ECON 213 Discussion 4

Topic: First, research one of these topics:

Product differentiation (make sure you understand this topic since it is very specific and interesting)

Business failures

Entrepreneurship and economic progress

Barriers to entry

Monopolies

High profits and prices encourage

Technological change

Collusive behavior of oligopolies

Gains from trade

Trade restrictions

NAFTA

Global trade

Oil imports

Then discuss your topic in an original thread by 11:59 p.m. (ET) on Friday of Module/Week 7, and reply to at least 2 classmates’ threads by 11:59 p.m. (ET) on Monday of the same module/week. Be sure to include the following:

In the first paragraph, discuss the relevant economic theory of your topic (your textbook is a good source for this paragraph).

In the second, you must include outside research to corroborate your thread (from the Liberty University Online Library or elsewhere).

In the third, cite and discuss a real-world example of your topic.

In the fourth, integrate biblical insights into your Discussion Board posts.

Title your thread according to your topic.

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