Topic: Looking around: D&S Theory as Evidenced in a Current Affairs News Article

Description:

connect practical issue or situation and reflect back to how the issue is related to the economic theory of the demand and supply model. find a current affairs news article on the web that has some connection to Canada. Read the article and address the following questions/discussion points:

1. What, in the article, provides evidence of a connection to the demand and supply model? Be specific?

2. How does the model provide with some clarity on understanding the article OR how does the article provide you with clarity on understanding the model? Illustrate the situation with a Supply and Demand graph with relevant shifts and movements.

3. How, in the limited amount of economics we have covered thus far, has your perspective on how the economy works changed?