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Scenario: Your organization's CEO is concerned that members
of the strategic planning committee are not familiar with current
economic thought and principles. The CEO has assigned you the
task of developing a report to introduce some of these thoughts
and principles.
Develop a 1,050-word report to the members of the strategic
planning committee explaining the following information:
How economists are both scientists and policymakers and what
principles society uses to allocate its scarce resources.
Using the circular flow model, explain the flow of money and
goods in an economy.
How the economy coordinates society's independent economic
actors.
A country's gross domestic product (GDP) and how it is defined
and calculated.
How the consumer price index (CPI) is constructed and why it
is an imperfect measurement of the cost of living.
Format the assignment consistent with APA guidelines

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Scenario Your organizations CEO is concerned that members of the s.docx

  • 1. Scenario: Your organization's CEO is concerned that members of the strategic planning committee are not familiar with current economic thought and principles. The CEO has assigned you the task of developing a report to introduce some of these thoughts and principles. Develop a 1,050-word report to the members of the strategic planning committee explaining the following information: How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources. Using the circular flow model, explain the flow of money and goods in an economy. How the economy coordinates society's independent economic actors. A country's gross domestic product (GDP) and how it is defined and calculated. How the consumer price index (CPI) is constructed and why it is an imperfect measurement of the cost of living. Format the assignment consistent with APA guidelines