One of our main areas of focus in this session is special-interest groups. This is a topic that we could explore for weeks! It’s now time to have a discussion with your colleagues on this subject. Choose a special-interest group from a U.S. industry and examine their role in politics. Discuss how that interest group aligns with public choice theory.
Locate a recent article or event (published within the last year) that highlights your relevant microeconomics topic.
State the article or event you selected.
Identify the microeconomic concept(s).
Describe your findings.
Analyze the relevance to real-life applications.