Category: Microeconomics

Overview The government intervenes to correct market inefficiencies and inequalities through policies such as price floors and price ceilings, as well as taxes and subsidies. In this short paper, you will choose a government policy intervention and describe how it affects market equilibrium. Directions Research a current news article about a government policy enacted in…

In a minimum of 250 words, informally written and in first person (use I), share some key facts you learned about FDRs Four Freedoms speech and/or the New Deal programs you chose. Perhaps you simply relay some important information that you discovered, or perhaps you offer some personal thoughts and opinions. Want some more prompts…

News Analysis There are five News Analyses on assigned topics due this semester. For each News Analysis, you will select a recent news article published within the last three months from a reputable English-language news source (e.g., The New York Times, The Wall Street Journal, The Washington Post, The Economist, etc.). The article must relate…

Review the following articles: Briefly summarize the Dutch Tulip article. Using supply and demand, show graphically what happened in the market for Tulips prior to February 1637. Be sure to label your axis and indicate the initial equilibrium (P1, Q1) of November 12th and final equilibrium (P2, Q2) in February 1637. Using supply and demand,…