Question Details

Assignment Name Unit 3 Individual Project MICRO AND MACRO ECONOMICS
Details  As an economist, you have been asked to write a letter to a meeting of international professionals to explain the differences between microeconomics and macroeconomics and to provide real-world examples. Please write a letter of 4-6 pages including, but not limited to the following:
 
•	the main differences between microeconomics and macroeconomics
•	an example of each phenomenon
•	a description of a microeconomic decision you made, and the factors that contributed to your decision
•	a description of a specific macroeconomic phenomenon or event and how it has impacted you  
Please submit your assignment.
For assistance with your assignment, please use your text, Web resources, and all course materials. Please refer to the following multimedia course material(s):
•	Unit 3: Individuals and microeconomic decisions
•	Unit 3: Societal Decisions
•	Unit 3: Economics of Agriculture Review 
Points Possible:	150
Date Due:	Sunday, Sep 12, 2010
Objective:	Apply a core of economic principles and reasoning to a variety of applied topics Match a core of economic principles and reasoning to a variety of applied topics 
Please use the following headings and section numbering in your IP assignment submission. This will help make feedback targeted and easier to refer to.
1.	Definition and  main differences between microeconomics and macroeconomics 
2.	An example of each phenomenon 
3.	Description of a microeconomic decision you made, and the factors that contributed to your decision 
4.	Description of a specific macroeconomic phenomenon or event and how it has impacted you
Deliverable Length:	4-6 pages



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