There are three response essays in this course. Response essays should be 300-400 words in length. They do not need to have a title page, but should have a bibliography if sources are used. If sources are used then the student should cite sources in APA or Turabian. All writing should include a clear thesis statement and sound argumentation in posing your answer or solution.

Response Essay: Economic Way of Thinking Assignment    1. Does the economic theory that people are self-interested assume that they are always selfish and greedy? 2.What are the distinctions? 3. When individuals try to economize, what are they doing? 4. What signals guide the entreprenuer to help them understand how to best allocate resources?