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Norfolk State University Analyzing Macroeconomic Issues Unemployment Essay
- Select a macroeconomic issue, problem, or observation you would want to analyze. Topics can include inflation, unemployment, homelessness, GDP among others.
- Analyze your macroeconomic issue, problem or observation using the economic way of thinking. Below are possible approaches to analyze:
- Cost-benefit analysis
- Externalities and unintended consequences analysis
- Perverse incentives
- Recommendation- After an in-depth analysis, make detailed and valid recommendations using both economic theories and concepts as well as your own judgment to provide valid steps or actions that would address the issue, problem, or observation.
- Include at least 2 references from peer reviewed sources and a Biblical scripture that ties to the topic of your assignment.
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