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EconWeek1..docx

Before addressing this question, but sure to have read Lecture 1: Introduction to Economics

Be sure that your examples show that you understand the idea of positive analysis. Also be sure that your examples show that you understand the difference in scope and units of measure between microeconomics and macroeconomics.

Instructions:

Create a real or hypothetical question that could be addressed with positive analysis regarding a microeconomics issue that affects your household or your firm.

Create a real or hypothetical question that could be addressed with positive analysis regarding a macroeconomics issue that affects your household or your firm.

Submission Instructions:

All sources must be cited using a reference to an article or link to a website.

Please refrain from copy and paste from another source - all responses must be written in your own words.