Create a SWOT analysis of the location you have chosen for your Case Study Project. A SWOT analysis is an assessment of the strengths, weaknesses, opportunities, and threats facing this city/town. Feel free to look up examples of SWOT analyses online to help you with this project. This analysis will become a part of your final project, so it would be wise to heavily invest in the process of creating this SWOT. In your bibliography, be sure to include any resources that you found helpful in explaining the SWOT analysis. This may help your peers who are struggling with creating their own SWOT analysis, and it will help you all as you approach the final stage in your case study project.

Deficit Spending

During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections. On the other hand, with the rise in unemployment, spending on safety net programs rise. So, there are not too many good options available to resort the health of the national economy. It will be very difficult to defend cuts in the federal government programs and especially the programs geared to sustain the minimum of the standard of living for the recent “poor.” So, government needs to increase its borrowing. Deficit spending refers to government spending exceeding what it brings in federal income and corporate taxes during a certain period. Deficit spending hence increases government debt. Most economists accept that deficit spending is desirable and necessary as part of countercyclical fiscal policy. In such a case, government increases its borrowing and hence its deficit to compensate for the shortfall in aggregate demand. This is derived from Keynesian economics, and has been the mainstream economics view. Following John Maynard Keynes, many economists recommend deficit spending to moderate or end a recession, especially a severe one. When the economy has high unemployment, an increase in government purchases creates a market for business output, creating income and encouraging increases in consumer spending, which creates further increases in the demand for business output. (This is the multiplier effect). This raises the real gross domestic product (GDP) and the level of employment and lowers the unemployment rate. Government borrowing under such circumstances increases the demand for borrowing and thus pushes interest rates up. Rising interest rates can “crowd out” (discourage) fixed private investment spending, canceling out some of the demand stimulus arising from the deficit
Write an essay analyzing the advantages and disadvantages of deficit spending and the effects of federal government borrowing on the economy i.e., the “crowding out” effect.
Complete this essay in a Microsoft Word document, and in APA format. Note your submission will automatically be submitted through “TurnItIn” for plagiarism review. Please note that a minimum of 700 words for your essay is required.

Your paper should be structured as follows

1. Cover page with a running head
2. Introduction: What is deficit spending and how does it work.
2.1. Advantages
2.2. Disadvantages
3. Crowding-out Effect
4. Conclusions: Do you believe that deficit spending helps or hinders short-term and long-term economic growth?
5. References

Try as we may, whether economies have markets that are laissez faire, loosely or tightly regulated, or
whether the government is the major decision maker, markets do fail. That is, they fail to register the
appropriate/proper/efficient prices and quantities in the marketplace. Costs and/or benefits may, in
some markets, spill over onto people outside of the market transactions thus, the externality. Some
are positive (my neighbor who lives to the left of me, has a flower garden that improves my quality of
life and hes done all the work) and some are negative (my neighbor to the right of me lowers the
quality of my life with the two broken down cars he keeps on his front lawn). Noting what has been
mentioned above, take a positive externality or a negative externality and explore it in detail. Examine
the role of social costs and benefits, private costs and benefits, what role, if any, can the government or
even the private sector play in correcting the externality, is there a free rider problem associated with it
and can it be corrected? As we attempt to correct for the externality what additional tradeoffs may the
private and/or pubic sectors make? You should use graphs to help reinforce and bolster your argument.

Chapters 3 & 4
book:
Economics for Managers, 3rd Edition
ISBN: 9780133561128
By: Paul G. Farnham

This week we will be discussing demand elasticity and the impact of consumer behavior on demand.

1)Part 1
Demand elasticity is actually a quantitative measurement designed to show percentage changes in quantity demands by consumers.  Elasticity is measured in terms of product prices, consumer income, prices of other goods and services, and several other variables. Elasticity, then, is a measure of the responsiveness to the changes in these variables.

Select a product that is marketed in the U.S. that has shown significant movements in consumer demand elasticity. Identify the reasons for the movements and explain how the elasticity has affected managements ability to control pricing.
Economists and management use data from market research and consumers to analyze the economic factors that influence demand for different products. In an effort to understand consumer behavior and demand companies use one or more non-statistical methods:

1.expert opinion;
2.consumer surveys;
3.test marketing and price experiments;
4.analysis of census and historical data; and
5.unconventional methods.
For the second part of this weeks discussion complete the following task

2)Part 2
Select one of the five non-statistical methods, briefly define the method, explain the value in analyzing consumer behavior and demand, and then provide an actual example.

The assignment requires us to extract info from fred data base on the 4 US recessions from 1990 to 2020. I already got the numbers and pasted them in the excel file attached. Also , I already did the recession graphs with the numbers from the fred database (Recessions are highlighted in gray in graphs). However , the draft attached is a previous order where the writer used numbers from other sources which is unacceptable. I am attaching the file for you to follow the structure only.
Ex.
History:
Consumption:
Federal Debt:
etc…

Summarize the graphs into a report and insert ALL the graphs if possible. Please design the word document and submit it as a professional and neat looking report .

a) Read the NY Times article (attached or this link: http://www.nytimes.com/2012/01/01/business/from-6-economists-6-ways-to-face-2012-economic-view.html

 (Links to an external site.)).
b) Write a report (clearly typed in a MS-Word file using MS-Word). Your report should be broken into two sections:

    Section 1: Summary of the article (first paragraph): Tell me what the article is about and what major points the author is making, and his/her conclusions in a paragraph (5-6 sentences long at the most). Do not copy/paste excerpts from the article. Summary should be in your own words and should be based on your understanding of the issue covered in the article.

Section 2: Your thoughts on the article (at the most two paragraphs long): Critically evaluate author’s findings. For example, tell me why you agree or disagree with the author or his/her points, by supporting your own points by giving examples, or by providing convincing evidence for your points. You could also highlight the shortcomings of the article. (e.g., Do you share or do not share any of the economists’ point of view outlined in the NY Times article? Why? Why not?).