Supply and demand, trade, price ceiling/floors, externalities, and public goods

1. Go through the economics section of newspapers and/or magazines such as the New York Times, BBC, Wall Street Journal, the Economist, Bloomberg News, etc and pick and article that you like that is related to the concepts that we have covered so far in class (supply and demand, trade, price ceiling/floors, externalities, and public goods). 2. Read that article and then write a 2 to 3 page summary (double-spaced, 12 font, Times New Roman) on that article. 3. On the first part part of the article, you should summarize what the article is talking about. In the second section of the article, you should explain what the article is talking about using the concepts you have learned in economics. For example, if the article is about demand for a specific product (http://www.bbc.com/news/business-42229842), you can use supply and demand diagram to explain what is happening to price due to a fall in demand, 4.For examples of news articles, you can search #ElonEcon111 on Twitter.

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