Microeconomics/ Econ40

Microeconomics/ Econ40

Resources: use at least 3 good resources on your topic from an excellent source such as an academic journal

This is a reflection paper that involves some research. Use the topics below as guides to begin your essays. The idea is to use a topic we have studied but to incorporate information we have not discussed, or have not discussed extensively in class.
The following sources are recommended for research:
Bureau of Labor Statistics website and other governmental websites with economic data
Economics journals, Other Social Science journals
Interviews when relevant
It’s a good idea to seek help from the librarians. It’s also a good idea to use the social science databases from the library website.

Topic 3
Discuss externalities. How to positive and/or negative externalities change how we understand the purpose of having a market system? How are externalities corrected in the system? Use real world examples taken from the news and academic journals.

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