ECON 675 Allied American University Managerial Economics Saudi Aramco Case Study

Question Description

The company is Saudi Aramco, is a company that produces oil. Kindly read the grading rubric carefully it is attached. Only do whatis highlighted to constitute the 4 pages 1.5 spaced. Bid if you know what 4 pages 1.5 space means. DO the highlighted parts only and I will handle the rest. Read instructions carefully and ask where you do not understand.

Project Outline

This is an individual projectfor grade. The main aim of this project is to show an in depth understanding and application of managerial economics concepts. Wewould like to see how effectively and successfully you can make use of the theories & concepts learnt in Managerial Economics course, and eventually, apply them in real life economic activities. For this to happen, we encourage you to submit an independent project followed by its presentation. Submission of every project must go through the plagiarism, and only a maximum of 20% plagiarism shall be allowed.

You should select an issue or a case or some critical observationsfor your company on something that you believe, is a challenging economicphenomenon in Saudi Arabia. For example, if you like to concentrate on the Real Sector Development in SAUDI ARABIA, concentrate on (i) the demand &supply scenario: reasons for growth both in demand & supply sides of the sector, (ii) its production & cost structure, (iii) its market structure & various player’s strategies (their observations and analysis) &(iv) the Pros & Cons of this sector, and finally, (v) your conclusions.
There are many other economic sectors in SAUDI ARABIA that are equally important for writing the project. You may write a project on either of the following sectors: (a) Extraction of Crude Oil and Natural gas, (b) Wholesale and Retail trade sectors, (c) Repair services sector, (d) Business services sector, (e)Financing & Banking sector, (f) Construction sector, (g) Airlines industries, and finally, (g) Manufacturing sector of any product.
The foundation and perspective of your analysis in the project must coverthe materials from managerial economics course; they may however, touch upon either of price determination, moral hazard, game theory in business, market structures, which ever, is suitable for the particular project analysis you have chosen.
The project report should follow the following guidelines as below:

– Title Page

– Name with Student ID

-Title of the report

– Brief summary of the report as an abstract

– Font: 12 Times New Roman

– Page: Space 1.5

-10 to 15 Pages

-References & Citations as APA Style (Important)

– Underneath of the front page, please write your Instructor’s Name of this Course

– Prepare your presentation for this project following the rubric.

Project evaluation will be based on the criteria attached with this guideline. Time-management will also be an important assessment factor for making a presentation.

Important Note: The project evaluation will be based on in depth application of concepts with creativity such as using figures, data tables and graphs.

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