Explain economic principles and their applications in the real world.

This assignment is aligned to these course outcomes:

  • Explain economic principles and their applications in the real world.
  • Summarize the different types of market structures and the role of government in economics.

In the workplace, we are often asked to create “briefs.” A brief provides a snapshot, or short, written summary, of a situation or event that has occurred. It is generally just a few pages long and may include additional visuals like a graph, chart, or table. In this assignment, write a brief about economic concepts in an industry that interests you.