Carlos Cruz’s Price Elasticity Scenario.

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Learning Team Assignment: Macroeconomic Research Paper

Purpose of Assignment

Students explain key macroeconomic concepts and relationships and apply them in the context of Puerto Rico.

Resources Required

University Library
Ch. 6–8, & 10–11 in Economics

Grading Guide

|Content |Points Available|Your Score |Additional | |60 Percent | |x/60 |Comments: | | |60 | | | |The paper performs the following functions. | | |  | | | | | | |Provides insight via a peer-reviewed article into macroeconomic changes in Puerto| | | | |Rico over time. | | | | |Explains the concept of GDP. | | | | |Compares measurement of GDP in Puerto Rico and in the United States. | | | | |Contrasts nominal GDP and real GDP during the period described by the chosen | | | | |article. | | | | |Analyzes GDP growth, business cycles, economic forecasts, and their relation to | | | | |the topic covered in the chosen article. |...
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