The focus of this current event is Goods and Services: Production Possibilities, Supply and Demand.

Format:

Introduction

Summary of Article

Discussion

oWhat do you think? Give your opinion about how you believe this topic will affect you or the economy.

Graphical Analysis (Image and some description - must be your own diagram and not from the internet)

oMust include an approved economic model having the correct labels.

oWhen applicable, the model must show the change implied by the article summary.

o(Note: trend lines or graphs from the internet will not meet the requirement for this part of the paper)

oGive a clear concise and accurate description of the change that occurs on the model. Discuss the concepts that define the model if a change is not applicable.

Consequences

consequences that might occur that are in opposition to the authors ideas or to your interpretation. What factors might cause a different outcome? Are there groups of people who might be hurt or helped not indicated in your previous discussion?