discussion 1 Macroeconomics

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Refer to the table below to find which key conceptterm you are assigned via your last name. Then create a discussion thread and:

  • Define the assigned term (Market Power)
  • Provide an original, economics-based explanation of the term
  • Provide a real/hypothetical contextual example (different from that provided in the text) of the term as it is applied to economics.
  • Respond and engage with at least two of your classmates.

Mankiw, G. N. (2018). Principles of Macroeconomics. Boston, MA: Cengage Learning.

  • Chapter 1: Ten Principles of Economics
  • Chapter 2: Thinking Like an Economist