Any microeconomics articles?

What type of topics involve microeconomics in the news?

• I need to do a project on articles in the news related to microeconomics, but I do not know which articles qualify as microeconomics. So far I have talked about unionization at Delta airlines, the Bush-era tax cuts being extended and Proctor and Gamble getting into the dry cleaning industry. What other topics should I be looking for?

• Answer:

  You should start with the definition of microeconomics, which is the study of an individual unit of the economy: the individual consumer, the individual worker, the individual firm, and the individual industry. This is in contrast to macroeconomics, which is the study of the overall economy: income, output, inflation, unemployment, and government actions on a national scale. The extension of the tax cuts is not about microeconomics, unless your focus is on how it would affect a specific taxpayer. But how it affects people in general, or even classes of people, is macroeconomics, not microeconomics. Microeconomic issues generally make the news when individual businesses announce a change: going out of business, expanding into new markets, going public with a stock sale, a merger, a change in business strategy, hiring new management, that sort of thing. Look for these types of news stories. One specific thing that you could add: the decision to add Beatles music to the itunes catalog.