Assignment 1: Principles of Economics
Due Week 4 and worth 150 points
Write a two to three (2-3) page paper in which you:
- Identify a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-4.
- In the first two (2) paragraphs, identify at least four (4) key points that the article highlights.
- In the next three to five (3-5) paragraphs, apply two (2) of the following economic concepts (supply and demand, market structures, elasticity, and costs of production) to the key points that you highlighted in Question 2.
- In your concluding paragraph, state whether you agree or disagree with the author’s comments. Provide a rationale for the response.
- Use at least three (3) quality resources in this assignment with one (1) being your article.