Reference no: EM132685448

You will identify the economic components of the problem you have chosen. What are the economic implications of the problem? While this is a broad-based question, you will need to address specific topics from the readings and modules to this point. For example, you might describe the issue you're focusing on in terms of the price and availability (or lack thereof) of a specific good or service; you could give an explicit breakdown of the characteristics of a specific labor market; you could describe a specific market failure related to your issue (incomplete information, monopolies or monopsonies, externalities, or others).

This assignment will be graded on the presence and accuracy of economic themes (properly cited). The key here is to connect your issue to the readings or resources provided. At least two themes must be properly invoked, described and related to your issue.