Write a three to four page paper in which you:
Identify at least four key points of a relevant economic article.
Apply one of the following economic concepts (supply, demand, market structures, elasticity, costs of production, GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the key points.
Explain how the concept could affect the U.S. economy.
In your concluding paragraph, state whether you agree or disagree with the economic article.
Provide a rationale for the response.
Use at least three quality resources in this assignment with one (1) being your article.
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:
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.