Differences between macroeconomics and microeconomics

Assignment Help Microeconomics
Reference no: EM13705805

Part 1:

Part 1 of the project is to find two articles about a microeconomics problem currently in the news from either a newspaper or news (including business) magazine. You will submit a short analytical paper that compares/contrasts the problems or issues and demonstrates your mastery of the course material by your explanation of the problem or issue.

Part 2:

For Part 2 of the project you will submit another set of articles covering macroeconomic and a short analytical paper.

Your short analytical paper needs to include the following:

- An explanation of the problem or issue.
- Possible causes of the problem or issue from a supply and demand perspective (labor supply and demand, aggregate supply and demand, product and service supply and demand).

- The significance of the problem or issue (i.e., does it lead to economic fluctuations? If so, how?).
- The costs and/or benefits of the problem to society.
- Explanation of possible solutions to the problem or issue.
- The expected short-term and long-term implication toward possible solutions to US and international economic institutions.
- How the two problems are related (if they are).

Part 3:

Your final research paper should be a between 5-6 pages. It should have an introduction (containing a thesis) and a conclusion. You must correctly cite your sources using APA format.

Write about the problem or issue as if you are explaining it to someone who has never taken an economics class. Be sure to explain the key concepts and terminology of both microeconomics and macroeconomics within your paper.

Be sure and include graphs to illustrate key ideas if relevant.

- Recognize and utilize the vocabulary, terms and theories essential to the discipline of Economics.
- Describe the differences between macroeconomics and microeconomics.
- Explain supply and demand.
- Explain factors that impact economic fluctuations.
- List the major U.S. and International economic institutions and their roles in the economy.
- Evaluate how knowledge, skills, and attitudes learned in this course apply to their chosen careers

Verified Expert

Reference no: EM13705805

What is your measure of output

Having trouble coming up with a cost function equation for my Managerial Econ class. I chose a company that sells bottled water as the subject sort of like a Pure Life water w

Prepare your memorandum paying particular attention

Prepare your memorandum paying particular attention to the following: For confidentiality reasons, please prepare an APA formatted cover sheet with your me

How economic theory and concept utilized to maximize quality

Course outcome(s) practiced and assessed in this Assignment: GB540-5: Assess how economic theory and concepts are utilized to maximize the quality of economic decision-makin

Consumers maximum willingness to pay for a good

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4

What quantity and price will prevail in the industry

Analyst B is mainly worried about the monopolization of the industry, and, therefore, recommends that you promote competition through regulation and antitrust policy. What q

The risk-free interest rate

Suppose that the risk-free interest rate is 10% per annum with continuous compounding and that the dividend yield on a stock index is 4% per annum. The index is standing at 40

What may affect productivity over the short and long term

Terrorist attacks foster instability and may affect productivity over the short and long term. Do you think the September 11, 2001, terrorist attacks on the World Trade Cent

What is maximum it would be reasonable for owner of bulding

What is the maximum it would be reasonable for the owner of a building to pay for a new sprinkler system if it would save $715 per year in insurance premiums? Assume it would

Reviews

Write a Review

 
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