Newly discovered economic concepts

Assignment Help Business Management
Reference no: EM131271047

Instructions:

The purpose of this discussion board is to provide you with a forum to discuss your newly discovered economic concepts in light of current issues and real world situations with others in the class. In essence, it is a practice ground for ensuring that your economic reasoning and foundation are secure. This portion of the course requires you to interact with your fellow classmates. Please address these discussion questions below. Make sure to analyze the questions using an "economic perspective." In other words, utilize economics vocabulary in each of your posts.  Respond to at least three classmates' posts. Remember that content matters. You need to write more than "Great Job" or "I agree with you" to get full credit on your discussion responses.

GDP Data Analysis

Locate current data for GDP for the U.S. (Go to the Bureau of Economic Analysis Web site (Links to an external site.). Click on "Interactive Tables:GDP and the National Income and Product Account (NIPA) Historical Tables (Links to an external site.)" and then "Begin Using the Data."  Click the Drop-Down Arrow on Section 1 to find Table 1.1.1.

What are the annual growth rates for the U.S. economy over the last 5 - 10 years? Has GDP been growing or declining over this time-frame? Explain what factors might have caused GP to increase or decrease over this time-frame.

Next, what are the quarterly growth rates (annualized) for the U.S. economy for the last six quarters? What trends do you notice in these numbers? Does anything surprise you? Comment on GDP growth for the different components of GDP (C, I, G, and Xn) over this time frame?

Website::www.bea.gov (Links to an external site.)

GDP and Economic Well-being

Then read the following articles and answer these questions:

  • Is GDP a good measure of economic well-being?
  • Why, why not?
  • What are its limitations?
  • What are some factors that would lead to higher GDP in the U.S. but do not improve well-being?

Website Articles 

The Economist Measuring What Matters (Links to an external site.)

The Donella Meadows Archive Why Should We Be Glad when the GNP Goes Up? (Links to an external site.)

The Donella Meadows Archive Gross National Happiness Measures Quality Of Life (Links to an external site.)

AMERICA 2.0: From Private Greed to Public Service What's wrong with the GDP? (Links to an external site.)

Reference no: EM131271047

Questions Cloud

Discuss key media characteristics for this sort of context : Media strategy is also part of ‘how do we get there?'-  Discuss the key media characteristics for this sort of context.
Prepare unique hypothetical weighted average cost of capital : From the scenario, create a unique hypothetical weighted average cost of capital (WACC) and rate of return. Recommend whether or not the company should expand, and defend your position.
Agreement with morton meinhard to assume half of the cost : Review the case of Meinhard v. Salmon. Suppose that Salmon had disclosed Gerry's proposal to Meinhard, who had said that he was not interested. Would the result in this case have been different? Walter Salmon negotiated a twenty-year lease for the Ho..
Provide a brief overview of the successful company : In Module Two, you will submit a one-page (maximum) document that will identify your chosen successful company from the suggested list. You are expected to provide a brief overview of the successful company that you have chosen to benchmark for ma..
Newly discovered economic concepts : The purpose of this discussion board is to provide you with a forum to discuss your newly discovered economic concepts in light of current issues and real world situations with others in the class. In essence, it is a practice ground for ensuring ..
Comment on the idea of scenario planning : Comment on the idea of scenario planning and crisis avoidance as an investment not a cost in relation to brand maintenance.
What alternatives bank have if it needs temporary funds : Bank Sources of Funds What are four major sources of funds for banks? What alternatives does a bank have if it needs temporary funds? What is the most common reason that banks issue bonds?
Firm average annual compound growth rate : What is the firm's average annual compound growth rate over last 49 years?
Knowing that family constitution : Knowing that a Family Constitution/Charter provides a distinction between the family and the business while providing objectives and rules that govern the business what are some reasons that family businesses do not develop a charter.

Reviews

Write a Review

 

Business Management Questions & Answers

  Nucor corporation- the art of motivation

Nucor Corporation: The Art of Motivation - explain what does Nucor's approach to managing its people require of managers

  Explain what is the hi if the sale of the credit division

Explain What is the HI if the sale of the credit division does not occur but the rival is acquired?

  Future implications of legislation on field of public health

Summarize this legislation and provide your reaction to it. What are the future implications of this legislation on the field of public health?

  Discuss the methods used in needs assessment and examples

Discuss the methods used in needs assessment, and provide examples. Your response must be at least 300 words in length. You are obligatory to use at least your textbook as source material for your response.

  Start new firm civil engineering and cover market research

Start a new business (new firm) but the firm should be related to what i study as a civil engineering so the assignment is how to start a new firm in civil engineering and cover the market research,

  Financial health of veterans united home loans

Assess the overall financial health of Veterans United Home Loans. What are the good and bad signs, if any, in your assessment? Now, make a forecast for the future! How do you see Veterans United in ten years?

  Discuss the cultural dimensions

Please describe and discuss the Cultural dimensions for each country. When the U.S. conducts business with Brazil, which cultural dimensions would have the greatest impact on negotiations and why? How can we minimize any impact on business negotia..

  Organizational behavior a manager is promoted to director

organizational behavior a manager is promoted to director above other managersa manager is promoted to a new position

  Signs indicating when an employee is about to lose their

signs indicating when an employee is about to lose their jobin todays current business environment it is not uncommon

  Assignment-course assessment

Utilizing concepts covered throughout the course, the course assessment project will require you choosing a specific industry. Within your paper of approximately 7-8 pages of text, the following items would be addressed:

  Relevant customers to take into consideration

Think of any organizations that do not have relevant "customers" to take into consideration? If there are such, how are they different from other organizations where all parts of the BSC operate equally?

  Explain why they also need to focus on conceptual skills

Describe how the Fox brothers perform the three management roles and explain why they also need to focus on conceptual skills, to be effective leaders.

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