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, and reply to at least 2 classmates’ threads by 11:59 p.m. (ET) on Monday. 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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