Introductory Portion of Microeconomics: Analysis of Events.

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Introductory Portion of Microeconomics: Analysis of Events. This first paper includes 3 questions which should be submitted as a single Word file document or in rich text format. Each should be about 2 pages, with the total length between 6 – 7 pages [Maximum]. No references are required as it is entirely based on your own critical thinking and ability to apply what you have learned from the course to date. [Please make sure that your choice of current events is not one already covered in any of the Case Studies or Discussions!]

For each essay, write a meaningful thesis statement in the first paragraph for each question to describe the main idea and purpose of the essay. Then in each succeeding paragraph, describe as many separate microeconomic concepts or principles as possible which apply to your chosen topic and explain. In the final paragraph, develop a meaningful conclusion to your essay. The best papers will integrate the course material effectively with your choice of events:

1. Select any foreign (non-American) current microeconomic event or market to analyze in light of our course material which we have not already covered in any discussion forums or case Module studies.

2. Refer to our Chinese textbook ” In Line Behind a Billion People” by Ma & Adams. What do you believe are the most important sources of economic & social scarcities in the Chinese economy? Explain as best you can, what are their underlying causes in terms of the course material to date. What are the most prominent Microeconomic principles demonstrated from this reading?

3. Analyze the economic aspects from Episode III, “The New Rules of the Game,” from The Commanding Heights link in Module 2 (or from You Tube videos). Explain in your view the most important (interesting) microeconomic concepts & principles. What are the most prominent Microeconomic principles demonstrated from your reading?

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