--%>

microeconomics concepts as a primary mode of analysis

Write a 3 page paper using microeconomics concepts as a primary mode of analysis.  Your paper should use 1.5 line spacing, a 12 point font, and 1inch margins.  Proof read your paper.  You will lose 5 percentage points per day for each day past the due date if your paper is turned in late.   

Available Topics: Drugs,patents and poor people ( that the topic to write a essay about) Whatever your topic, it should be about a particular issue or industry and not a general paper about a concept; please don’t rewrite a textbook chapter on monopoly or environmental economics.  

• Introduction: Introduce the topic and focus of your paper

• Concepts Discussion: Overview of economic principles to be applied 

• Application of economic theory:  Apply principles from our class and the textbook to your topic. There should be some discussion of costs and benefits 

• Conclusion: Include what you learned from your research and additional questions that you still have that you were unable to answer in your paper. 

• Bibliography.  Don’t leave this off. Use at least 3 sources not including Wikipedia.  Please provide author, title, date and exact page numbers cited for each reference. 

   Related Questions in Macroeconomics

  • Q : Value of imports of goods The country’s

    The country’s balance of trade is Rs.500 crores. The value of exports of goods is Rs. 650 crores. What is the value of imports of goods?

  • Q : Consumer Surplus definition Can someone

    Can someone help me in finding out the right answer from the given options. The basic difference between the dollar amounts people would willingly to pay for a particular quantity of a good and the amounts that they do pay at a particular market price is termed as: (1

  • Q : Reducing illegal programs for public

    Methadone programs for addicts are intended at reducing illegal heroin traffic through: (i) decreasing the heroin supply. (ii) increasing the price of heroin. (iii) decreasing the demand for heroin. (iv) executing drug dealers. Hel

  • Q : What are the strength and weakness What

    What are the strength and weakness of using per capital national income? give explained answer for query

  • Q : Equilibrium of a market How can

    How can Equilibrium of a market be exist?

  • Q : Speculators actions when they are right

    When speculators are right, their actions: (1) Cause already depressed prices to drop/fall further. (2) Raise the risks to another firm of doing business. (3) Prevent price refuses from their peaks. (4) Reduce both the phase of prices and their volatility across time.

  • Q : Elasticity of brain power When doubling

    When doubling your viewing of soap operas to 16 hrs per week reasons your IQ score to drop/fall from a mastermind level of 140 to a sluggish 70, your TV elasticity of brain power will be: (i) + 1.0. (ii) zero. (iii) – 1.0. (d) +0.5. (e) -0.5.

  • Q : Supply use two market diagrams to

    use two market diagrams to explain how an increase in state subsidies to public colleges might affect tuition and enrollments in both public and private colleges?

  • Q : Evaluation of net present value Explain

    Explain evaluation of net present value (NPV) and internal rate of return (IRR) in brief?

  • Q : Problem on perfect replacements Imports

    Imports and American cars are much close however not perfect replacements. When the U.S. govt. tried to enhance American car sales by setting a price ceiling of P1 on imported cars: (i) The quantity of cars imported will drop/fall from Q0 to Q1. (ii)