change in supply, and change in quantity supplied. State how these concepts apply to
your selected country.
• Identify the determinants of supply and demand.
• Explain factors that will shift the supply and/or demand curves to the left and/or to the right.
Summarize your findings using at least 250 words and provide a minimum of one reference. Use current APA formatting to document your sources.
Post & Respond
Post your findings by the third day of the module week. Return by the sixth day of the module week to review your classmates’ posts. Respond to at least two of your peers. Your response should be at least one paragraph, two to three sentences in length, and include the following.
• Whether you agree or disagree with the findings and why
• A probing question that facilitates further discussion of the topic