Economic Current Event Paper

For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen. You can use an article online or offline from any reputable source. You will write up a review of the article and integrate course concepts into your review. Please make sure you both summarize the article and discuss how it relates to the course. 

Apa format 700 words

Economics Questions

  1. What determines a household's consumption possibilities?
  2. How would you answer someone who says that marginal utility theory is useless because utility cannot be observed?
  3. What is consumer surplus? How is consumer surplus calculated?
  4. What is a firm and what is the fundamental economic problem that all firms face?