Business Brief Final Paper – What best explains our current economy? (Country selected is Thailand)

Purpose
To assess your ability to to provide an explanation for slow economic growth in advanced economies.

Overview
Building upon prior discussions, summarize your conclusions about the causes of current slow economic growth in advanced economies.

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Action Items
Prepare to write the final paper by reviewing the following: (Country is Thailand)

Purpose
To assess your ability to to provide an explanation for slow economic growth in advanced economies. (Thailand )

Overview
Building upon prior discussions, summarize your conclusions about the causes of current slow economic growth in advanced economies.

Action Items
1. Fiscal Policy Chapter 12 (est.1/2 page)
– Identify the primary marginal variables used to determine fiscal multipliers?
– What determines the effectiveness of U.S. and your country’s (Thailand) fiscal multipliers?

2. Monetary Policy Chapter 13 (est. 1/2 page)
– What are primary monetary tools used by the Fed to expand or contract GDP?
– What determines the effectiveness of the U.S. and your country’s (Thailand) monetary policies?

3. AD and AS Chapter 14 (est.1/2 page)
– Describe AS and AD variables that have contributed to short term shifts in the U.S. and your chosen country (Thailand)
– Describe why LAS variables are important for long run real growth?

. International Trade Chapter 15 (est.1/2 page)
– Describe the variables that impact the U.S. and your country’s trade balance?
– Identify any potential importance of your country’s influence on the U.S. economy

5. Make use of the Summer’s article (Robert Gordon’s theory of supply-side headwinds)
(and one of the alternatives economic theories he mentions) to possibly explain the cause of the slow economic growth after 2008 in the U.S. and advanced economies (est.1/2 page)

All chapters previously read in Economics for Managers
The article by Summers used in weekly discussions
Weekly postings on the Discuss tool
Review Business Brief Guidelines and Critical Thinking Process.
Write a 2- to 3-page business brief summarizing your conclusions regarding slow economic growth in advanced economies.
Submit your assignment to Turnitin at least 48 hours prior to the due date. For more information, please refer to the About Turnitin object in the MBA Toolbox.
Read the Originality Report you receive from turnitin.com and make any modifications needed to your paper.

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