Briefly describe at least five economic issues/ Managerial Economics
You will work on a course project in which you apply the concepts of this course to a real-world problem. You will be required to choose one issue (from the list below) and analyze it from an economic perspective.
Choose an economic topic from the following list, or choose your own, with your instructor’s approval:
The Great Recession of 2008
You must also list and briefly describe at least five economic issues from this course that apply to your topic. These issues may come from the list below or you may use others you’ve learned in this course:
Supply and demand
Market failure
Profit maximization
Knowledge economics
Gaining a competitive advantage through government interventio
Outlineis already done see attached
The Great Recession 2008
Introduction
Thesis statement
I. History and background of what leads to the recession
II. Market failure.
a. How the Market affect the failure of the recession of 2008
b. Prevention Strategy
c. Main components involved
III. Attainment of competitive advantage using government intervention
a. Interventions
b. The outcome
c. What if government doesn’t get involve.
IV. Knowledge economics
a. Ways that this knowledge could have helped prevent the depression
b. Assistance in the future
V. Profit maximization
a. How can it help businesses in the future?
VI. Supply and Demand
a. Assist from going into another recession
Conclusion
