Assignment: The Key Concepts in Economics
Select, read and study an article(s) from the various material that have been placed in "This Week in Business News". This article will serve as the starting point for your paper.
Also, please review the Ten Principles video in week 1.
Write a three to four (3-4) page paper in which you:
- Write an introduction for your paper explaining why this article/topic is a) important to you; and/or b) why you think others ought to understand this topics or issue.
- Write a 3-4 paragraph summary explaining the key points made in the article.
- Identify and explain how the article uses one or more of the Ten Principles.
- Find two other academic quality articles on the same topic. Identify what these articles contribute to understanding the topic or issue and do they agree, not agree, of somewhat agree/disagree with your primary article.
- Write a conclusion in which explain what you learned and what conclusion you draw from your research.
- 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.
- Include a cover page containing the title of the assignment. 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.