Category: Economics

the book is open stax and make this perfect and use Chicago style and follow the syllabus and make good

The primary objective of this report is to apply the concepts and definitions acquired during the

Fundamentals of Economics course to systematically analyses real-world economic issues with

CHATGPT. It is essential to avoid plagiarism or reproducing content from other authors without

proper attribution in the reference section. Let us aim for simplicity and clarity in presenting our

ideas and arguments throughout this report.

Guidelines

1. The final report must be written individually. Each student is required to submit a report

of up to 12 pages, formatted on A4 paper, using Times New Roman, font size 12, and 1.5

line spacing.

2. 3. Reports should not exceed 12 pages in total. The same formatting requirements apply.

The final report should be organized into the following sections:

a. Cover, Abstract, and Introduction (2 points)

b. Explanation of how ChatGPT works and its possible applications in economics (25

points)

c. Analysis of secondary data with ChatGPT (including the use of tables and figures) (40

points)

d. Using ChatGPT to learn basic economic indicators (20 points)

e. Recommendations and solutions (10 points)

f. References (3 points)

4. 5. The report must be submitted in PDF format.

Duplicated reports will not be accepted.

All documents will be scanned and evaluated to prevent intellectual piracy and misconduct.

This essay is about the Gordon Rule 1: Adam Smith. You will write about and address two things about the topic. This summary is to be in your own words and on your own opinion. This is to be written in MLA format and a 600 word maximum.

This essay is about the Gordon Rule 1: Adam Smith. You will write about and address two things about the topic. This summary is to be in your own words and on your own opinion. This is to be written in MLA format and a 600 word maximum.

all info is in pictures

Read the Organizing for Economic Development Case Study and discuss Wood County. What is the situation? How can this dissension be overcome and make the project a success? You want to develop an internal marketing committee. How can you engineer this committee to best benefit your success? What are some of their goals and how can they accomplish them to success? Any insights from the course readings/recordings to support your recommendations?

What is fiscal policy? What are the tools of fiscal policy? Discuss the impact of expansionary fiscal policy and specifically the fiscal policies used during the Great Recession of 2008-2009 on operation of business operation. Have we seen other significant fiscal policies enacted even more recently than 2008-9?

Submit your initial post by midnight, Day 3. Please respond to two of your classmates’ posts by midnight, Day 7.

Rubrics

• BSB Discussion Board Rubric

reply to:

Week 5

Contains unread posts

caleb Crumb` posted Feb 3, 2026 9:32 AM

Good morning,

Fiscal policy refers to how the government uses spending and taxation to influence overall economic activity and maintain economic stability. By adjusting government spending and tax policies, the government can affect employment, consumer demand, and economic growth. The main tools of fiscal policy include government spending programs, tax cuts, and tax increases, which are used differently depending on economic conditions. Expansionary fiscal policy is typically implemented during economic downturns or recessions and aims to stimulate growth by increasing government spending, lowering taxes, or both. These actions help put more money into the economy, encouraging consumers to spend and businesses to invest, which can lead to job creation and increased economic activity.

During the Great Recession of 20082009, the U.S. government used expansionary fiscal policy through the American Recovery and Reinvestment Act, which provided stimulus funding, tax rebates, and large investments in infrastructure to support businesses and reduce unemployment. These measures were intended to stabilize the economy and promote recovery during a period of severe financial crisis. More recently, during the COVID-19 pandemic, expansionary fiscal policies such as stimulus checks, enhanced unemployment benefits, and the Paycheck Protection Program helped sustain consumer demand and allowed many businesses to remain operational despite widespread shutdowns. Together, these examples show how fiscal policy can play a crucial role in supporting economic recovery during times of crisis.

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W5: Impact of expansionary fiscal policy on business environment (Mitchell Suh)

Contains unread posts

Mitchell Suh posted Feb 2, 2026 4:12 AM

Fiscal policy is the governments use of spending and taxes to influence the economy. The main tools of fiscal policy include government spending, tax cuts or increases, and transfer payments such as unemployment benefits.

Expansionary fiscal policy is used during recessions to help stimulate economic activity. It works by increasing government spending or lowering taxes to boost demand. During the Great Recession of 20082009, the U.S. government used expansionary fiscal policy through the American Recovery and Reinvestment Act. This policy increased spending on infrastructure projects, provided tax relief, and expanded unemployment benefits. These actions helped businesses by increasing consumer spending and reducing the severity of job losses, even though many firms still faced financial challenges.

More recently, expansionary fiscal policy was used during the COVID-19 pandemic. The government issued stimulus checks, expanded unemployment benefits, and created programs like the Paycheck Protection Program to support businesses. These policies helped many companies stay open and keep employees during a difficult economic period.

Overall, expansionary fiscal policy helps support businesses by stabilizing demand and encouraging economic recovery during downturns.

What is fiscal policy? What are the tools of fiscal policy? Discuss the impact of expansionary fiscal policy and specifically the fiscal policies used during the Great Recession of 2008-2009 on operation of business operation. Have we seen other significant fiscal policies enacted even more recently than 2008-9?

Submit your initial post by midnight, Day 3. Please respond to two of your classmates’ posts by midnight, Day 7.

