PAPER#3
Paper 3 can take up a topic in Chapter 1 or Chapter 2. There are many examples from Chapter 2 on Canvas.
The assignment is not a research paper. You are supposed to apply the material to a personal experience or observation.
PAPER#4
Paper 4 should discuss opportunity cost, marginal cost, economic profit, sunk cost, hidden cost or any topic in Chapter 3 on Costs.
If I were to pick a topic, it would be on the balancing the all-in benefits of shutting the economy down for the benefit of health vs the all-in costs to the economy and mental health. The latter costs were ignored because Fauci, a disease expert, didn’t consider them. Moral: never let a multi-faceted problem be decided by a single-minded individual.
For paper 3 and 4 – doing two pages per paper is whats needed, if more pages are needed please continue, or if you need anything additional please let me know.
Include the needed amount of reference needed can be 0- (whichever)