Week 1: Economics in the news

Must post first

Select a recent (one month or less old) on-line article from any major newspaper or

magazine that deals with an economic topic. Indicate the title of the article and

provide a web link to the article within your posting,

Very briefly summarize the article by describing the economic concepts the article covers. Key concepts in Module 1 include: Scarcity. opportunity cost.

microeconomics, macroeconomics, positive economics, normative economics, big three economic questions, goods market and factor market.