Strayer Library
Write a three to four (3-4) page paper in which you:
- Identify at least four (4) key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8.
- Apply one (1) of the following economic concepts (supply, demand, market structures, elasticity, costs of production, GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the key points that you highlighted in Question 1.
- Explain how the concept that you identified in Question 2 could affect the U.S. economy.
- In your concluding paragraph, state whether you agree or disagree with the economic article identified in Question 1. Provide a rationale for the response.
- Use at least three (3) quality resources in this assignment with one (1) being your article.
Your assignment must follow these formatting requirements:
- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
- Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
……………………Answer preview……………………..
There are different concepts in economics that can help us understand some of the things that we do each day in the business world. Various concepts that can be addressed when one takes a look at Economics as a field of study are usually categorized into two major concepts by the name macroeconomics and microeconomics. Macroeconomics deals individual consumption and other related topics which revolve around the daily economic activities of an individual. On the other hand macroeconomics explains some of the economic concepts and factors that affect the society at large. Some of the concepts that are found in macroeconomics and microeconomics include full employment, interest rates demand and supply, individual consumption, inflation, price stability and many others, (Markovits, 2014)………………………………………………..
APA
1030 words