Explain economics principles and their applications in the real world

Economic Brief

Explain economic principles and their applications in the real world

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a. Define core economic concepts related to macroeconomics and microeconomics

b. Describe the role of goods and services in the economy

c. Discuss any economic growth factors that impact a specific industry

d. Use a diagram or graph to illustrate an economic trend

In the workplace, we are often asked to create “briefs.” A brief provides a snapshot, or short, written summary, of a situation or event that has occurred. It is generally just a few pages long and may include additional visuals like a graph, chart, or table. In this assignment, write a brief about economic concepts in the industry you selected.

2 page paper see attachments

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