ECO202 CASE, SLP and TD MODULE 5

Upon successful completion of this module, the student will be able to satisfy the following outcomes:

•Case ◦Identify the sources of economic growth.

◦Explore the role of government in GDP growth strategies.

•SLP ◦Identify a current event that has an effect on your firm.

•Discussion ◦Explain the per capita growth strategies in developing countries.

Module Overview

In this module, we examine the long-run implications of economic policy. It is important to determine the sources of economic growth. Labor productivity is a key factor. Economic concepts such as the law of diminishing returns will also be reviewed. Finally, government can impact economic growth through various policies of spending and taxation.