Write a short paper applying economic principles to solve a puzzle or explain an interesting phenomenon you have observed in the real world.

Write a short paper applying economic principles to solve a puzzle or explain an interesting phenomenon you have observed in the real world.You need to find your own puzzle or phenomenon to write about, and it may not be one that isspecifically discussed in either textbook. You must give me your topic at least two weeks beforethe due date, as shown above. I may ask you to find a new topic if your choice is too easy, toodifficult, or undesirable for some other reason – which is why it’s best to submit your topic early.