Writting Assignment

Growth: Economic Analysis 

Preparation 

This assignment examines national economics, economic growth, and financial crisis. There are four parts to this assignment. Please be sure you have completed all four parts before submitting.

Requirements 

Part I 

Consider a nation in which the volume of goods and services is growing by 5 percent per year:

• Analyze the impact of the high rate of growth on the nation.  

o    Predict how the high rate of growth might affect the power and influence of the national government relative to other nations experiencing slower rates of growth. 

o Predict how the 5 percent growth might affect living standards in the nation.   How does economic growth affect population growth? 

        Will living standards necessarily grow by 5 percent, given population growth?

Part II 

• Use the concepts of gross investment and net investment to explain the differences between an economy that has a rising stock of capital and one that has a falling stock of capital. 

• Explain how it is impossible for gross investment to be less than zero, even though net investment can be positive, negative, or zero. What real-world examples can you provide?

Part III 

• Analyze the economic disparities among countries.  

o Explain why some countries are much poorer than other countries. 

o Based on what you know and have learned about macroeconomic principles, are poorer countries destined to always be poorer than wealthy countries?   If so, explain why.

If not, explain how poorer countries can catch up to or even surpass wealthy countries. 

Part IV 

• Explain how, in general, a financial crisis can lead to a recession. 

• Explain how, in general, a major new invention can lead to an economic expansion. Organize your assignment logically with appropriate headings and subheadings.

Additional Requirements 

• Include a title page and reference page. 

• Include 3-4 pages, not counting title page and reference page. 

• Use at least three scholarly or professional resources. 

• Use APA format for citations and references.

 • Set your assignment in Times New Roman, 12 pt., double spaced. 

Resources

 • Growth: Economic Analysis 2 Scoring Guide

Growth: Economic Analysis 2

Preparation

This assignment examines national economics, economic growth, and financial crisis.

There are four parts to this assignment. Please be sure you have completed all four parts

before submitting.

Requirements

Part I

Consider a nation in which the volume of goods and services is growing by 5 percent per

year:

• Analyze the impact of the high rate of growth on the

nation.

o Predict how the high rate of growth might affect the power and

influence of the national government relative to other nations

experiencing slower rates of growth.

o Predict how the 5 percent growth might affect living standards in the

nation.

How does economic growth affect population growth?

Will living standards necessarily grow by 5 percent, given population growth?

Part II

• Use the concepts of gross investment and net investment to explain the differences

between an economy that has a rising stock of capital and one that has a falling

stock of capital.

• Explain how it is impossible for gross investment to be less than zero, even though

net investment can be positive, negative, or zero. What real-world examples can

you provide?

Part III

• Analyze the economic disparities among countries.

o Explain why some countries are much poorer than other

countries.

o Based on what you know and have learned about macroeconomic

principles, are poorer countries destined to always be poorer than

wealthy countries?

If so, explain why.

If not, explain how poorer countries can catch up to or even surpass wealthy

countries.

Part IV

• Explain how, in general, a financial crisis can lead to a recession.

• Explain how, in general, a major new invention can lead to an economic

expansion.

Organize your assignment logically with appropriate headings and subheadings.

Additional Requirements

• Include a title page and reference page.

• Include 3-4 pages, not counting title page and reference page.

• Use at least three scholarly or professional resources.

• Use APA format for citations and references.

• Set your assignment in Times New Roman, 12 pt., double spaced.

Resources

• Growth: Economic Analysis 2 Scoring Guide.

Readings

Use your textbook to complete the following:

• Read Chapter 6, “An Introduction to Macroeconomics,” pages 135–147.

• Read Chapter 7, “Measuring Domestic Output and National Income,” pages 150–

168.

• Read Chapter 8, “Economic Growth,” pages 172–192.

• Read Chapter 9, “Business Cycles, Unemployment, and Inflation,” pages 195–214.

Use the Internet to complete the following:

View Economic Growth Easily Explained | Transcript.

Growth: Economic Analysis 2 Scoring Guide

Due Date: End of Unit 3.
Percentage of Course Grade: 5%.

CRITERIA NON-PERFORMANCE BASIC PROFICIENT DISTINGUISHED

Analyze the impact
of a high rate of
growth on a nation.
16%

Does not analyze
the impact of a high
rate of growth on a
nation.

Describes the impact of
a high rate of growth on
a nation.

Analyzes the
impact of a high
rate of growth on a
nation.

Analyzes the impact of a
high rate of growth on a
nation; includes an
examination of the
challenges the nation
will face due to the high
rate of growth.

Use the concepts of
gross investment
and net investment
to explain
differences in
specific economies.
16%

Does not use the
concepts of gross
investment and net
investment to
explain differences
in specific
economies.

Uses the concepts of
gross investment and
net investment to explain
differences in specific
economies, but the
explanation shows a
lack of clear
understanding of the
concepts.

Uses the concepts
of gross investment
and net investment
to explain
differences in
specific economies.

Uses the concepts of
gross investment and
net investment to
explain differences and
similarities in specific
economies.

Explain how it is
impossible for gross
investment to be
less than zero.
17%

Does not explain
how it is impossible
for gross investment
to be less than zero.

Explains how it is
impossible for gross
investment to be less
than zero but the
explanation is missing
key elements or is
unsupported.

Explains how it is
impossible for
gross investment to
be less than zero.

Explains how it is
impossible for gross
investment to be less
than zero. Supports
explanation with
relevant evidence
and/or real world
examples.

Analyze the
economic
discrepancies
between countries.
17%

Does not analyze
the economic
discrepancies
between countries.

Lists the economic
discrepancies between
countries.

Analyzes the
economic
discrepancies
between countries.

Analyzes the economic
discrepancies between
countries using relevant
macroeconomic theories
or models to support
analysis.

Explain how a
financial crisis can
lead to a recession.
17%

Does not explain
how a financial
crisis can lead to a
recession.

Explains how a financial
crisis can lead to a
recession but the
explanation is missing
key elements or is
unsupported.

Explains how a
financial crisis can
lead to a recession.

Explains how a financial
crisis can lead to a
recession and supports
with real world
examples.

Explain how a major
new invention can
lead to economic
expansion.
17%

Does not explain
how a major new
invention can lead
to economic
expansion.

Explains how a major
new invention can lead
to economic expansion
but the explanation is
missing key elements or
is unsupported.

Explains how a
major new
invention can lead
to economic
expansion.

Explains how a major
new invention can lead
to economic expansion
and supports with real
world examples.

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