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Micro and macro components of international economics

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Reference no: EM133185408

The goal of the International Economics course was to provide you with an introduction to both the micro and macro components of international economics. You learned about international economics through an introduction to core theories, policy analysis, and the institutional and historical context of international economic relations.

For this project, you will bring all of it together by researching, writing, and presenting the answers to the following questions:

1. Provide an overview of:

1. United States

Your overview should include information about economic reforms from a historical perspective. You will also provide recent data (no older than 2015) of economic growth rates.

2. What was the effect of the 2007/2008 fiscal crisis on the US?

3. Choose one state of the US and describe in detail its comparative advantage of one resource or product.

Include the following:

a) Impact on wages and jobs

b) Regional issues and impact of such issues

c) Internal economies of scale

d) External economies of scale

e) Policy

Predict what you think will happen with the US between now and 2030. Provide concrete examples of how you think the economy will develop. Use existing research to back up your predictions.

Reference no: EM133185408

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