Assignment, 20 June 2021

Over the last two months, we have discussed a vast number of topics: starting from how the
definition of economics has evolved over time, to the idea of the market and what makes
people trade among themselves, to the idea of taxation and market welfare, to international
trade, externalities, and public goods.

In this assignment, I would like you to think through all that we have learned and do the
following:

1. Based on what we have gone through, construct six (6) questions that, when answered,
covers the breadth of the topics and concepts discussed in class.
[40 marks]

2. Answer four (4) of the questions you have framed above.

[60 marks]