Course Second Half – Microeconomic Analysis:

Complete
the following essay: double-spaced, as a single MS-Word or rich text
format document file; length of five (5) full pages, and without
references listed. This is a critical thinking & analytical
assignment which should be written exclusively in your own words &
perspective. Citations of sources is not necessary. The most
important core of this paper, is your own informed interpretation of the
chapter topic – from the basis of the micro economic course content
throughout the rest of the textbook…
Summary or narrative
description is valued far less than substantive economic analysis and
supportive argument. There is a great deal of material to draw upon
when presenting your analysis of micro economic concepts regarding the
chapter that you have chosen.

TOPIC from our course that we have gone through: “THE MODEL OF PURE COMPETITION”, “PURE COMPETITION & MONOPOLISTIC COMPETITION”, “OLIGOPOLY” and, “THE RESOURCE MARKET”.
The assigned topic is:
*** Select one of the applied policy text chapters which we did not cover, # 19 – 26 (Energy, Public Finance, Anti-trust, Agriculture, Poverty, Health Care, Immigration, or International Trade)
to read & study very carefully. See the final Module for the
narrated lecture summary to help you gain more familiarity with your
chosen subject.
(1) Bring this topic to
life with relevance & importance to society, micro analysis, and
your own insight / perspective. Why does this chapter matter and how
can the tools learned in the course be meaningfully applied?
(2) Then present an analysis
(rather than a chapter summary) which uses each paragraph to apply as
many micro-economic principles & concepts from the course as
possible. Try to analyze their relevance to your chapter topic.
Economic analysis will be graded far higher than narrative description
or summary!
(3) Finally illustrate your topic by * analyzing a current or recent micro event [ during this quarter ] which is relevant to the chapter.
This may be through a firm, market, or government policy. You can
check the news or search in the Library for prospective relevant &
supportive examples.
NOTE: LET ME KNOW IF YOU NEED ANYTHING.

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