First Half Microeconomics

This first paper assignment consists of two (2) questions that should be saved and submitted as a single MS Word or PDF file document format document (double-spaced). The entire paper (total) should encompass a full five (5) pages, double-spaced. No references nor internet sources are required as this work is entirely based on your own critical thinking and ability to apply what you have learned so far from the course. If your idea comes from a source, avoid summarizing, and emphasize your own economic analysis. [Please make sure that your choice of the current event is not one already covered/duplicated in any of the Case Studies or Discussions!] You need to choose your own. So make sure to be current during this quarter & creative. Necessary Steps: (1) For each essay, write & underline a meaningful thesis statement in the first paragraph for each question to describe the main idea and purpose of the essay. (2) Then in each succeeding paragraph, describe as many separate microeconomic concepts or theories from the textbook which apply to your chosen topic and explain its relevance. (3) In the final paragraph, develop a meaningful conclusion which you can draw from the topic. The best papers will integrate the course material effectively with your choice of events/firms / or markets: 1. (2 – 3 pages) Select any microeconomic current event or market occurring during this quarter (and not covered by Discussions or any Case Study in the Modules) to analyze. Highlight how the text content can be used to explain your market (or business) and meaningfully applied. 2. (2 – 3 pages) Choose two (2) of your favorite Case Studies from the bottom of any of the course Modules to draw some comparisons. In each paragraph apply as many of the microeconomic principles & concepts from the course which are relevant and applicable. Try to explain their practical importance and why you think these topics are worthy of consideration…