: Economics

Topic: Economics

Order Description
Select a news article (Article: http://www.epi.org/publication/wages-and-transfers/) dated within the previous two months and analyze the issue using the economic concepts and theory learned in this class (ECON 203) from Principles of Microeconomics, by Timothy Taylor and Steven A.
Greenlaw. Include at least one graph developed in in this class (ECON 203) from Principles of Microeconomics, by Timothy Taylor and Steven A. Possible concepts include:
• taxes and consumer or producer surplus
• demand, supply, and equilibrium price of a particular product
• elasticity on a particular product
• perfect competition and imperfect competition, such as monopolies
• labor market, wages, and income inequality
• poverty and public policy

Article: http://www.epi.org/publication/wages-and-transfers/

Source:
Principles of Microeconomics, by Timothy Taylor and Steven A.
Greenlaw