XECO 212 Week 9 Final Project A New House-Decision

Question 1

XECO 212 Week 9 Final Project A New House-Decision

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Resource: Appendix A

Review the final project criteria in Appendix A.

Write a 1,750- to 2,450-word word paper in APA format in which you decide whether to purchase a house.

o Discuss which principles of economics directly relate to your purchasing decision.

o Compare the marginal benefits and the marginal costs associated with your purchasing decision.

o Explain how the strength of the economy as a whole affected the marginal benefits and the marginal costs associated with that decision.

o Consider the roles of the domestic economy and international trade in your assessment of the strength of the economy.

o Determine what situations or conditions could have led you to make a different decision.

Assume for this project that purchasing a new home would be a major decision requiring a substantial financial outlay where the wrong decision would have long-term financial consequences.

Use 3-5 references to write your paper and be sure to include a list of APA-formatted references.

Answer 1

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