Rubrics

• BSB Discussion Board Rubric

reply to:

WK5: Wilfredo Mendez

Contains unread posts

Wilfredo Mendez posted Feb 3, 2026 10:01 PM

Fiscal policy is the use of government spending and taxation to influence economic activity. It is a major macroeconomic tool used to stabilize the economy, especially during recessions. Fiscal policy is determined by the federal government and works by affecting aggregate demand.

The main tools of fiscal policy are government spending and taxation. Government spending includes investments in infrastructure, education, and social programs, while taxation involves adjusting tax rates or providing tax credits to influence consumer and business behavior. When the economy is weak, the government may use expansionary fiscal policy by increasing spending or cutting taxes to stimulate growth.

Expansionary fiscal policy can positively affect business operations by increasing consumer demand and improving business revenues. As demand rises, firms may increase production, hire more workers, or invest in new capital. Tax reductions and government support programs can also improve cash flow, helping businesses remain stable during economic downturns.

During the Great Recession of 20082009, the U.S. government enacted expansionary fiscal measures such as the American Recovery and Reinvestment Act (ARRA), which included infrastructure spending, tax relief, and aid to state and local governments. These policies helped stabilize demand and reduce business failures. More recently, large-scale fiscal policies were implemented during the COVID-19 pandemic, including stimulus payments and business support programs, which further demonstrate the continued importance of fiscal policy in supporting economic recovery.

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Week 5 – Morgan

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Christian Morgan posted Feb 2, 2026 5:38 AM

Fiscal policy is essentially the governments way of steering the economy by adjusting how much it spends and how much it collects in taxes. Think of it as the federal budget acting as a lever to either speed up or slow down economic growth. The primary tools at their disposal are direct government spending on things like infrastructure, changes to tax rates for individuals and corporations, and transfer payments like social security or unemployment checks. When the economy hits a wall, the government usually turns to expansionary fiscal policy. The goal here is to put more money into the hands of consumers and businesses to jumpstart demand. For a business owner, this usually means seeing more customers at the door or having more cash on hand through tax breaks to keep the lights on and the payroll met. We saw a massive application of this during the Great Recession of 20082009. The American Recovery and Reinvestment Act was a huge deal for businesses because it didn’t just give out tax credits; it funded massive public works projects. This created a trickle-down effect where construction firms, suppliers, and service providers stayed busy while the rest of the market was stalling. It wasn’t a perfect fix, but it provided a floor that prevented many companies from falling into total insolvency. Of course, the most recent and perhaps most aggressive example happened during the COVID-19 pandemic. The scale was much larger than in 2008. Programs like the Paycheck Protection Program were a unique form of fiscal policy because they gave forgivable loans directly to businesses to keep people employed. Combined with the stimulus checks sent to households, it created a massive surge in liquidity that helped businesses survive a period where they were literally forced to close their doors.

NDIVIDUAL PROJECT DUE: 26. 02.2026 (by 18:00)

Individual Project:

Research Report

You are required to work on a Research Report about the importance of business communication skills in the workplace. Particularly, you are required to interview a successful professional in an area of business youre interested in, to find out how he/she feels about the importance of communication skills in the workplace.

While creating your interview questions you may draw on topics we discussed during the course. Below are some suggestions:

• The importance of skillful communication
• The role of communication in business
• Necessary soft skills in the workplace (i.e. communication, teamwork, problem-solving, emotional intelligence etc.)
• Written and oral communication skills
• Professionalism/business etiquette
• Diversity in the workplace

You Research Report must include:Abstract

A summary of the research report (prior research and selected research results – max 150 words)

Introduction

• Introduction to the problem / Presentation of the situation
• Main purpose of the study
• Research questions

Literature review

Analysis of 3-5 academic articles which discuss the importance of business communication skills in the workplace providing an analysis, evaluation, comparison, contrast among authors ideas.

Method (Interview)

Method of data collection (interview), characteristics of the interviewee and interview design (interview questions)

Discussion of Results

Analysis and discussion of the collected data in relation to the purpose of the study.

Conclusions

This part must discuss the main conclusions of the report.

References

A complete list of all sources referred to in the research project

Presentation

On Thursday, the 19th of February, each student will have the opportunity to present his/her project. The duration of each presentation will be 20 minutes, followed by a question and answer session.

While preparing/practicing your presentations, you may draw on the discussion we had about Delivering Business Presentations and Speeches.

GuidelinesIntroduction:

• Do I use attention-getter in our introduction?
• Do I motivate the audience to listen?
• Do I explain the purpose of the presentation?

Organization:

• Do I include significant facts clear to the audience?
• Are my points connected with good transition?

Supporting materials:

• Do I use a variety of supports to keep attention?
• Are my visual aids large enough to be viewed by the audience?
• Do the visual aids clarify all the points in the presentation?

Conclusion:

• Do I summarize the points discussed in the main presentation?
• Do I make an impact on the presentation?

Delivery:

• Do I read through my notes or do I use them as backup?
• Do I use appropriate gestures?
• Do I speak loud enough?
• Am I within the time limits? (no less no more!!!)

Notes:

• The individual project should be 12-15 pages (excluding references)
• It should be typed [1.5-spaced, Font type: Times New Roman, Font size: 12].
• Each page should have a page number, e.g. Page 1 of 2.
• Plagiarism and/or reproduction of someone elses work as your own will be penalized.

200 words answer question in picture all info in file