Economic Decision-Making

Make a note of the types of questions that organizations can use economics to try and answer.  Look at your existing organization and analyze it to see how it uses the tools of economic analysis in make better decisions.  Your organization does not have to be your present workplace; it can be your church, school etc, but you need to be familiar with it and have access to someone within the organization that can help you with this assignment.

Write a paper that, answers the following questions:

What are the types of business questions which can be addressed with economic analysis and provide examples?

How does your existing organization use the tools of economic analysis?

Provide a detailed explanation for your evaluation that demonstrates clear, insightful critical thinking. Your paper should be 4 to 5 pages in length, include five academic sources that are properly cited, and is due by the end of the workshop. Be sure to follow all APA standards and to use correct spelling and grammar.

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