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Application Assignment

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Assignment topic:  Application Assignment
Format: APA
Number of pages: 1 page / 275 words

Each week of the course we will have an application assignment related to the material accompanying that week (the text, PowerPoint, application assignment, and quiz will all center around the same concepts and themes). All submissions must be typed and submitted in Blackboard as Word documents.

In each application assignment, you will be asked to provide two additional citations related to your selected industry. Use APA citations as you would in the listing of sources at the end of a paper. You should include at least one sentence that describes what the source deals with and at least one sentence that describes why you find it a useful source for research on the industry you will be working with. Please be specific in describing these; you may use more sentences if you like.

Download the following Word document and save the file using the criteria: Last Name_First Name_A4.doc. j

Follow the instructions provided in the document to complete this assignment. Please refer to the rubric for the requirements for each source.

Open the assignment and select Browse My Computer to attach your completed assignment as a Word document (.docx).

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Application Assignment 4 (ch. 10-11)
ECO 5023

Complete this assignment relating to the macroeconomy and the business cycle

 

Identify a prominent antitrust or government regulation issue in the industry you are using for your economic audit. Do not use international trade regulations here. They will be discussed later in the course.

  1. Respond to question 6 on page 270.
  2. Respond to problem 7 on page 271.
  3. Respond to question 1 on page 291.
  4. Respond to question 5 on page 291.
  5. Respond to question 7 on page 291.
  6. Respond to problem 3 on page 291.

 

Different industries are affected in different ways by the macroeconomic business cycle.   The following are questions regarding how to gauge how sensitive your industry is the business cycle.

 

Please state the industry that you are researching _____________________

 

  1. What are the impacts of the macroeconomic business cycle on demand in your industry? Is demand in your industry procyclical or countercyclical?    If demand in your industry is insensitive to the business cycle, explain why this is so? 
  1. What are any major impacts of the macroeconomic business cycle on supply for your industry – i.e. how might different phases of the business cycle impact your industry’s ability to acquire inputs such as labor, capital or materials? Explain. Note: Do not discuss responses to demand side changes but look for impacts that are independent of demand changes.

 

  1. Provide two annotated bibliography citations that relate to your industry. Each week you will be asked to provide two additional citations.  Use APA citations as you would in the listing of sources at the end of a paper. You should include at least one sentence that describes what the source deals with and at least one sentence that describes why you find it a useful source for research on the industry you will be working with.  Please be specific in describing these; you may use more sentences if you like.  Please refer to the Sources Rubric to see what the requirements are for the total set of sources (by the close of week six).

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