Microeconomics Applications
Rock$tarGirl
Week6Homework.docxEconomics Module Week 6 – Microeconomics Applications
Week 6 includes four (4) applications in major areas in Microeconomics: 1) Scarcity/Incentives; 2) Opportunity Costs; 3) Supply and Demand; and 4) Market Equilibrium. You must choose one of the areas and topics to write your essay.
The Week 6 essay should be between 4-6 pages. Includes cover page and references and follow APA format. The grading rubric is the following:
Essay: 40 points
Articulation and APA: 10 points
Total 50 points
APPLICATION 1 - SCARCITY/INCENTIVES:
Option 1: “INCENTIVES TO BUY HYBRID VEHICLES”
OPTION 2: “Changes In Oil Demand Over The Last Decade.
APPLICATION 2: OPPORTUNITY COSTS:
OPTION 1: BENEFITS OF AN ECONOMY THAT IS MIXED
OPTION 2: HOW THE UNITED STATES ECONONY GETS IMPACTED BY SOCIAL SECURITY
OPTION 3: THE EFFECTS THAT A 35- HOUR WORKING WEEK HAS ON THE ECONOMY
APPLICATION 3: Law of SUPPLY AND DEMAND:
Option 1: WHY DOES CAPITALISM CAUSE MONOPOLY?
Option 2: SUPPLY AND DEMAND: EFFECTS ON THE LABOR MARKET
APPLICATION 4: Market Analysis (Equilibrium)
Option 1: HOW DOES THE CHANGES IN THE UNITED STATES TARIFFS AFFECT THE CONSUMERS?
Option 2: eFFECTS OF HIGHer DRUG PRICES IN THE UNITED STATES?
