Economics help

Economics Topic 2: First, research one of these topics:

At least 4 paragraphs, including a minimum of 300 words. 

First, research one of these topics: 

· Product differentiation (make sure you understand this topic since it is very specific and interesting)

· Business failures

· Entrepreneurship and economic progress

· Barriers to entry

· Monopolies

· High profits and prices encourage

· Technological change

· Collusive behavior of oligopolies

· Gains from trade

· Trade restrictions

· NAFTA

· Global trade

· Oil imports

· In the first paragraph, discuss the relevant economic theory of your topic (your textbook is a good source for this paragraph).

· In the second, you must include outside research to corroborate your thread (from the Liberty University Online Library or elsewhere).

· In the third, cite and discuss a real-world example of your topic.

· In the fourth, integrate biblical insights into your Discussion Board posts.

· Title your thread according to your topic

Research outside the textbook is required for each forum. Acceptable research sources include your textbook, periodicals, journals, newspapers, magazines, and the Bible. Your initial thread must have a minimum of 3 cited references, and there should be 1 cited reference for each reply. (Sources such as Wikipedia, About.com, book reviews and blogs are prohibited.)

 

In each thread and reply, you must demonstrate a fundamental understanding of the economic theory and outside research for the specific topic. You must adhere to APA style when formatting your posts and citing your sources.