04 May HOW IS THE ECONOMIC ISSUE RELATED TO THE CONCEPTS OR MODELS THAT YOU HAVE LEARNED FROM THIS COURSE?
Read the Wall Street Journal, The Economist, or any other major newspaper or weekly publication and select a single article or articles that (1) either report on interesting economic news that can be analyzed by the concepts or models taught in this course or (2) discusses one or more economic issues related to the concepts or models taught in this course. It is OK to use an online economics news article.
Write a FIVE TO SIX page essay analyzing the topic or critique the article from economic perspectives. Essay must be typed and double-spaced, (Times New Roman, font 12). please give a works cited page for any resources you used. The questions that you may address in this essay may include, but are not limited, to the following:
·What is the main economic issue?
·How is the economic issue related to the concepts or models that you have learned from this course?
·What sorts of arguments/opinions have been discussed?
-Do you agree or disagree with the analyses/opinions? Why?
·What argument would you, as an economist, make?
The following is a suggested list of topics. This list is not exhaustive.
COMPANY STUDY. Study the recent growth or decline of a particular company or its current position.
This topic might include such points as the market structure within which the company grew and now operates, the elasticity of demand for its products, the degree of unionization, the cost structure (degree of fixed cost, economies of scale), the role of advertising, the degree of international competition, etc.
GOVERNMENT REGULATION. Analyze some particular government regulation or antitrust policy relative to a specific industry or company or analyze a current regulatory issue (environmental protection, OSHA, the FDA, etc.).
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