Paper instructions:
Pick a current economic topic that relates to the material we have covered or will cover in the course. Research and find an articles that covers the topic. Write up a review of the article and integrate course concepts into your review. Summarize the article and discuss how it relates to the course. Course material:
Demand supply and market equilibrium
Elasticity
Law of diminishing returns
Problems faced by businesses during resource allocation to satisfy societal wants
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