Microeconomics (ECON 121)

After reading the attached article on scarcity (File below), write an essay with at least a minimum of 700 words and not to exceed a maximum of 1,000 words about how COVID 19 and scarcity has affected what the author describes as your “bandwidth.” Specifically write about how COVID 19 and scarcity has affected your educational goals and your career aspirations.

For example, approximately 21 million jobs have been lost and that number is going to increase. The unemployment rate is projected to increase to 20 percent and probably more. Some economists speculate 1/3 or more Americans who were laid off are not looking for work and consequently not counted as unemployed.

It’s predicted many businesses will not survive this pandemic. Given this is a microeconomics class, in your essay share what concepts you learned in this class, and your personal experiences that deal the article about scarcity and bandwidth that helps you understand about how businesses will survive and be profitable and add employees to their payroll to help bring the economy back to its feet. How has this is impacted you? How do you see it impacting you in the future?

 

As the instructor I should be able to determine that you have read the article and understand the content by incorporating the following five concepts with definitions and examples:

Cost benefit approach (Economic decision rule)
Shadow price/Opportunity costs
Backward induction (Educational goals and your career aspirations)
Invisible forces
Microeconomics

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more