Lightly Adapted from a template by Geraldine Van Gyn.
Question 1: In your own words , what are the 3 most important concepts, ideas or issues in the reading? Briefly explain why you chose them.

Concept 1 (In your own words) (2 marks)

Concept 2 (In your own words) (2 marks)

Concept 3 (In your own words) (2 marks)

Question 2: What are 2 concepts, ideas or issues in the article that you had difficulty understanding, or that are missing but should have been included? In your own words , briefly explain what you did to correct the situation (e.g. looked up an unfamiliar word or a missing fact), and the result. Cite any sites or sources used in APA format.

Issue 1 (In your own words) (1 mark)

Citation 1 (in APA format) (1 mark)

Issue 2 (In your own words) (1 mark)

Citation 2 (in APA format) (1 mark)

Question 3: What is the main economic story of the reading? (Economics studies the allocation of scarce resources.)

Story (In your own words) (2 marks)

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