Apply economics knowledge to explain and interpret a recently published economics article and write a individual essay on the topic 'Supply, demand, and equilibrium market price'. Research and select one article published within the past year that discusses an economics issue from a list provided and explain the economics of the article. The article may be obtained from a major business or economics journal, magazine, or newspaper (The Economist, Wall Street Journal, Businessweek, Times, Fortune, etc.).

It should have the following four content sections i.e. Introduction and identification of key economic issues and concepts, Relevance of the economic issue, Academic explanation of the economic concepts, Conclusion, references.

Objectives

• To identify key economic issues in real world scenarios affecting individuals, households, and firms.
• To apply the appropriate economic concepts and principles to understand, explain, and interpret the decisions made and actions taken by the main economic agents.
• To evaluate and reflect on the implications of changes in economic conditions on the behavior and decisions of households and firms.