Please follow the instructions stated in the file as the deadline for the assignment is 29th May 5:00 PM.
1500 – 2000 words
Must relate to at least FIVE of the following topics:
– What is economics
– Interdependence and the gains from trade
– Supply and Demand
– Elasticity and Its Application
– Supply, Demand, and Government Policies & Public goods & common resources
– Consumers, Producers, and the Efficiency of Markets & Application: The Costs of Taxation
– Applications: International Trade & Externalities
– The Costs of Production
As stated in the document, please refrain from talking about any Macroeconomic policies or topics as this unit is based only on Microeconomics