Step 1: Go to the internet and find an news article posted within the last month that discusses labor union formation and activity, summarize key points and post in Discussions area. Note that the goal of this discussion is to read, understand, and discuss recent news using microeconomic terminology. The article should be from an […]
Include a paragraph in the initial response in their own words, using microeconomic terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.
Go to the internet and find a news article published within the last month that discusses changes in demand and supply of particular goods/services, summarize key points and post in the Discussions area. Refer to week 2 content materials and use specific economic vocabulary within your summary, i.e. demand, quantity demanded, determinants of demand, shifts […]
Discuss the opportunity costs of natural disasters. Create your own example of the opportunity costs of natural disaster. Calculate (in $$$) opportunity costs of natural disaster.
Step 1: Read the articles. These articles contain examples of calculating opportunity costs. You will follow these examples to answer one of the questions listed at the bottom of the topic. 1) 1) The opportunity cost of buying iPhones and Cronuts By Ben Walsh, September 2013 http://blogs.reuters.com/ben-walsh/2013/09/20/the-opportunity-cost-of-buying-iphones-and-cronuts/ 2) The potential economic costs of Tropical Storm […]