Find a recent article that describes an event that you find interesting. Your task is to analyse the event using economics. Your essay should begin with a very brief description of the event (attach the original article to your essay). The essay should proceed with a precise description of the economic setting and then an economic analysis.
Note: You can do a supply and demand diagram if it useful to illustrate a point, but this essay should not be about demand and supply analysis. Showing a firms cost curves might be very useful if you are discussing changes in a firms economic profit, or about the changing quantity of production. The important thing is that diagram is relevant to your essay.
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