Assignment: The Key Concepts in Economics

| June 13, 2018

Assignment: The Key Concepts in Economics
Due Week 8 and worth 175 points
Write a three to four (3-4) page paper in
which you:
Identify at least four (4) key points of a
relevant economic article from either the Strayer Library
or a newspaper. The article must deal with any course concepts covered in Weeks
Apply one (1) of the following economic
concepts (supply, demand, market structures, elasticity, costs of production,
GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the
key points that you highlighted in Question 1.
Explain how the concept that you identified
in Question 2 could affect the U.S. economy.
In your concluding paragraph, state whether
you agree or disagree with the economic article identified in Question 1.
Provide a rationale for the response.
Use at least three (3) quality resources in
this assignment with one (1) being your article.
Your assignment must follow these
formatting requirements:

Be typed, double spaced, using Times New
Roman font (size 12), with one-inch margins on all sides; citations and
references must follow APA or school-specific format. Check with your professor
for any additional instructions.
Include a cover page containing the title
of the assignment, the student’s name, the professor’s name, the course title,
and the date. The cover page and the reference page are not included in the
required assignment page length.
The specific course learning outcomes
associated with this assignment are:

Analyze the dynamics of supply and demand
to anticipate market equilibrium.
Analyze the elasticity of demand and supply
and its importance, and the effect of taxes or other public policies.
Describe the impact of various forms of
competition on business operations with emphasis on perfect competition.
Use technology and information resources to
research issues in principles of economics.
Grading for this assignment will be based
on answer quality, logic/organization of the paper, and language and writing
skills, using the following rubric found here.

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