Students examine the long-run
determinants of both the level and the growth rate of real GDP per person and
the factors that determine the productivity of workers and what governments might
do to improve the productivity of their citizens. Students will learn how
saving and investment are coordinated by the loanable funds market and will see
the effects of taxes and government deficits on saving, investment, the
accumulation of capital, and ultimately, the growth rate of output. Students
will be introduced to tools that people use when they participate in financial
markets. Students will see how people compare different sums of money at
different points in time, how they manage risk, and how these concepts combine
to help determine the value of a financial asset, such as a share of stock.
Students will be introduced to the labor market and how economists measure the
performance of the labor market using unemployment statistics. Students will
address a number of sources of unemployment and some policies that the
government might use to lower certain types of unemployment.
Assignment
Steps
Resources:.nber.org/links/gov.html”>National
Bureau of Economic Research
Scenario: The organization’s strategic plan calls for an aggressive growth
plan, requiring investment in facilities and equipment, growth in productivity,
and labor over the next five years. It is your team’s task to determine where,
outside the United States, your organization should locate its new
manufacturing plant.
Writea 2.000 – word reportrecommending an off-shore
country and support your choice
with the following data:
·
The factors determining the
country’s productivity
·
How the country’s policies
influence its productivity growth
·
How the country’s financial
system is related to key macroeconomic variables
·
How
your organization can reduce the risk they would face in relocating
·
The
current and projected unemployment over the next five years
·
We
picked Philipines as a off shore contry
Cite a minimum of three peer-reviewed sources not
including your textbook.
Formatthe assignment consistent with APA guidelines.
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