Every individual confronts economic issues daily. This is especially true of business owners, who spend their time thinking of economic issues such as how to handle changes in the price of goods, how to allocate their time, and whether to buy or produce goods in order to efficiently allocate their scarce resources.
In your initial post, begin by introducing yourself briefly, including your program of study and career interests. Then, address the following as part of your response:
In your responses to your peers, comment on at least two posts that discuss a different economic principle than the one you chose. Draw connections between the different principles and the role of microeconomics in everyday life.
To complete this assignment, review the Module One Discussion Rubric.
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