Micro Economics chapter 7
Identify and discuss in your words three (3) major analysis/discussions that were introduced in your chapter.
– Why did you like them?
– Are they relevant to today’s current issues?
– Explain how each identified analysis/discussion utilized two or more of the five key principles of economics which were outline in the first four chapters of your textbook. (Opportunity Cost, Marginal Cost, Voluntary Exchange, Diminishing Returns and Positive/Normative analysis.)
20% of grade (1.5 page, 11pt font single-spaced): Identify and discuss two (2) measuring techniques/graphs/or ?’s that provided a good, concise representation of a complex idea or discussion.
40% of grade (1.5 pages, 11pt font single-spaced): Identify and discuss in detail three (3) major conclusions that are made by the chapter.
