What are the main differences between microeconomic

Assignment Help Business Economics
Reference no: EM13244116

You are asked to address a professional meeting and explain microeconomics, macroeconomics and their differences. Please answer the following questions:

  • What are the main differences between microeconomics and macroeconomics? Provide an example of a microeconomic and macroeconomic phenomenon.
  • Would you give an example of a microeconomic decision you've made at work or home? What factors contributed to making that decision?
  • Would you give an example of how a macroeconomic phenomenon has impacted a personal or business decision of yours? In the end, what was the result of your decision?

Write out the text of your speech with Abstract and conclusion

Reference no: EM13244116

Questions Cloud

What is the elecron current in the filament : The current in a 100 watt lightbulb is 0.85 A. The filament inside the bulb is 0.25 mm in diameter. What is the elecron current in the filament
How many nursing units it will hire : The following is a labor supply function: Wage per hour Quantity of Nurse Supplied $2 1 4 2 6 3 8 4 10 5 12 6 Nurses are used by the clinic to provide clinic visits.
Divide the loss for the two situations by the daily wage : The firm currently uses 50,000 workers to produce 200,000 units of output per day. The daily wage per worker is $80, and the price of the firm's output is $25. The cost of other variable inputs is $400,000 per day
What is its effective resistance : A small office building air conditioner operates on 250 V AC and consumes 3.88 kW, What is its effective resistance and How is energy related to power? Check units for consistency
What are the main differences between microeconomic : What are the main differences between microeconomics and macroeconomics? Provide an example of a microeconomic and macroeconomic phenomenon.
Find the stopping distance of the car : A car is traveling at 50.0 mi/h on a horizontal highway, What is the stopping distance when the surface is dry and µs = 0.601
Microeconomics is considered to be the study of scarce : Microeconomics is considered to be the study of scarce resources (Perloff, 2007). Here, consumers (both individuals and organizations) must make allocation decisions.
Two proposals have been made for state expenditures : A firm has the opportunity to invest in a project having an initial outlay of $20,000. Net cash inflows (before depreciation and taxes) are expected to be $5,000 per year for five years. The firm uses the straight-line depreciation method with a zero..
Calculate the magnitude of acceleration : A device known as Atwood\'s machine consists of two masses hanging from the ends of a vertical rope that passes over a pulley, calculate the magnitude of their acceleration, a, and the tension in the rope, T

Reviews

Write a Review

Business Economics Questions & Answers

  Courts invariably throw out cases like hers

a disgruntled college graduate sues her school on grounds that her tuition payments did not land her the good job she was expecting when she started there. Courts invariably throw out cases like hers.

  Can unrealistic assumptions provide useful outcomes

When do assumptions made in conjunction with economic theorizing have to be realistic. Can unrealistic assumptions provide useful outcomes.

  Explicate which among the policies

Explicate which among the policies is most effective and least effective for this nation.

  Elucidate how events such as the world trade center

Elucidate how events such as the World Trade Center and Pentagon attacks described in the case study affect the aggregate demand curve.

  Explain how will this affect the relationship

Suppose the government implements a policy that subsidizes business investment. Explain how will this affect the relationship between investment and the interest rate.

  Determined by the laws of supply and demand

If the United States and Russia were the only two countries engage in trade, what adjustments would you predict, assuming exchange rates are freely determined by the laws of supply and demand?

  What would the present discounted value of the project be

Now assume a 7% real discount rate. What would the present discounted value of the project be? Should the project still be approved under this discount rate?

  Client is intent on investing aggressively

As your client is intent on investing aggressively, you will want to include the "beta" associated with each instrument relative to the S&P 500 Index.

  Elucidate the effects on each individual component

In light of the externalities involved in the market for gasoline, how do the tax changes affect society's total welfare. Elucidate the effects on each individual component of total welfare.

  Impact of effective communications

Describe the impact of effective communications to the internal public's of the company. Utilize the communications procedure to make an effective internal public relations action plan.

  Discuss the change in the u.s. unemployment rate

discuss the change in the U.S. unemployment rate and inflation rate over the past year based on the Phillips curve concepts.

  Elucidate how economics does apply to this issue

Some people claim that the "economic way of thinking" does not apply to issues such as health care. Elucidate how economics does apply to this issue by developing a "model" of an individual's choice.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd