Prior to working on this journal, review Chapters 12, 13 and 14 from your textbook, Principles of Microeconomics and the materials on the "Weekly Lecture" page.

• Summarize any one concept for each of the chapters covered this week- Chapters 12, 13 and 14.
• Discuss how the contents from this chapter might be applicable in your personal or professional life.

Principles of Microeconomics - Ch 12: Marginal Productivity Theory and Labor Markets (uagc.edu)

Principles of Microeconomics - Ch 13: Poverty, Inequality, and Income Redistribution Policies (uagc.edu)

Principles of Microeconomics - Ch 14: Public Choice and Government Failure (uagc.edu)

https://1drv.ms/p/s!Ag_0uMDMujItjBd1uWRDfRz4EkZQ?e=RaSxBy (weekly lecture)