MBA 723-01 (W18) Managerial Economics Final Paper

MBA 723-01 (W18) Managerial Economics Final Paper

Contrast/Compare the Current Economy of your Selected Country Austria with

Current Economy of Oman

Action Items:

1. Prepare to write the final paper by reviewing the following:
   1. All assigned chapters inEconomics for Managers
   2. Researching your selected country and reading articles about current economic events occurring in your selected country (Content)
   3. Data from CIA World Factbook and data from one other Library resource (see Library Resources Presentation posted on Course homepage). Minimum ten data points required. (Content)
   4. Analyze data and determine three “findings” between your assigned country and Oman (Analysis)
   5. Discussions in class with another group regarding findings about each other’s country (Analysis)
   6. Include applicable economic concepts (definitions) in Paper for economic topics discussed in Paper (Synthesis)
2. Review Business Brief Guidelinesand Critical Thinking Process.
3. Write a 2- to 3-page business brief presenting your three “findings” comparing the economy of your selected country to the economy of Oman.
4. Submit your paper tocom.  Your professor will provide the necessary access information, so you can upload your paper to the class assignment site.
5. Read the Originality Report you receive from turnitin.com and make any modifications needed to your paper.

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MBA 723-01 (W18) Managerial Economics Final Paper

Grading Criteria: 0 – 150 points

• Content: All of the requirements are met in the assignment; main ideas are addressed; content is correct and of high quality: 0 – 50 points
• Analysis/Synthesis: The information is understood and integrated well. It synthesizes relevant information and materials to provide evidence of critical thought: 0 – 75 points
• Mechanics: Follows APA guidelines and correct grammar, sentence structure, and word choice was used. The brief paper is free of typographical and spelling errors: 0 – 25 points
• MBA 723-01 (W18) Managerial Economics Final Paper

One Suggested Outline:

1. Provide relevant background on your country (leverage Bus Brief #4) and contrast/compare with economy of Oman (Analysis).
2. Provide a minimum of ten economic data points for both your country and Oman
   1. Utilize one Franklin University Library resource as well as CIA World Factbook for these data points
   2. Include a table in Final Paper of these data points

3. Provide economic definitions for appropriate economic terms/topics used in your Paper (leverage Bus Brief #4) (Synthesis) Select one of the other economist’s theories quoted in the article regarding the reasons for slow economic growth in advanced economies. Explain this theory.
   1. You can also include Rogoff’s debt overhang or Bernanke’s savings glut economic theory if applicable for your country.
   2. Utilize all assigned chapters of textbook
   3. “Shift of the AD curve” from Week 5

MBA 723-01 (W18) Managerial Economics Final Paper

4. Present three “findings” (lessons learned / situations to avoid / notable/interesting comparisons) between your country and Oman. (Analysis/Synthesis) (This should be the largest section of Paper.)
   1. Requires Research to be conducted of your country compared to Oman.
   2. Requires collection of relevant data for the two countries
   3. Requires reading the research, synthesizing the information, combine with economic theory, analyze the data, reflect on which three lessons to present.
   4. This is the key area to demonstrate analytical skills
   5. Utilize creativity in presenting the data using charts, graphs, comparison of the statistics from the two countries.
      1. E.g. graphs of data from the two countries for multiple years
      2. Pie charts of components of economy of various sectors

MBA 723-01 (W18) Managerial Economics Final Paper

• Bar charts of data

1. Etc.
2. Conclusion /Summary (Very Short)
   1. Summarize your findings on your comparisons between the economies of the two countries.

Also, be sure to:

• Include economic concepts from the textbook/course.
• Include at least 4 references; including: textbook, CIA World Factbook, Franklin University Library Resource, plus one, or more, other article(s) on the topic.
• 2 – 3 page Business Brief, so word count of 1,000 to 1,500 is expected
  • Word count of 1,700 to 1,800 to 2,00 fine (one student had 12 references)
  • Graphs are excellent to include, supporting the point you are making

MBA 723-01 (W18) Managerial Economics Final Paper

Alternative Suggested Outline:

(combining 1 & 2 from above into #1, and combining 3 & 4 from above into #2)

1. Provide summary comparison of your country’s economy (leverage Bus Brief #4) versus Oman’s economy (Analysis).
2. Provide a minimum of ten economic data points
3. Include a table in Final Paper of these data points
4. Utilize one Franklin University Library resource as well as CIA World Factbook for these data points

MBA 723-01 (W18) Managerial Economics Final Paper

2. Present three “findings” (lessons learned / situations to avoid / notable/interesting comparisons) between your country and Oman. (Analysis/Synthesis) (This should be the largest section of Paper.) Incorporate appropriate Economic Concepts (definitions) where you are discussing this economic concept in Paper.
   1. Requires Research to be conducted of your country compared to Oman.
   2. Requires collection of relevant data for the two countries
   3. Requires reading the research, synthesizing the information, combine with economic theory, analyze the data, reflect on which three lessons to present.
   4. This is the key area to demonstrate analytical skills
   5. Utilize creativity in presenting the data using charts, graphs, comparison of the statistics from the two countries.
      1. E.g. graphs of data from the two countries for multiple years
      2. Pie charts of components of economy of various sectors

• Bar charts of data

1. Etc.

1. Incorporate Economic Theory as it is discussed when presenting the three “findings”

3. Conclusion /Summary (Very Short)
   1. Summarize your findings on your comparisons between the economies of the two countries.

MBA 723-01 (W18) Managerial Economics Final Paper

Also, be sure to:

• Include economic concepts from the textbook/course.
• Include at least 4 references; including: textbook, CIA World Factbook, Franklin University Library Resource, plus one, or more, other article(s) on the topic.
• 2 – 3 page Business Brief, so word count of 1,000 to 1,500 is expected
  • Word count of 1,700 to 1,800 to 2,00 fine (one student had 12 references)
  • Graphs are excellent to include, supporting the point you are making

MBA 723-01 (W18) Managerial Economics Final Paper