Economics

Economics and decison making 

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.

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