To complete this assessment, you will create a report comprised of two parts. In Part 1, you will analyze how 2 major economic events influenced supply, demand, and economic equilibrium in the U.S. In Part 2, you will evaluate economists’ assessments of the role the 4 factors of production played in determining how the economic concentration you selected has evolved.
Assessment Directions
Imagine that you are a business consultant tasked with sharing the concepts below with a team of interns who will be supporting the research aspects tied to a new initiative requiring knowledge about how economic events impact economic activity and economic concentration. The use of charts and tables to illustrate data is highly encouraged to help the interns connect the dots.
Part 1: Economic Events & Activity Analysis
Write a 500- to 750-word analysis (Part 1 of your report) assessing how 2 of the following major economic events influenced supply, demand, and economic equilibrium in U.S. economic activity:
Cite at least 2 academically credible sources. The use of charts and tables to illustrate data is highly encouraged.
Part 2: Economic Concentration Evaluation
Select 1 of the economic concentrations (clusters) below:
Write a 700- to 1,050-word evaluation (Part 2 of your report) of economists’ assessments of the role the 4 factors of production played in determining how the economic concentration you selected has evolved. Complete the following in your evaluation:
Cite at least 2 academically credible sources. The use of charts and tables to illustrate data is highly encouraged.
Compile Parts 1 and 2 into one report.
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