OA Group 8 by Lydia Ashton https://padlet.com/profashton/kqmciu9jrsk6i5lo en-us 2024-10-11 21:34:17 UTC 2024-10-11 21:34:17 UTC hello@padlet.com lydiaashton1 https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432782

  • Introduce the chosen news article and its source.

  • Provide a brief overview of the main points discussed in the article.

    • ]]>     2024-10-11 21:34:17 UTC https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432782     lydiaashton1 https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432783

  • Summarize the positive (descriptive) and normative (value-based) analysis of the policy or situation.

  • Present a reasoned conclusion on the policy's effectiveness, considering efficiency, equity, winners and losers, etc.

    • ]]>     2024-10-11 21:34:17 UTC https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432783     lydiaashton1 https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432784

  • Use a graphic to visually demonstrate the standard equilibrium model's application to the policy or situation in the article.

  • Analyze whether the model’s predictions align with the article's content.

    • ]]>     2024-10-11 21:34:17 UTC https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432784     lydiaashton1 https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432786

  • Identify and explain relevant economic concepts related to the article.

  • Describe how the article ties into class economic principles.

    • ]]>     2024-10-11 21:34:17 UTC https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432786     lydiaashton1 https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432788 - Discuss any market failures, unintended consequences, or information imperfections affecting the situation in the article.
    - Explain how these factors challenge or modify the predictions of the standard equilibrium model.
    - Discuss potential unintended consequences, externalities, market power, or reasons the standard market equilibrium model may not be applicable.

    ]]>     2024-10-11 21:34:17 UTC https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432788     lydiaashton1 https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432790 - Present a comparative analysis of the current situation with a past policy or scenario.
    - Use real-world examples or expert viewpoints to provide a broader perspective.

    ]]>     2024-10-11 21:34:17 UTC https://padlet.com/profashton/kqmciu9jrsk6i5lo/wish/3165432790