December 27, 2020 |

Economics Purpose of Assignment In Week 1, students are introduced to the ten fundamental principles on which the study of economics is based. Throughout this course, the students will use these ten principles to better develop their understanding of economics and how society manages its scarce resources. Students will see how markets work using supply and demand for a good to determine both the quantity produced and the price at which the good sells. The concepts of equilibrium and elasticity are used to explain the sensitivity of quantity supplied and quantity demanded to changes in economic variables. Students will see how government policies impact prices and quantities in markets. Assignment Steps Resources: Principles of Microeconomics, by N. Gregory Mankiw Using the textbook, Principles of Microeconomics, as your only source (do not quote the textbook it will not count towards your answers, put everything in your own words) answer the following…    read more 


December 19, 2020 |

Economics choose 12 of the questions below and answer in half page each. The answers dont need to be complex please