Need in APA format with more references.

Course Name and Number: Economics from a Business Perspective

This term paper is designed to get students to look deeper into the principles of economics. Below is a list of selected papers. There are four categories of the papers and each of them is listed under their respective categories (supply and demand, international trade, elasticity and government policies, and social welfare and externalities). Please, choose one of the papers from the list for your critical review essay purpose. Once you choose the paper, write a critical essay (around 1000 words, 1-2) using the information and evidence provided in the paper. Note that you are supposed to provide a critical review of the paper you choose in connection with the concepts that you learnt in the course, IN YOUR OWN WORDS. The main purpose of this term paper is to learn more about the course in the light of the empirical evidence and research works.

Supply and Demand

Andreyeva, T., Long, M. W., & Brownell, K. D. (2010). The impact of food prices on consumption: a systematic review of research on the price elasticity of demand for food. American journal of public health,100(2), 216-222.

Kilian, L. (2009). Not all oil price shocks are alike: Disentangling demand and supply shocks

in the crude oil market. American Economic Review,99(3), 1053-69.

International Trade

Schumacher, R. (2012). Adam Smith's theory of absolute advantage and the use of

doxography in the history of economics. Erasmus Journal for Philosophy and Economics,5(2), 54-80.

Seretis, S. A., & Tsaliki, P. V. (2016). Absolute advantage and international trade: Evidence

from four Euro-zone economies. Review of Radical Political Economics,48(3), 438-451.

Kasahara, H., & Lapham, B. (2013). Productivity and the decision to import and export:

Theory and evidence. Journal of International Economics,89(2), 297-316.

Johnson, H. G. (2013). Optimum tariffs and retaliation. In International Trade and Economic Growth (Collected Works of Harry Johnson)(pp. 31-62). Routledge.

Elasticity and Government Policies

Chaloupka, F. J., Straif, K., & Leon, M. E. (2011). Effectiveness of tax and price policies in

tobacco control. Tobacco Control,20(3), 235-238.

Zhou, N., Levine, M. D., & Price, L. (2010). Overview of current energy-efficiency policies in

China. Energy policy,38(11), 6439-6452.

Social Welfare and Externalities

Mariappanadar, S. (2012). The harm indicators of negative externality of efficiency

focused organizational practices. International Journal of Social Economics,39(3), 209-220.

Note that, this is important for you to learn how to read and summarize articles. Use additional sources to support your argument wherever necessary. Please cite any additional source you might use. Your essay is evaluated based on the content, originality and substance in connection to the economic theories you learnt in this course.