Microeconomics III

Reply to each topic with a short essay and carefully explain your reasoning. Submit online and also submit a hard copy in class on the due date.

Explain why international trade creates both “winners and losers” and why, therefore, different factions view trade with different normative opinions.
On what basis could the Congress decide the optimal amount of public goods to provide, and how could it choose which goods to include?
What main ideas can microeconomics contribute to a firm’s evaluation of the net present value of a capital growth project and whether to accept the project?
The idea that an economy needs an “optimal amount of harm” is nonsense because no harm is good. Agree or disagree and explain.