Assignment Task: The role of choices, incentives, and the social coordination mechanism of the market.
In class we discussed Maryland funeral homes stocking Narcan (Reed, 2018) and how that led to the unintended consequence of what effect on the illegal narcotics market (Quinones, 2015)?
- The role played by models in economics.
- Positive vs. normative analysis.
- Positive vs. negative relationships on economics graphs.
- Job opportunities for economists, especially economics as a policy tool.