{"id":7451,"date":"2022-05-09T20:23:40","date_gmt":"2022-05-09T20:23:40","guid":{"rendered":"https:\/\/highclasswriters.com\/blog\/?p=7451"},"modified":"2022-05-09T20:23:41","modified_gmt":"2022-05-09T20:23:41","slug":"microeconomics","status":"publish","type":"post","link":"https:\/\/highclasswriters.com\/blog\/microeconomics\/","title":{"rendered":"Microeconomics"},"content":{"rendered":"\n
  1.  <\/strong>Summarize\/outline one of the text’s “applications” chapters. <\/strong>There are a number of interesting chapters toward the end of the Micro section that we unfortunately won\u2019t have time to cover. Most of those apply concepts we\u2019ve learned to real-world issues. They tend to be descriptive — long on facts\/info, light on concepts\/graphs\/math — so should make for pretty straight-forward outlines. So your assignment will be to develop a 1-2 page outline\/summary<\/strong> of the key points\/information presented in one of those chapters. You can use my chapter outlines as a guide\/example, though you won\u2019t have to worry about many graphs, formulas, etc.. If you do run into any of the latter, just list the main points\/implications in words; you don’t need to recreate graphs\/formulas. Your outlines should cover all main sections<\/strong> of the chapter, but you obviously do not need to include everything within each section<\/strong>. Here are the five chapters to choose from:<\/li><\/ol>\n\n\n\n
    • Chapter 19:  Natural Resource and Energy Economics<\/li>
    • Chapter 21:  Antitrust Policy and Regulation<\/li>
    • Chapter 22:  Agriculture: Economics and Policy<\/li>
    • Chapter 25:  Immigration<\/li>
    • Chapter 42:  The Economics of Developing Countries<\/li><\/ul>\n\n\n\n
      1. Summarize\/analyze an article that applies\/illustrates some of the key concepts we\u2019ve learned. <\/strong>There are many potential topics, but here are a few suggestions (skim the chapter listings for other ideas):<\/li><\/ol>\n\n\n\n
        • Impact of price controls — rent control, minimum wage, etc.; whether\/why it leads to a shortage\/surplus, history, side effects, reasons for\/against, alternatives, etc.<\/li>
        • Behavioral Economics — how has a specific bias\/behavior driven a current\/historical event (asset prices, vaccine uptake, political bias, etc.)<\/li>
        • How recent supply\/demand imbalances have caused inflation in a specific market — housing, used cars, etc.<\/li>
        • Cryptocurrency — why might prices be justified . . . or a bubble?<\/li>
        • Income inequality — causes, trends, solutions, etc.<\/li>
        • Impact of labor unions<\/li>
        • Other ? ? ?<\/li><\/ul>\n\n\n\n

          For this option, you\u2019ll need to:<\/p>\n\n\n\n

          • Locate and provide a link to an article that covers recent\/past developments on your topic (Google various descriptions of your topic to find articles)<\/li>
          • Summarize the key points from the article<\/li>
          • Do you agree or disagree with the article\u2019s main theme\/conclusions?<\/li>
          • If applicable, bring in additional data\/facts to either update, elaborate upon, or perhaps counter the key points in the article<\/li>
          • Cite at least 1-2 additional articles that you referred to in rounding out your understanding of the topic and shaping your arguments.<\/li><\/ul>\n\n\n\n

            There’s no set formula for this — you’ll basically be writing 1-2 pages to convince me that you understand the article\/subject and can relate it to some of what you learned in this class. This doesn’t need to be formal writing — it can simply be an outline, where you introduce a point and then follow up with bullet points to support\/supplement it (kinda like my chapter outlines). That’s more like “business writing,” where we often use bullets to highlight key points for busy colleagues\/executives, who might not have time for a deep read, so will want to skim for your main points.<\/p>\n","protected":false},"excerpt":{"rendered":"

             Summarize\/outline one of the text’s “applications” chapters. There are a number of interesting chapters toward the end of the Micro section […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7451","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"\nMicroeconomics - 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