Due Monday 11/21/2016 9:am
Write a three to four (3-4) page paper in which you:
Identify at least four (4) key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8.
Apply one (1) of the following economic concepts (supply, demand, market structures, elasticity, costs of production, GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the key points that you highlighted in
Explain how the concept that you identified in
Question 2 could affect the U.S. economy.
In your concluding paragraph, state whether you agree or disagree with the economic article identified in Question 1. Provide a rationale for the response.
Use at least three (3) quality resources in this assignment with one (1) being your article.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student`s name, the professor`s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Analyze the dynamics of supply and demand to anticipate market equilibrium.
Analyze the elasticity of demand and supply and its importance, and the effect of taxes or other public policies.
Describe the impact of various forms of competition on business operations with emphasis on perfect competition.
Use technology and information resources to research issues in principles of economics.
The Key Concepts in Economics Student`s Name Professor`s Name Course University Date â€˜Economic Tsunami`: Fearing Donald Trump, Immigrants in New York Spend Less The economic article focuses on the undocumented immigrants actions after the President elect, Mr. Trump vowed to deport them. About 574,000 city residents are undocumented, and they pay about $793 million a year in state and local taxes. The worry of being deported has compelled the undocumented immigrants to cut back on their spending since they do not know what would happen next. Casa Dominicana, a furniture store that deals with selling of white leather sofas and bedroom sets have not recorded any sales recently. Wendy Calderon, the manager of the furniture store argues that most people are afraid of shopping and are instead saving their money for future eventualities. Furthermore, an