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International Economics

INSTRUCTIONS:

Part 1: Your Word document should contain a cover page, a table of contents, and a reference page that includes most of the sources you used for writing this paper. Hint – you will need to do research based on the instructions and that is how you will know what sources to use and what your table of contents will contain. Part 2: Your Word document presents all your answers/analysis/recommendations/conclusion for the topic of this assignment. See detailed instructions below. The goal of the International Economics course was to provide you with an introduction to both the micro and macro components of international economics. 1. Choose one region and provide an overview; the regions are: a) BRIC countries or b) European Union or c) United States (Please write about this region) Your overview should include information about economic reforms from a historical perspective. You will also provide recent data (no older than 2015) of economic growth rates. Minimum word count: 400   2. What was the effect of the 2007/2008 fiscal crisis on your chosen region (BRIC, EU, US)? Minimum word count: 400  3. Your chosen region (BRIC, EU, US) describe in detail its comparative advantage of one resource or product. Minimum word count: 500 Include the following: a) Impact on wages and jobs b) Regional issues and impact of such issues c) Internal economies of scale d) External economies of scale e) Policy   4. Predict what you think will happen with your chosen region (BRIC, EU, US) between now and 2030. Provide concrete examples of how you think the economy will develop. Use existing research to back up your predictions. Minimum word count: 600   The total word count for this assignment is a minimum of 1600 words, which roughly translates into 5 pages. The page count does not include the cover page, the table of contents, the reference page, and any charts. Please follow APA guidelines!
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