ASSIGNMENT ID
85054
SUBJECT AREA Economics
DOCUMENT TYPE Essay
CREATED ON 17th January 2017
COMPLETED ON 18th January 2017
PRICE
$30
18 OFFERS RECEIVED.
Expert hired: WRITERANN

Ten Principles of Economics and the Data of Macroeconomics

Purpose of Assignment The purpose of this is assignment is for students to review the basic principles of economics and the concepts of the circular flow model, showing the connectivity of society's economic players and the flow of goods and money within an economy. Students will learn how society allocates its scarce resources and how economists are both scientists and policymakers. Students will define GDP and CPI and how they are calculated. Assignment Steps Resources: National Bureau of Economic Research; Principles of Macroeconomics: Ch. 1, 2, 3, 4, 5, 6, and 7 Scenario: Your organization's CEO is concerned that members of the strategic planning committee are not familiar with current economic thought and principles. The CEO has assigned you the task of developing a report to introduce some of these thoughts and principles. Develop a 1,050-word report to the members of the strategic planning committee explaining the following information: •How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources. •Using the circular flow model, explain the flow of money and goods in an economy. •How the economy coordinates society's independent economic actors. •A country's gross domestic product (GDP) and how it is defined and calculated. •How the consumer price index (CPI) is constructed and why it is an imperfect measurement of the cost of living. Format the assignment consistent with APA guidelines.
This project has already been completed on Studybay
On Studybay you can order your academic assignment from one of our 45000 project experts. Hire your expert directly, without overpaying for agencies and affiliates!
Check the price for your project

See other similar orders

Studybay assignment progress timeline

Studybay is a freelance platform where you can order a Ten Principles of Economics and the Data of Macroeconomics paper, written from scratch by professors and tutors.
17 January 2017
User created a project for Economics
17 January 2017
18 experts responded
17 January 2017
User contacted expert WRITERANN
17 January 2017
User hired expert WRITERANN who offered a price of $30 for the project and has experience doing similar projects
18 January 2017
The expert completed the project Ten Principles of Economics and the Data of Macroeconomics for 1 day, meeting the deadline
18 January 2017
User accepted the project right away and completed the payment
18 January 2017
User left a positive review

Other projects in this subject area

Random blog posts

Explaining the change management at british airways
This report focuses on explaining the change management at corporations. It includes the exemplory case of British Airways that has once successfully applied change management in their corporation. Change Management is the idea organizations apply in order to deal systematically with change. When British Airways was formed following its merger, it wasn't successful. This is mainly because of the cultural and status dissimilarities of the employees of the corporations that were merged. There is no leadership and the business lacked the required competence to deal with the emerging problems. In order to deal with that dilemma it was decided to appoint a fresh Chairperson and Lord King was appointed. He down the road, appointed King Marshall as the principle Executive. Both leaders knew that change was needed within the business.
Management information systems in tesco information technology essay
Now every day, the use of technology is becoming rapid and has been dispersing like a computer virus across the world within seconds. There is absolutely no point in criticizing this technological development because it reduces manual work by which it saves a lot of time. People in several fields have been using these computer systems inserted with special programs and applications to complete a work. In the similar way, a system which was released three decades earlier is driving massive organizations in achieving success. These systems are reported to be "Management Information Systems". There is no point in misunderstanding the difference in information systems and management information systems.