microecon essay

oynpxoryg
timer Asked: Dec 9th, 2018

Question Description

Write a 250-500 word essay for each topic below (7 essays) based of the following criteria:

  1. Summary of the concept
  2. Thoughtful identification of key Pros (strengths) & Cons (weaknesses) of your selected concepts/laws/methods (not the pros and cons of the author(s), errata, if any, in texts; organization; and the like).
  3. Remedy(ies), to the best of your learning, to the cons spotted (offer sensible arguments/solutions to the cons); and,
  4. Linkage(s) of you selected themes, both to your current, or future, career AND your personal enrichment/development.
1. monopoly

2. monopolistic competition

3. marginal revenue product

4. markets for natural resources

5. transaction costs

6. dutch auction

7. arbitrage

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