I need help with a Economics question. All explanations and answers will be used to help me learn.
discussion 1 Is economics a science?
Is economics a science? Why, or why not? As part of your response and explanation, include the definitions of “science” and “economics” as you understand them.
minimum of 300 words no maximum
discussion 2 supply and demand
- Think of a relevant example in your own life of how a change in the market (including information, preferences, technology, price of alternative goods, regulations, taxes, etc.) has shifted either the supply or demand of a good. How did this change affect the market equilibrium for that good or service? Explain. No need to include graph in your post.
- minimum of 300 words no maximum
- Next, find a relatively recent news article (within the past year) to support your finding (the news search feature in Google is helpful with this). If you cannot find an article specific to your example, you may find an article about another similar good or service. Summarize the article and its findings, then include the URL in your discussion post.
- minimum of 300 words no maximum
