Develop a paper discussing your understanding of economics

Assignment Help Microeconomics
Reference no: EM131058298

Using scholarly research, develop a 3-5 page paper discussing your understanding of the following terms:

a. Economics
b. Microeconomics
c. The difference between macro and micro economics
d. Managerial economics

From a managerial perspective discuss the importance of understanding how these variables affect the delivery of services in the not-for-profit sector. In studying an organization you are familiar with, discuss how the firm was managed in terms of adjusting to the extant economic climate. If you were the CEO of said firm, how would you have done things differently and why?

Reference no: EM131058298

Questions Cloud

Make new contributions with new research and analysis : Research & Analysis: The replies build upon the key ideas of the threads to which the student is responding and make new contributions with new research and analysis
Infinity the energy separation : a) The energy levels in the H atom get closer as n .......................... b) When n = infinity the energy separation of an electron from the nucleus is equal to the ........................... energy.
Describe the setting and access to potential subjects : Provide an outline of the data collection plan. Describe how data management will be maintained and by whom. Furthermore, provide an explanation of how the data analysis and interpretation process will be conducted. Develop the data collection too..
Calculate the maximum number of electrons : What is the equation used to calculate the maximum number of electrons that can fill an energy level. How many electrons will fill shells 2, 4, and 6.
Develop a paper discussing your understanding of economics : Using scholarly research, develop a 3-5 page paper discussing your understanding of the following terms: Economics, Microeconomics, Managerial economics and The difference between macro and micro economics.l
Question regarding the precipitated for result : A 25.00 gram sample of unknown water was acidified, properly treated with a precipitating agent and, when heated, showed the sample to contain 6.06% P. How many grams of P2O7 would have to be precipitated for this result?
Discuss pros and cons of beginning to save for retirement : Discuss the pros and cons of beginning to save for retirement at the age of 25 compared to 35. You can use calculations to help facilitate your discussion if it helps you.
Prepare a report on ballast and sub-ballast aggregates : Prepare a report on Ballast and sub-ballast aggregates - Depth of Ballast and Conventional Granular Sub-ballast
Determining the precipitate form : Milk of Magnesia is actually a suspension (that's why instructions often mention shaking before use) of solid Mg(OH)2. 1.00 liter of solution of 0.055 moles of Mg2+ is held at a pH of 7.00. Would a precipitate form? If so, what fraction of the origin..

Reviews

Write a Review

Microeconomics Questions & Answers

  Dollar devaluation affect businesses

How will dollar devaluation affect businesses and consumers in the twin cities of El Paso, United States, and Juarez, Mexico? Make sure you explain the impact on the twin cities, not just 1 city.

  Write an example how scarcity of the product would have the

what is economics? please respond to the followingbullidentify a recent purchase that you made and determine how

  Relationship between productivity and the wages earned

What is the relationship between productivity and the wages earned by employees where you work or at an organization with which you are familiar?

  What is customer surplus

Presume that there is one manufacturer and one retailer. Final inverse demand is P(q) = 100-2q. Marginal cost of the manufacture is 10 and the retailer has a marginal retailing cost of 5 in addition to the wholesale price charged by the manufacturer...

  Explain what causes movements along the curve

discuss the differences between the microeconomic definitions of supply and demand and the macroeconomic differences of aggregate supply and demand. Discuss what determines supply and demand and aggregate supply and aggregate demand.

  Discuss the managerial meaning and relevance

Propose a regression model including the important explanatory variables that a business manager should use in estimating the demand for its product.

  What effect does immigration have on wages write down some

in your quest to understand how your employees would be affected by any of the decisions you are going to make you also

  1 in addition to the chairman of the board of governors the

1. in addition to the chairman of the board of governors the fomc consists of .nbspa. six rotating members of the board

  Identify the equilibrium wage rate and quantity of labor

Use the demand-and- supply diagram for labor in commercial fishing to identify the equilibrium wage rate and quantity of labor. Use the diagram to illustrate the economic rent earned by workers who would fish at wage rates below the market equilib..

  Does the consumer believe that more is better for each good

Consider the utility function \(U(x,y) = y\sqrt{x}\) a)Does the consumer believe that more is better for each good? b)Do the consumer's preferences exhibit a diminishing marginal utility of x? Is the marginal utility of y diminishing?

  How to find the point where the firm maximizes its profit

For a firm in a perfectly competitive market, the total revenue curve, TR, is unusually easy to draw. What will it look like? Draw TR in your figure. Remember that if you sell nothing, your revenue is zero. The price of the good is 2.20.

  Describe inflation, unemployment rate, production

You have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand and supply factor that would have the greatest impact on the economy of your ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd