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Complete the following essay: double-spaced, as a single MS-Word or rich text format document file; length of ~ five (5 – 6) 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.
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.