1.Which ideas that are discussed in the 60 Second Adventures in Economics are macroeconomic topics and which are microeconomic topics.Do you have a preference for markets to work economic problems or for government to solve economic problems? Are your preferences for the market or governmental action based upon normative economic principles or positive economic principles? Is it easy to distinguish between normative and positive economics?

2. analyze why Uber is likely to be regulated or made illegal by using public choice theory.Are consumer's better off for having a highly regulated taxis industry? Are taxis owners better off by reducing the amount of competition in the transportation business? Respond to two posts from your peers