Description In this assignment, you will apply your economics knowledge to explain and interpret a recently published economics article. You will 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.). Using your own words as much as possible, explain the main points being made by the article's author, the economic principles used by the author to support his/her argument, and the implications of the story. To do this, you will be applying some of the key economics concepts you have learned in the course to explain the meaning and relevance of the economics story to individuals, firms, and/or industry. 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. Required Materials Hutchinson, E. (2017). Principles of microeconomics. University of Victoria. https://pressbooks.bccampus.ca/uvicecon103/ Recently published Business/Economic journal articles from Yorkville University Library or other academically credible online source. Major Topics Covered Supply, demand, and equilibrium market price Elasticity Specialization and trade Consumer behaviour Production in the short and long run periods Competitive markets Monopoly, cartels, and price discrimination . Another topic related to microeconomics Important Note related to macroeconomics. These topics include unemployment, inflation, trade policy, national income/GDP