Economics Term Paper

Prepare a 700-1,050 word paper, which includes the following:
Part 1: Research the definitions of the following terms: economics, supply and demand, macroeconomics, microeconomics, elasticity, inelasticity, and GDP (Gross Domestic Product). From your research, provide a definition of each term, with each term being a subheading in your paper.

Part 2: Choose one of the economic terms and research its application in the health care industry environment. Pick three articles from a professional journal or recognized publication concerning the term and individually summarize each of three articles pertaining to one of the terms