In this course, we have covered several important concepts such as GDP, unemployment, monetary and fiscal policy. For our final module you will apply these concepts to your firm.
Current Event
Pick a recent newspaper article (New York Times, Wall Street Journal, etc.) that focuses on your firm or industry. Describe the event and the issue for your firm. (summarize article by including, who, what, when, and where)
Describe the basic issue and background behind the event.
What economic principle(s) can be applied to the event or issue? Identify and briefly describe a specific principle that we have covered in one or more of the modules.
How does this event impact the future of the firm or industry? For instance, what do you think would be the future outlook for the firm?