Econ

Topics: Primary source, Historiography, Secondary source Pages: 2 (418 words) Published: August 23, 2013
AIMS AND OBJECTIVES
The aim of this research paper is to identify and analyse how economic problems of scarcity and the market conditions would affect “Aranguez Auto Repairs Services” during the 2012 period. The Objectives includes:

1)Identification of how scarcity will affect “Aranguez Auto Repairs Services”. 2)Analysis of the factors affecting demand for the services provided by “Aranguez Auto Repairs Services” 3)Analysis of the factors affecting supply of the services provided by “Aranguez Auto Repairs Services” 4)Analysis of how the changes in the market price of services can affect the profitability of “ Aranguez Auto Repairs Services” Module 1

Topic 1: 1,2
Topic 2: 11, 13, 14, 15, 16, 17
Topic 3: 15, 16, 17
Topic 4: 1, 2, 3, 4

METHODOLOGY
Both Primary and Secondary sources have been used in obtaining data and information for this research. The Primary sources that were used included a total of 25 questionnaires which were distributed to the customers of Aranguez Auto Body Works. The questionnaires were distributed between the 5th and 12th of November 2012. The questionnaires that were distributed can be seen in Appendix 1. Another form of Primary Sources included an interview with Mr Anand which took place on the 16th of January, 2013 at 5:45pm. It was a semi- structured, face to face interview in which the questions could be seen in Appendix 2. Observations were also carried out during the periods between September 12th to December 28th 2012. The Secondary sources that were obtained from the internet included The Central Bank of Trinidad and Tobago’s Summary Economic Indicators and www.Tradingeconomics.com to obtain information on the GDP per Capita and inflation statistics. The Primary sources are used to determine the factors affecting demand whereas the Secondary Sources are focussed on the market and supply for the services. The primary sources are also tied into the Secondary sources to portray a type of consistency in...
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