Principles of Microeconomics Jennifer Pate – second edition.
Chapters 12, 13 and
Principles of Microeconomics Jennifer Pate – second edition.
Chapters 12, 13 and 14
Summarize one concept from each chapter.
Discuss how the contents from each chapter might be applicable as a manager at Wawa.
Assignment Directions for ECON 103: The Benefits and Costs of Economic Growth
Assignment Directions for ECON 103: The Benefits and Costs of Economic Growth
Purpose:
Your case study paper is due at the end of Week 7. The purpose of the assignment is to apply your knowledge of the costs and benefits of economic growth. This assignment is based on Chapter 19 in Meyer’s Everything Economic Book and on supplementary readings.
Description:
During Week 4, we studied concepts related to the sources of economic growth. This growth benefits society by advancing our well-being and improving our standard of living. At the same time growth has some very significant social and environmental costs. The paper assignment for this course asks you to define and explain the sources of economic growth and to develop a proposal for an economic policy that would encourage and promote each source of growth. The assignment also asks that you provide examples of some of the costs of economic growth and polices to help reduce those costs. First, review Chapter 19 and the fellow file attached file: Cons Econ Growth & Sust Dev_Smry.docx (i have attached this word document)
You may read other articles as well and include them in your bibliography.
Using these resources:
1. Define the sources of economic growth and give an example of each of the sources of growth.
2. Propose one policy for each source of growth that could enhance or strengthen that source.
3. What are some of the downsides of economic growth? Give an example of a policy that would help to reduce the negative impacts of growth.
4. Finally, at the conclusion of your paper please include a brief statement reflecting on what you feel you have learned from the assignment and how that learning may be applied to your life or work going forward.
Project Specifications:
Must be a total of 800 to 1200 words
Your case study is due at the end of Week 7
Include a bibliography with at least two references, presented in APA format
Check your paper for spelling and grammar prior to submission
Instructions
You are now familiar with economic theories and analyses to think l
Instructions
You are now familiar with economic theories and analyses to think like an economist. I’d like you to use this knowledge to bring the course to a close.
A. Provide a written assessment of the current state of the U.S. economy. Base your assessment on reputable media sources (e.g., The Wall Street Journal, The New York Times, Bloomberg BusinessWeek, Time, major network news, etc.) as well as data obtained from government websites (e.g., www.bls.gov, www.bea.gov, websites for the Federal Reserve Bank and each of the 12 district banks).
Questions to consider:
Using a macroeconomics demand/supply analysis, where do you think current output is relative to what the economy is capable of producing?
Look at recent trends in the data.
What are economists saying in media reports?
What is economic growth currently?
What is the current inflation rate?
What is the current unemployment rate?
What are the recent trends in the components of aggregate demand (consumption spending, investment spending, government purchases, and exports and imports?
What monetary policy implementations has the Federal Reserve Bank recently undertaken?
Fred – GDP and unemployment
Bls – unemployment
Where am I getting the numbers from.
B. Based on your assessment of the current state of the U.S. economy, what recommendations would you suggest for fiscal policy and monetary policy and why?
Details of the written assignment:
You may chose the style/format…..that is, you can write a business memo, a newspaper article, a magazine article, a college research paper, etc.
The length is open. I am NOT expecting a long research paper. Rather, I hope that you have gotten a lot out of this course and this is an opportunity for you to express yourself as an educated economist.
The report should be written as a Microsoft Word-file. Submit your assignment in the Assignments area in Brightspace. Your submission will be processed by Turnitin.com.
The due date is Sunday, July 28, 2024, 11:59pm (the last day of classes).
Academic honesty is expected. Please refer to the Marist College Student Handbook for the College policy on academic honesty.
The assignment is worth a maximum credit of 100 CD$. Credit will be based upon supporting information (judged according to relevance, timeliness, and accuracy), your interpretation of the information, and your policy recommendations which should be consistent with your assessment. Do not just give me a collection of statistics….. you should include statistical data but more importantly, please interpret the information.
CD$ may be deducted for the following:
Lack of neatness, organization, or consistency
Grammatical, spelling, or punctuation errors
Inappropriate or omitted citations – all sources and references need to be correctly cited!
Use of colloquial language and slang
Misuse of economics concepts and terminology