ALLIED ECN150 MODULE 2 HOMEWORK ASSIGNMENT

Welcome to the Module 2 Homework Assignment for ECN 150: Introduction to Microeconomics.This section prepares you to complete this assignment successfully. Please follow these instructions to complete and submit this assignment.You will create a document in either a .doc or .rtf format to record and save your work. If you have never created documents in an .rtf format, please visit the Academic Resource Center and click on Tutorials. You will then see a list of tutorials on the following page. Click on RTF Tutorial.Read the instructions carefully and review your work before you submit your assignment.Include a title page with this assignment. Your title page should follow standard APA formatting. Please view the .allied.edu/Pages/ViewPage.aspx?GroupID=189″>Title Page Example.When you are ready to submit the assignment, click the Start button at the bottom of the page to access the submission page and follow the instructions.Running head: [INSERT
TITLE HERE][INSERT
TITLE HERE]Student
NameAllied
American UniversityAuthor
Note This
paper was prepared for [INSERT COURSE NAME], [INSERT COURSE ASSIGNMENT] taught
by [INSERT INSTRUCTOR’S NAME].

Part IDirections:
Write a five page APA formatted essay with at least four scholarly citations
and references to address the question below.
Please utilize LIRN to help you get started with your search. You may visit the Academic Resource Center
for a guide on how to utilize LIRN successfully.1. After
reading the two articles in Modules 1 and 2 related to Economic Theory (first,
“How Did Economists Get It So Wrong” and second, “History of Economics
Playground”), reconstruct what happened from 2006 through 2012 as it relates to
microeconomic theory. Was there too much
focus on the macro climate and not enough on the micro climate? Do you concur more with Krugman or Giraud? What is the basis for your opinion? Be sure to isolate other peer reviewed
articles using the library that back your viewpoint and use it as a basis for
analysis, in addition to what you see happening in the market yourself. Compare and contrast the two articles and the
two authors’ perceptions of the market.Part II: Reflection Essay
Reflect on
this week’s work as it relates to decisions you make in your own life. Write a one page reflection essay about a
decision you have made in the past six months as it relates to this week’s
topics and how this modules material may have impacted your decision-making.