ECON 213 Discussion 4
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 of Module/Week 7, and reply to at least 2 classmates’ threads by 11:59 p.m. (ET) on Monday of the same module/week. 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.