a trade in human organs, based on supply and demand, raises
ethical issues and hence it indicates a
limitation of relying on markets to solve the social problems we have
in the society.
Course outcome(s) practiced and assessed in this Assignment:
GB540-3: Evaluate ethical issues in economics.
Directions
You can write your research about social problems where the free
markets are not allowed to
function, which includes the market for a particular illegal good
and service, a regulated market, etc.
● Select a social problem where free markets are not allowed to
function, and conduct research
on the social problem.
● Describe how free market features could be introduced to help
alleviate the social problem
through free market operations of supply and demand.
● Discuss the risks of introducing market mechanisms of supply
and demand in situations where
ethical issues are present.
Criteria
● Your Assignment should have a cover sheet with the following
information: Title of the paper,
your name, course and section number, and date