1. Immigration has been a major political issue for years. If the population of the United States grew because of a large wave of immigration, what implication could that have on wages? What might happen to rents earned by owners of land and capital? Think of some potential real life examples where this may occur/be occurring.

2.Discuss the "game" of prisoners dilemma and give one or two examples of how this concept involves economics and/or public policy.

3.Discuss the terms collusion and cartel as they relate to oligopolies.

Who are the winners and who are the losers in the case of oligopolies?