Sources must be from one of the following: Current business periodical such as Financial Times, The Wall Street Journal, Business Week, News Week, Fortune, Forbes, and The Economist. The 2nd source must be from: Colander, D. C. (2013). Economics (9th ed.). Boston, MA: McGraw-Hill Irwin. ISBN: 9780078021701
Answer the following questions in the essay. Be sure to cite all sources and all in-text citations must include page number.
What are the basic economic terms most often used in economic discussions?
What are attributes of Microeconomics? What is Macroeconomics?
What are the differences between microeconomics and macroeconomics?
Chose a real-world event and applying the concept of the “invisible hand,” What does the invisible hand seek to accomplish according to Colander (2013)?
What are some of the social forces and political forces that are mentioned by Colander (2013)?
