Current Event
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Get it written →Your task is to provide a current event type of assessment to show how you noticed the concepts we learned about in this unit in daily life. This could be a news story that you heard or read, OR it could be something you saw on social media (a meme or thought, etc), OR it could even be a conversation you had with someone!
You aren’t required to cite any sources, but it would be nice to know where you got your current event idea from (ex: a conversation with a coworker, Twitter, Facebook, etc.). However, if you do use an actual media source (ex: ABC News or FOX or an article from online), please be sure to include a basic cite (just the URL is sufficient).
In your response, be sure to thoroughly describe your current event and share how this event is related to this unit’s course content.
Concepts in this unit:
Consumption Choices
Substitution versus Income Effect
- Explicit & Implicit Costs
- Economic versus Accounting Profit
- Economies of Scale
- Short-run Costs & Production
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