6.3 Assignment: Turnitin-Global Economic Crisis
Getting Started
A better understanding of the impact of the global economic crisis on the world’s financial systems can be achieved by applying all that you have learned about microeconomics and macroeconomics.
Upon successful completion of this assignment, you will be able to:
· Integrate your knowledge of macroeconomic and microeconomic theory.
· Assess the impact of the global economic crisis on American economic policy.
· Apply principles of macroeconomic and microeconomic theory to a business scenario.
Resources
· Video: PIMCO
Background Information
Use the full set of microeconomic and macroeconomic tools to completely analyze the impact of the global economic crisis on American economic policy.
Instructions
1. Review the rubric to make sure you understand the criteria for earning your grade.
2. View the video PIMCO in which they mention five key trends that will be affecting the post-COVID global economy.
3. Building on those five key trends and using your choice of company from Discussion 6.2, assess how well your company of choice is positioned to succeed (or fail!) given the context of these trends. You will complete a five-page paper expanding on the points you made in Discussion 6.2. Again, make sure you address the full range of economic issues, including scarcity, markets/competition, pricing power (price elasticity), costs, market structure, macroeconomic climate, and global market positioning, this time with an expanded view. You can achieve this by asking the questions, “Where are they in terms of scarcity, markets/competition, pricing power, costs, market structure, and the U.S. and global economies?" You should use at least three recent sources from OCLS or other recent, credible information. Make sure it is consistent with APA standards.
4. A minimum of five sources is required, at least three of which are scholarly.
5. Use proper spelling, grammar, and APA formatting for your analysis paper.
6. When you have completed your assignment, save a copy for yourself and submit a copy to your instructor (Turnitin-enabled) by the end of the workshop.
Access the Assignment submission page