To prepare for this assignment: – Identify three (3) concepts from three different chapters (between 6-9) – Identify three (3) concepts from three different videos. Once you do, please post the following information: – Briefly describe each concept – Do you think the average American has a good understanding of the concept? Why or why not? If they don’t, what misconceptions might they have? – Provide an example that illustrates the concept with a real life situation. This should be an example you create (rather than re-stating something in the book or video). This is a change for you to demonstrate you’re able to “move theory to practice.” – Close the post by illustrating how two or more of the concepts can work together or influence each other. Scoring: The post should be complete and address all aspects of the question and contain citations from several areas of the books and videos, and possibly some outside resources. Posts are worth 59 points and the responses are worth 16 points (8 points each). ***Required Readings/Videos for the assignment*** Chapters 6-8 of Stiglitz, J. E., & Rosengard, J. K. (2015). Economics of the Public Sector. New York: Norton. ISBN: 978-0-393-92522-7. https://youtu.be/ha-ssoI6S0Q – https://youtu.be/3sUCSGVYzI0 – https://youtu.be/1dq7mMort9o – https://youtu.be/cMUUPzV1Klo
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