Analyzing these three articles separately. 1. Considering the contents of the articles and the economics perspective does college make good economic sense?Remember:1) write in third person 2) apply the economic principles and concepts from the economics perspective into discussion contributions 3) Using bullet points explain in detail how the contents of the article relate to: The Economics Perspective definition of economics -scarcity choices costs Rational Behavior Opportunity Cost Marginal analysis – MB vs MC Incentives matter Economic events create secondary effects Generalizations Other things equal – ceteris paribus; Macroeconomics vs Microeconomics; Positive Economics vs Normative Economics; 8 Economic goals; Economic fallacies; Voluntary trade; Economic models – Economic theory’s ability to predict The five questions an economic system must answer: 1. What to produce? 2. How much to produce? 3. How to produce it? 4. For whom to produce it? 5. How to accommodate change? The difference between market-based capitalism and central planning command systems socialism regarding answering the five questions The four lessons from the production possibilities model: 1. limitations of production for the time being given fixed resources and fixed technology 2. choices tradeoffs and costs 3. 3 types of economic efficiency — full employment productive efficiency and allocative efficiency 4. economic growth generated by an increase in the quantity or quality of resources or improvement in technology/productivity. 4) explain ideas in detail using economic logic: Requirements: 1500 Identify the market Identify the non-price determinant of supply or demand affecting the market (some scenarios may have an event affecting both supply and demand and therefore required two graphs) Identify changes to supply or demand Report results on price and quantity at new market equilibrium refer to the 4 graphs to explain results. Identify the marketIdentify the non-price determinant of supply or demand affecting the market (some scenarios may have an event affecting both supply and demand and therefore required two graphs)Identify changes to supply or demandReport results on price and quantity at new market equilibrium refer to the 4 graphs to explain results. ‘
We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreThe Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.
Read moreThe Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.
Read moreThe Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.
Read moreBy placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.
Read more