BUS 305 Module 1

4/2/18, 11:23 PMSLP - BUS305 Competitive Analysis and Business Cycles (2018MAR26FT-1)

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Table of Contents Module 1: Opportunity Costs SLP

SLP

Module 1 - SLP

OPPORTUNITY COSTS

In this Session Long Project, you will follow one firm of your choice for the entire session. You will analyze how this firm makes economic decisions as well as how events in the economy affect the firm. Please choose ONE Fortune 500 firm from the following list (feel free to use ANY firm, it does not have to be in the top 10):

Fortune 500

After choosing one firm, address the following questions in a 3- to 4-page essay:

1. What is the organization you are going to use? Why do you think it will be an interesting focus for your economic analysis?

2. What are positive and normative statements? Describe the difference between these two types of statements in your own words. Write at least ONE positive and ONE normative statement about your firm.

3. Find any current event/article regarding your firm from an online resource (nytimes.com, online.wsj.com, etc). Be sure to reference this article in your paper. Summarize the issue and how it relates to at least ONE of this module’s economic concepts (opportunity cost, scarcity, factors of production, diminishing returns, spillover principle, etc.)

SLP Assignment Expectations

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4/2/18, 11:23 PMSLP - BUS305 Competitive Analysis and Business Cycles (2018MAR26FT-1)

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SLP Assignment Expectations

Use concepts from the modular background readings, as well as any good- quality resources you find from the Trident online library or other Internet search engines. Be sure to cite all sources within the text and provide a reference list at the end of the paper.

Length: 3-4 pages, double-spaced and typed.

The following items will be assessed:

Your ability to perform an economic analysis of a firm of your own choice.

Some in-text references to the modular background materials (APA formatting not required).

The essay should address each element of the assignment. Remember to support your answers with solid references.

Upload your paper to the SLP 1 Dropbox when it is completed.

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