I have selected two different podcasts that you will listen to and you will give me your thoughts on the subject.
Here are some questions that you can answer:
1. Do you agree with the statements made in the episode? Why or why not?
2. How does it relate to an economic concept covered in class or in the book?
3. Does the episode reinforce what you have learned? What is different?
4. How does this topic relate to your life?
There are no wrong answers. I just want to think more deeply about these topics and see that there can be differing views.
Select 1 option from the following choices in order to complete the Unit 1 Discussion assignment. This will consist of a Main Post (minimum 300 words) and a Reply Post (minimum 100 words on why you agree or disagree) and only 1 attempt.
You will not be able to see other student's posts until you make a post.
Option 1 Elasticity
https://knowledge.wharton.upenn.edu/article/why-competition-failed-to-regulate-the-cost-of-epipen/
Option 2 Price controls
https://freakonomics.com/podcast/why-rent-control-doesnt-work/
Option 3 Minimum Wage
https://www.econtalk.org/jacob-vigdor-on-the-seattle-minimum-wage/
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