Analysis of news article in relation to macroeconomic concepts
This course is a basic first level economics that follows basic concepts. This paper is to be handed in as well as presented. Please make the paper interesting, that university students would be intrigued by. The point is to read the news article and apply macroeconomic concepts.
The text used for the course, if you need a better grasp on the level of economics this class contains (basic) : Parkin, M. and Bade, R. Macroeconomics:Canada in the Global Environment (with MyEconLab), 8th Edition. Pearson,Addison Wesley Publishers, 2012.
Please study the following case:
The assignment outline is as follows: Towards the end of the course, teams will be assigned a task that challenges you to analyze a complex situation using economic concepts learnt to that point in the course.You are asked to draw on news stories related to economic issues and to select one from which to develop a case analysis. Using the macroeconomic tools learned during the course, in teams, you will analyze the situation described in the news story. For example: (a ) how the high Canadian dollar impacts a particular business/industry; (b) how might the macroeconomic conditions that influence housing prices in the region impact an organization; or (c) what is sovereign debt and why is it proving important to businesses outside the country issuing the sovereign debt?
The professor provided us with a couple tips:
Identify some of the macroeconomic concepts and issues the news article covers. Then make a decision whether you will address all the issues or address some of them only. You donat need to address ALL the issues, but you will have to decide which issues are appropriate for the case and be able to justify the reason for addressing them. You will need to use some economic concepts to analysis the situation described in the news story.
The case study should be in a report format with proper section headings and appendices. For example, Introduction, a few headings related to the analysis, and conclusion.