How Does Our Economy Work? Microeconomics course.

Description

Hello,

Here are the instructions for this assignment. Also, remember, I don’t need a cover page because it’s just a discussion post.

Watch the following video before completing this discussion activity.

Circular Flow Matrix – How the Economy Works – Econ 1.7 (YouTube – 4:56) (Links to an external site.)

Based on this module week’s summit session, what would you say is the
role of firms in our macroeconomy? Do consumers indirectly and/or
directly affect our macroeconomy? Discuss how microeconomics and
macroeconomics affect the flow of money within the Circular Flow Model.
Do you think firms could operate without households? Describe how these
disciplines relate to the Circular Flow Model.

Locate a recent article or event (published within the last year)
that highlights your relevant microeconomic/macroeconomic topics. Use
the Hunt Library, newspapers, new stations, or other credible sources to
discuss how your topic aligns with microeconomics. Include the
following in your discussion:

  • State the article or event you selected.
  • Identify the microeconomic/macroeconomic concept(s).
  • Describe your findings.
  • Analyze the relevance to real-life applications.

Summarize your findings using at least 250 words and provide a
minimum of one reference. Use current APA formatting to document your
sources.

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