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Choose a pattern of events or behaviour that you have personally observed and that you are intrigued by and explain it using an economic concept.

Choose a pattern of events or behaviour that you have personally observed and that you are intrigued by and explain it using an economic concept. Please do not stuff your essay with complex terminology. Imagine yourself talking to a relative who has never studied economics. The best essays are ones that would be clearly intelligible to such a person. You can include graphs supporting your argument but that is not mandatory. You need not include a bibliography.

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