BUSINESS CYCLES: PHASES, INDICATORS, MEASURES, ECONOMIC EVOLUTION, OUTLOOKS

In this course, we have covered several important concepts such as GDP, unemployment, monetary and fiscal policy. For our final module apply these concepts to your responses below.

Questions

1. Pick an recent current event from a newspaper article (New York Times, Wall Street Journal, etc.) that focuses on Dell Inc. Describe the event and how the issue impacts Dell Inc. (summarize article by including, who, what, when, and where)

2. Describe the basic issue and background behind the event.

3. What economic principle(s) can be applied to the event or issue? Identify and briefly describe a specific principle that we have covered in one or more of the modules (GDP, unemployment, monetary and fiscal policy).

4. How does this event impact the future of Dell Inc. or their industry? For instance, what do you think would be the future outlook for Dell Inc.