In this course, you will study topics such as opportunity costs, supply and demand, consumer behavior, elasticity of demand, market structures, factor markets, wages, labor, unions, government and product market, anti-trust and regulations, international finance, and trade. As part of this course, you will demonstrate the application of microeconomics theory (as presented in your textbook) to a current topic, issue, or event and write a formal paper. Your paper will show how the theory you’ve learned from the course and presented in your textbook applies to or explains a current situation. The paper provides you with an opportunity to realize, reflect, and explain the economics that exists all around us. Your paper must include a graph used as an explanatory tool of the economic principles presented. After your topic has been approved, the next step is to research current articles and publications (within one year) and write an outline. You will need to use at least six credible sources that provide objective, authoritative, and accurate descriptions of your selected microeconomics topic. Two of your sources must be from academic journals. Your sources can include the following: Academic journalsFinancial and economic publications like the Wall Street Journal, the Economist, and industry-specific publicationsNewspapers such as the New York Times and the Washington PostResearch databases like ProQuestUse the Hunt Library (Links to an external site.) to conduct your research. Do not use Investopedia or Wikipedia. You may write a formal outline or present your information in paragraph form using current APA formatting. Regardless of the outline format, you must provide the following: Details that align with your microeconomics topicList of your sources two of the sources must be from academic journals.
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