Select a news article dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class. Include at least one graph developed in our course. The paper should be 3 to 5 pages long. Possible concepts include:
taxes and consumer or producer surplus
demand, supply, and equilibrium price of a particular product
elasticity on a particular product
perfect competition and imperfect competition, such as monopolies
labor market, wages, and income inequality
poverty and public policy