Real-world situation

The paper should be 1,500-2,000 words long. You are not required to use citations for material from ECON 422, but any outside references, such as published papers that may have inspired yours or material from other courses, should be cited. – Motivation, originality, scope of modification: Is the real-world situation that you are modeling interesting? (You should briefly make that case in the introduction.) Is it original?

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