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.
The general content and flow of the paper should follow:
Introduction
Summary and critique of the paper- Economic analysis.
Comments on how the article relates to other work on the same subject
Comments on how the paper relates to the theory you learnt in the class
Conclusion
References