You will be required to do ONE (1) APPLIED WRITING task based on microeconomics application in the real world. Applied w

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You will be required to do ONE (1) APPLIED WRITING task based on
microeconomics application in the real world. Applied writing is
meant to be open-ended and informal, yet creative.

The word count for the report must be approximately 1500 words (5
pages). Details of the task and respective due dates are given
below.
Task
1.
Choose ONE (1) topic of your own
interest from the list below:
a) Behavioral
Economics – Criticisms of Rational Choice Concept.
b) Reasons for
Economies Striving Towards the Maximum Usage of Resources.
c) The Role of
Human Capital in the Modern Economy.
d) Discuss How
the Economy Changes with the Changes of Seasons.
d) Micro
Analysis Effects of Covid 19 Pandemic on Citizens.
e) Micro
Analysis Effects of Covid 19 Pandemic on an Industry or a Firm.
f) Significance
of Microeconomics in Business Decision Making.
g) Significance
of Microeconomics in Government Decision Making.
h) Government
Policy Effects on Microeconomics.
i)
Theoretical and Practical Analysis of Production Cost of a
Firm.
j) Role of
Information Technology on Economic Development
Your discussion MUST be relevant to
the scope of microeconomics and supported by specific and
appropriate real-world examples/events (you may use as many as
possible; however, your overall work must be of a good
standard/quality). Include graphs and/or calculations, and
citations, as deemed necessary.