Core Macroeconomics Assignment

Title Core Macroeconomics Assignment
Assignment type Coursework
Discipline Economics
Description Homework #1 – Chapters 1, 2, & 3 Instructions Please write your posting in Word document, I will send feedback for each of them and recommendations on writing economic issues to improve style. Very important: Check spelling and writing before posting. It has to be related in the textbook Core Macroeconomics 3rd Edition by Eric P. Chiang Homework #1 – Chapter 1 Why should one study Economics? What do we mean by Ceteris Paribus? Efficiency versus equity Principle #1 : Economics is concerned with making choices with limited resources. Which is the most important principle according to your knowledge. Homework #1 Chapter 2 Discuss Each Resources and Production. Is Entrepreneurship an education resource for economic Growth. Production possibilities Frontier: Explain it What do you mean for Economic Growth? Is it the most import issue in MacroEconomics? Is there any issue like Equality (or Fairness) Homework #1 Chapter 3 Markets: The price System Demand : Define demand curve, make a graph in a spreadsheet Determinants of Demand: How many. Explore if you find more determinants that Chiang, are there? How the demand curve changes if there is income is increased. Make a graph. Supply: Individual Supply curve. Make a graph Due Date Sep 7, 2016 11:00 AM