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Reflect on what’s happening in our country that affects or has a big impact in our economy in terms of our resources of production (land, labor, capital and entrepreneurship). Explain its Micro and Macro impact both positive and negative to our country.

TASK Applied economics  Reflect on what’s happening in our country that affects or has a big impact in our economy in terms of our resources of production (land, labor, capital and entrepreneurship). Explain its Micro and Macro impact both positive and negative to our country.

Explain the main arguments in the debate over the impact of globalization.

Management Understand what is meant by the term globalization. Recognize the main drivers of globalization. Describe the changing nature of the global economy. Explain the main arguments in the debate over the impact of globalization. Understand how the process of globalization is creating opportunities and challenges for management practice.

What has been the impact of the COVID-19 pandemic on the economy?

Macroeconomics 1 What has been the impact of the COVID-19 pandemic on the economy? Identify two specific ways that the COVID-19 pandemic shocked the economy at some point during the COVID-19 pandemic, applying your AD-AS model. The shock could have occurred at any point of the pandemic.

In other words, would exports from US to Japan and European countries increase or decrease? Would imports from Japan and European countries to US increase or decrease?

Task 1: Categorize the following groups of people by different types(structural, cyclical, or frictional) of unemployment and report it to the BLS (Bureau of Labor Statistics) in a month. The document you receive has the following information: “There are 330,000 people reside in Riverside. Among them, 40% of the population is civilian labor force. The […]

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