XECO 212 Week 1 DQ 1 And DQ 2

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Post your response to the following: Locate recent articles in the New York Times or Wall Street Journal in which economists are quoted using positive and normative statements.
o Provide one quote and its context for both a positive and normative statement. Explain your choices.
o Evaluate the statement choices of your fellow students.

DQ 2

Post your response to the following: Select a good that you are familiar with. What are the factors that shift the demand curve for this good? What are the factors that shift the supply curve for this good? How do you expect the supply and demand of your selected good to change in the next year? Relate your expectation to price and quantity.

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