The Role of Firms in our Macroeconomy

Learning Goal: I’m working on a micro economics question and need guidance to help me learn.

Based on this module week’s summit session, what would you say is the role of firms in our macroeconomy? Do consumers indirectly and/or directly affect our macroeconomy? Consider how microeconomics and macroeconomics affect the flow of money within the Circular Flow Model. Do you think firms could operate without households? Consider how these disciplines relate to the Circular Flow Model.

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COMPLETE THE FOLLOWING:

Locate a recent article or event (published within the last year) that highlights your relevant microeconomic/macroeconomic topics. Use the Hunt Library, newspapers, new stations, or other credible sources to discover how your topic aligns with microeconomics.

THE FOLLOWING WILL BE COMPLETED IN OUR CLASS SESSION:

Consider the following for our in-class discussion:

  • State the article or event you selected.
  • Identify the microeconomic/macroeconomic concept(s).
  • Describe your findings.
  • Analyze the relevance to real-life applications.

In responding to your peers state:

  • Whether you agree or disagree with the findings and why
  • A probing question that facilitates further discussion of the topic

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