Assignment:
Economic Definitions Worksheet
Complete the Macroeconomic Terms Worksheet.
Click the Assignment Files tab to submit your assignment.
Product Purchases and the Economy
You've been debating on making a purchase for yourself. This is a product you've wanted for a while, but one that requires budgeting because you will be making monthly payments.
Select a product in which the demand for the product is clearly affected by the strength or weakness of the overall economy such as new homes, cars, appliances, smart phones, etc.
Write a 750- to 1,000-word paper in which you address the following:
• Identify and define two economic indicators that reflect the strength of the economy (e.g. real GDP, unemployment rate, inflation rate, interest rate, housing starts, etc.).
• With these economic indicators in mind, how has the economy affected the demand for and supply of your selected product over the last 2 years?
• What was the impact on the supply of the product and the impact on the demand for the product?
• Explain the impact on the price of the product and your decision on whether or not to buy the product.
• Include responses to the following:
o How might you apply what you learned about supply and demand to your work place or your understanding of the product you are considering purchasing?
o How do the concepts of macroeconomics help you understand the factors that affect shifts in supply and demand on the price of the product?
Cite a minimum of three peer-reviewed sources not including your textbook.
Click the Assignment Files tab to submit your assignment.
Fiscal Policy Paper
Select an organization with which the team is familiar.
Write a 1,000- to 1,250-word paper in which you include the following:
• Research federal government spending and taxes over the last 3-5 years (fiscal policy). Has total government spending increased or decreased? Explain. Have income tax rates increased or decreased? Explain.
• Describe the impact of these fiscal policies on the U.S. economy
• Describe the impact of these fiscal policies on your team's selected organization.
• Have other macroeconomic events impacted the economy and/or your selected organization? If so, explain.
• What are expectations regarding the strength of the economy in the next 2 years?
• Make recommendations for your organization regarding how to best compete in the expected economy.
Include a minimum of 3 peer reviewed sources not including your textbook.
Click the Assignment Files tab to submit your assignment.
International Economics Paper
Select an organization that both U.S. and international presences.
Write a 700- to 1,000-word paper in which you answer address the following:
• What does the president and congress do to stimulate the economy? What does the president and congress do to contract the economy?
• What does the Federal Reserve do to stimulate the economy? What does the Federal Reserve do to contract the economy?
• What motivates policymakers to stimulate the economy or contract the economy?
• Based on your research, what does the Federal Reserve say about its policy goals?
• What does the Federal Reserve say about the strength of the economy?
• How does the strength of other economies outside of the U.S. affect your organization?
• Based on your research, recommend changes in your organization's competitive strategies or supply chain.
Use a minimum of 3 peer reviewed sources not including your textbook.
Click the Assignment Files tab to submit your assignment.
Deficit and Debt Presentation
Create a 15- to 18-slide PowerPoint® presentation including detailed speaker notes in which you include the following:
• Research the direction of monetary policy over the last 3-5 years. Has the money supply increased or decreased? Explain. Have interest rates increased or decreased? Explain.
• Describe the impact of these monetary policies on the U.S. economy
• Describe the impact of these monetary policies on your team's selected organization.
• Have events in the economies of other countries impacted the U.S. economy? If so, explain.
• What are expectations regarding the strength of the U.S. economy in the next 2 years?
• How do changes in the value of the U.S. dollar impact your selected organization?
• Make recommendations for your organization regarding how to best compete in the expected global economy.
Present your assignment to the class. All members of the team should participate in the presentation.
Include a minimum of 3 peer reviewed sources not including your text.
Click the Assignment Files tab to submit your assignment.