Microeconomics – incidence of tax, excise tax, or burden of taxation.

The objectives: To explain microeconomic concepts in your own words with real world examples.
1. You became interested in, say, “Taxes”.
2. You define and explain a concept such as “incidence of tax”, “excise tax”, or “burden of taxation”. You organized your notes on relevant points sequentially.
3. You find fairly current articles relevant to your chosen concept. (For example: How a 5% hotel room occupancy tax imposed on tourists visiting San Diego may affect price, quantity demanded and supplied, and who (demanders or suppliers) may bear more of the burden of the excise tax).
4. You offer concluding remarks that may be subjective but supported by microeconomic reasoning.

The structure of the paper is Introduction and Objective, Literature Review, Analysis, and Conclusions.

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The literature review section is a review of similar works done by other authors. Here, you must quote references and link those references in alphabetic order at the end of your paper.

The economic analysis section is your answer to the research question you set out to investigate. You should be able to use key micro or macroeconomic terms (TR, MR, MC, TP, GDP, CPI, fiscal or monetary policy, etc) to analyze the data and all information you have in the argument.

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