Macro-economics Discussions
There are 5 Maco-economics discussions. Each one is going to have different due dates.
A. Brief explanation on each topic describing what it is and it’s connection to macro-economics
B. Then, provide your own examples for each Topic (each number listed on the discussion)
B. Note, Do not use Examples from the Book
(Use Real Life Examples)
(Do not repeat other students examples)
C. If other sources are used, Cite your references
Discussion 1 and 2: at 10PM
1. The role of scarcity
2. Specializations
3. Opportunity cost in economic decision-making
4. Cost/benefit analysis in economic decision-making
1. Identify the determinants of supply and demand
2. Demonstrate the impacts of shifts in both market Supply and Demand curves on equilibrium price and output
Discussion 3: Due at 10PM
1. Define and measure National Income
2. Define and measure rates of unemployment
3. Define and measure inflation
Discussion 4: Due at 10PM
1. The phases of the business cycle (what is happening in each phase)
2. The problems caused by cyclical fluctuations (in the market economy)
Discussion 5: Due at 10PM
1. Aggregate demand
2. Aggregate supply
3. Contrast Monetary Policy & Fiscal Policy (Recession)
4. Contrast Monetary Policy & Fiscal Policy (Expansion)
Please turn in your file via Word. If you have any questions or concerns, please feel free to message me. Thanks!
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