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CU Business Income as A Determinant of The Quality of Life Essay

Select at least threenews articles that discuss the economic concept that you chose as a topic for your term paper.

At least one news article should be dated within the previous two months.

Please note that the goal of this assignment is to read, understand, and discuss recent news using microeconomic terminology. The articles should be from an on-line newspaper or magazine. Materials posted on educational websites, like www.thebalance.com,www.khanacademy.org , and so on, are not considered news articles even if they were recently updated and contain material related to the term paper topic.

The Term paper should have the following structure:

1.Abstract – the short description of the concepts, problems, questions discussed in the Term paper.

2.Introduction (optional)

3.Literature Review (about 2 pages) – please compare and contrast the opinions of the authors of the articles, present the important information, data, statistics to support your conclusions. It is important that the Literature review is written in your own words with small quotes from the article. All quotes must have references in accordance with the 7th Edition APA Style.

4.Discussion – Your task for this part of the Term paper is to analyze the issue described in the articles using the economic concepts and theory learned in this class. Refer to the course content materials and use specific economic vocabulary within your term paper. The articles you choose may not use these exact terms; therefore, it is incumbent upon you to convert the article language into economic language as is appropriate. Include at least one graph developed in our course.

5.Conclusion 

Possible concepts include:

  • taxes and consumer or producer surplus
  • elasticity on a particular product
  • perfect competition
  • imperfect competition, such as monopolies
  • monopolistic competition
  • oligopoly
  • labor market,
  • wage determination
  • income inequality
  • poverty and public policy
  • another topic selected by the professor
CU Business Income as A Determinant of The Quality of Life Essay
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