Submit a VCS explaining the effects on supply and demand for each type of government intervention shown in the videos
Please watch the video:
1 – Submit a VCS explaining the effects on supply and demand for each type of government intervention shown in the videos.
2 – Since we do not have class on week 8 there will not be a live debate. Please use these videos as background when you prepare your arguments. Week 8’s assignment is preparing a position paper on “Should government intervene on pricing strategies?”
Please do not hesitate to reach out to me (by email) if you have any questions.
Week 8 Assignment – Interactive Economic Policy Debate – CLO 7
Objective: Students engage in a live in-class debate representing different economic perspectives.
Instructions:
Assign Debate Roles:
Before the debate begins, the instructor assigns debate roles: policymakers, business executives, consumers, or economists.
Debate Prompt:
Should the government intervene in pricing strategies (e.g., rent control, minimum wage hikes)?
Prepare Arguments:
During the time period determined by the instructor, draft support for arguments using economic theory, data, and real-world examples.
Deliverable:
Live debate participation.
Submit a one-page APA-formatted position paper summarizing key points by the end of the week.
This course does not have a week 8 live session. Therefore, there will not be a live debate. So, please use the following videos to prepare week 8’s assignment which is using arguments to justifying your position on Government’s intervention in the market place.
Should the government intervene in pricing strategies (rent control, minimum wage, price controls)
After watching the following video, for the VCS please discuss the effect of Government’s intervention in the market by using PRICE CONTROLS: 1 – Effect on Supply and Demand
6
After watching the following video for the VCS please discuss the effect of Government’s intervention in the market with RENT CONTROL 1 – Effect on Supply and Demand
After watching the following video for the VCS explain the effect of the market (supply and demand) when the Government establishes minimum wages. 1 – Effect on supply and demand
After watching the following video for the VCS explain the effect of the market (supply and demand) when the Government imposes tariffs.
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