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August 17, 2022

Choose a microeconomic variable for your industry.

demonstrate your ability to find microeconomic data from public sources and to make a spreadsheet in Excel.

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 investmen

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