Analyzing a problem using a theoretical economic model

        Find a current economics in action news story that was published in either one of the following sources: The Wall Street Journal or The New York Times or The Guardian between January 2017 and September 2017 that addresses an economic phenomenon and applies any one of the economic models discussed in Textbook Chapters 1, 2, 3, 4, or 5. Examples that you can analyze but are not limited to are: unequal income distribution, poverty, homelessness, unemployment, global warming, inflation, food insecurity, education, healthcare, etc. The economic models discussed are the Theory of Marginal Analysis or The Economic Perspective, Theory of Comparative Advantage and Gains from Trade using the Production Possibility Frontier and the Theory of Demand and Supply in a competitive market. Summarize the relevant economic model in your own words, explaining clearly the various key economic concepts relating to the model (for eg. with reference to the Theory of Marginal Analysis: provide an explanation in your report of the theory with reference to the relevant economic concept/(s) namely marginal benefit, marginal cost, overallocation, underallocation, allocative efficiency, inefficiency, shifts, movements, etc.) and then analyze how the economics in action news story that you have chosen applies the economic model to the real life economic problem.