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Friday, April 15, 2016

Principles of Economics

 April 15, 2016     No comments   

Principles of Economics





Write a two to three (2-3) page paper in which you:

1.     Identify a relevant

economic article from a newspaper. The article must deal with Demand Supply and

Market Equilibrium

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.



Your assignment must follow these formatting requirements:

•         Be typed, double

spaced, using Times New Roman font (size 12), with one-inch margins on all

sides; citations and references must follow APA or school-specific format.

Check with your professor for any additional instructions.

•         Include a cover page

containing the title of the assignment, the student’s name, the professor’s name,

the course title, and the date. The cover page and the reference page are not

included in the required assignment page length.



The specific course learning outcomes associated with this assignment are:

•         Apply the underlying

principles of economics and the economic way of thinking to assess market

issues and make business decisions.

•         Analyze the dynamics

of supply and demand to anticipate market equilibrium.

•         Analyze the elasticity

of demand and supply and its importance, and the effect of taxes or other

public policies

•         Describe the impact of

various forms of competition on business operations with emphasis on perfect

competition.

•         Use technology and

information resources to research issues in principles of economics.

•         Write clearly and

concisely about principles of economics using proper writing mechanics.



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