microeconomics topic

Based on your own analysis from the course content and without any other outside sources beyond the textbook materials… There are no references to cite! This should be an enjoyable and productive essay by relating what you have learned in the course to your own selected current microeconomics topic.
Select any current microeconomics event during this quarter as your topic (but do not select one already covered in discussion boards!). In the first paragraph of your essay, describe the major lesson that you learned and take away from this event. Afterwards, in each succeeding paragraph, separately apply a course principle or theory from the material that we studied which is related to your topic and analyze fully its relevance. Explain how it reflects the microeconomics from the course content to your chosen event.