Economics Homework Help

Market Efficiency and Market Failures Discussion and Responses

 

COMPLETE THE FOLLOWING:

For this discussion, please investigate an industry market failure that has occurred within the last 10-years in the U.S. Identify the events that led to the market failure.

Consider the steps that should have been taken to self-correct the market failure and steps that are being taken to eliminate the need of another government bailout in the future. Is your chosen industry currently operating efficiently?

Locate a recent article or event (published within the last year) that highlights your relevant microeconomics topic. Use the Hunt Library, newspapers, new stations, or other credible sources to discover how your topic aligns with microeconomics.

THE FOLLOWING WILL BE COMPLETED :

Consider the following:

State the article or event you selected.

Identify the microeconomic concept(s).

Describe your findings.

Analyze the relevance to real-life applications.

In responding to your peers state:

  • Whether you agree or disagree with the findings and why
  • A probing question that facilitates further discussion of the topic