Economics is a social science, and the study of which is related to a wide range of fields all over the world. Please use what you have learnt in this course to analyze anything happened around you or happened worldwide. In the first paragraph, you can state in your own words the economic theory, or theories to be applied. In the second paragraph, you can state briefly the event you are going to analyze, and why you picked this event. In the third paragraph, you can give some comments, suggestions for improvements of the event if necessary. After finishing the essay, please write briefly under your third paragraph about your understanding of Economics at the beginning and end of the semester respectively. Try to write between 300 and 400 words.
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