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Applied Economics Research Methods Topic: Commodity Prices Short description: World commodity prices have increased substantially in recent years

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Applied Economics Research Methods Topic: Commodity Prices Short description: World commodity prices have increased substantially in recent years. What can be done by a regional government to help minimise the problems created by high prices, while also what can be done to capture the benefits that high price offer, particularly to local food producers. References: "Akram, Farooq (2009). “Commodity prices, interest rates and the dollar.” Energy Economics, 31 (6), pp. 838 – 851. Bazzi, Samuel and Blattman, Christopher (2014). “Economic Shocks and Conflict: Evidence from Commodity Prices.” American Economic Journal: Macroeconomics, 6 (4), pp. 1 – 38. Deaton, Angus and Laroque, Guy (1992). “On the Behaviour of Commodity Prices.” The Review of Economic Studies, 59 (1), pp. 1 – 23. Deaton, Angus, (1999). “Commodity Prices and Growth in Africa.” Journal of Economic Perspectives, 13 (3), pp. 23 – 40." Steps: 1. Prepare proposal: definitive Research Question, Literature Review and Policy discussion 2. Conduct on empirical analysis: descriptive or analytical depending on the type of Policy Brief 3. Design and write down a draft of your policy brief 4. Create poster presentation for the policy brief (with all comments to the slides) 5. Final policy brief (4,000 words) Objective: 1. Poster Presentation (with all comments) - 4 min 2. Policy brief (Objective Brief) – 4,000 worlds