Choose a current event that addresses one of the following economic concepts in chapters 1-2. Use graphical analysis to analyze the issues presented in the current event. (possible graphs: production possibilities, supply and demand, change in supply/demand, change in quantity supplied/demanded, or any other graphical analyses discussed in Week One ).
a. Free Trade, Comparative Advantage, Trade Protection
b. Debate between two policy approaches to solve a global trade problem
Current Events Assignments
Each seminar you will be assigned a Current Event to research and report on how that pertains to content discussed in the seminar. The following are general assignment requirements each seminar. For the specific content information, please look in each seminar folder.
•Select a business/economics article from a reliable academic source (see links to Baker Online Library periodicals).
•The article must be representative of the economic issues represented by the topics or focus.
•The article review must include a brief summary of the facts in the article using economic terms.
•The article review must include a brief analysis clearly identifying the economic issues represented.
•The article review must identify a problem or debate linked to the economic issue represented.
•The article review must include an analysis of the problem or debate.
•The article review must include a conclusion about the solution or side of the debate you think is most correct.
•The article review must contain economic terms that are bolded, highlighted, or underlined.
•The article review must include a curve that represents the economic issue selected.
•The article review must include a second curve that indicates the change that would occur if your solution is implemented.
•The article review must state an unintended consequence, identifying what or who might be hurt if your solution is implemented.
•Recommended length: 1-2 pages.
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