Describe and provide a link for each of your articles and why you chose them.

While decision making under conditions of scarcity is fundamental to Economics, there is a further distinction typically made between Microeconomics and Macroeconomics. As the prefixes imply, Microeconomics is more focused on decision making by individual households and businesses. These are aggregated up to the market level, and the analysis of Market Structure is an important topic in Microeconomics. When the aggregation continues on up to the national level we enter the domain of Macroeconomics. Macroeconomics is based on the same fundamentals as Microeconomics, but instead of focusing on prices in individual markets we would be looking at a broad measure of inflation and other aggregate variables. If we look at employment data in various industries and then sum it up overall industries, we can examine national unemployment, labor utilization, and even economic growth! For now, everyone finds two current events articles, one focused primarily on a Microeconomic topic and one focused more on Macroeconomics. Describe and provide a link for each of your articles and why you chose them. Also address each of the examples below, declaring whether you think each is more representative of a Microeconomic topic or a Macroeconomic topic. There is a price increase in a resource that is critical in a particular industry. There is a sustained increase in the overall average of all prices of goods and services. Technological advances cause workers in a particular industry to lose jobs. The national unemployment rate dramatically rises. Submit your work as a .doc, .docx, .pdf, and cite all outside sources in APA format.

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