Discuss in detail how economists measure productivity


Essay Homework

Length: 3,000 words.

a. Discuss in detail why an organization must analyze the need for applications and justify it in terms of cost and benefits.

b. Discuss in detail how economists measure productivity. Also discuss concepts behind labor productivity, the productivity paradox and explanations of the apparent productivity paradox.

c. Discuss in detail traditional financial methods used to evaluate investment decisions including present value (NPV), internal rate of return (IRR), and payback period including scenarios when one over the other would be more appropriate.

d. Select an IT-going green initiative and describe in detail how you would build the business case to justify such an investment. List some metrics for the justification.

Format your homework according to the following formatting requirements:

i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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