Principles of Economics - 36359

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  • From: , Macroeconomics
  • Due on: Wed 11 Dec, 2013 (10:07pm)
  • Asked on: Wed 11 Dec, 2013
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  • Write a two to three (2-3) page paper in which you:

    1: Identify a relevant economic article from a library or a newspaper. The article must deal with any course concepts covered in Weeks 1-4. These are the course concept:

    Chapter 3: Demand, Supply, and Market Equilibrium

    Chapter 4: Elasticity: A Measure of Responsiveness

    Chapter 5: Production Technology and Cost

    Chapter 6: Perfect Competition

    Chapter 7: Monopoly and Price Discrimination

    Chapter 8: Market Entry, Monopolistic Competition, and Oligopoly



    2: In the first two (2) paragraphs, identify at least four (4) key points that the article highlights.


    3: In the next three to five (3-5) paragraphs, apply two (2) of the following economic concepts (supply and demand, market structures, elasticity, and costs of production) to the key points that you highlighted in Question 2.


    4: In your concluding paragraph, state whether you agree or disagree with the author’s comments. Provide a rationale for the response.


    5: Use at least three (3) quality resources in this assignment with one (1) being your article.

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