Assignment: The Key Concepts in Economics
Due Week 8 and worth 175 points
Write a three to four (3-4) page paper in which you:
1. Identify at least four (4) key points of a relevant economic article from either the Strayer Library or a newspaper articles Dr. Pennington has posted as PDF files on the course Blackboard site. The article mustwill deal with any course concepts covered in Weeks 1-8.
2. Apply one (1) of the following economic concepts (supply demand market structures elasticity costs of production GDP Unemployment inflation aggregate demand and aggregate supply) to the key points that you highlighted in Question 1.
3. Explain how the concept that you identified in Question 2 could affect the entire U.S. economy.
4. In your concluding paragraph state whether you agree or disagree with the economic article identified in Question 1. Provide a rationale for the response.
5. Use at least three (3) quality resources in this assignment with one (1) being your article.