Economics

FOURTH UNIT

MARKET EFFICIENCY

Module 11: Consumer and Producer Surplus

(a)

Consumer Surplus and the Demand Curve

(b)

Producer Surplus and the Supply Curve

Module 12: Efficiency in Markets

(a)

Consumer Surplus, Producer Surplus, and Efficiency

(b)

A Market Economy

or

Econ

-

002

–

Page

5

SIXTH UNIT

ECONOMICS AND DECISION MAKING

Module 1

8: Making Decisions

Module 19: Behavioral Economics

(Optional)

Module 20: Maximizing Utility

(a)

Utility: It’s All About Getting Satisfaction

(b)

Budgets and Optimal Constraints

(c)

Spending the Marginal Dollar

REPORT

GUIDELINES

The report will be graded in accordance to the following:

A.

PART I: summary of the article (10 points)

B.

PART II: relationship to the topic/module from the syllabus (15

points

)

C.

PART III: personal analysis (75 point

s

)

You should fo

llow the steps listed below for your report:

1.

Search a current article (less than 2 years old)

2.

Summarize the article

3.

Give the relationship of the article with the topic/module

4.

Give your personal analysis of the article and relationship to the topic/module

NOTE: The report MUST BE TYPED and should be 2 to 2.5 pages long.