Microeconomics Article Commentary and Ten Principles of Economics

Microeconomics Article Commentary and Ten Principles of Economics Macroeconomics 1. Ten Principles of Economics.

  1. Thinking Like an Economist.

    Microeconomics Article Commentary and Ten Principles of Economics
    Microeconomics Article Commentary and Ten Principles of Economics

Appendix: Graphing: A Brief Review.

  1. Interdependence and the Gains from Trade.

Part II: SUPPLY AND DEMAND I: HOW MARKETS WORK.

  1. The Market Forces of Supply and Demand.
  2. Elasticity and Its Application.
  3. Supply, Demand, and Government Policies.

Part III: SUPPLY AND DEMAND II: MARKETS AND WELFARE.

  1. Consumers, Producers, and the Efficiency of Markets.
  2. Application: The Costs of Taxation.
  3. Application: International Trade.

Part IV: THE ECONOMICS OF PUBLIC SECTOR.

  1. Externalities.
  2. Public Goods and Common Resources.
  3. The Design of the Tax System.

Part V: FIRM BEHAVIOR AND THE ORGANIZATION OF INDUSTRY.

  1. The Costs of Production.
  2. Firms in Competitive Markets.
  3. Monopoly.
  4. Monopolistic Competition.
  5. Oligopoly.

Part VI: THE ECONOMICS OF LABOR MARKETS.

  1. The Markets for the Factors of Production.
  2. Earnings and Discrimination.
  3. Income Inequality and Poverty.

Part VII: TOPICS FOR FURTHER STUDY.

  1. The Theory of Consumer Choice.
  2. Frontiers in Microeconomics.

Major focus topics: Technology, Energy, unemployment/ minimum wage

Narrow topics: Tesla

Other topics are allowed.

Recent articles only no earlier than one year

Each commentary must not exceed 750 words. Target word count 500-700.

Note: your instructor will not read beyond 750 words for each commentary.

Each article (3) must be based on a different principle.

Students must use a different source for each commentary.

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