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Imagine the chief executive officer (CEO) of General Motors (GM) is concerned that members of the GM’s strategic planning committee are unfamiliar with basic economic principles. The CEO has assigned you the task of developing a 1050-word report to review those basic principles.
Your report should include an introduction and aconclusion. The messageThesis StatementsIntroductions and Conclusions
Use theboldedwords/phrases shown below as first-level headings for your paper. Your paper should discuss the:Roles of Economists. Explain the role of an economist as a scientist as well as a policymaker. Include at least one real-world example of an economist (a real person) and the role he or she plays.
The course text lists three problems inherent in the measuring changes in the cost of living – from your experience as a consumer provide a specific real-world example of one of those three problems.
Hints: Use the following chapters from Mankiw’sPrinciples of Macroeconomicsas your source of background information;
Resources:National Bureau of Economic Research