Traditional measurement of economic success

1) Give an example of the way traditional measurement of economic success fails to provide much advancement in living standards for people like Vansanthi (from noted Philosopher Martha Nussabums chapter on Capabilities approach) and in the U.S (from Economics Noble Prize winner, Angus Deaton’s piece beyond GDP).

 

 

2) What are some examples of alternative measurements that have developed as a result of noble prize winner Amartya Sen’s work.

 

 

The economies of South Africa and Vietnam.

 

. Compare the economies of South Africa and Vietnam. Both countries are known as “emerging markets.” Both have been emerging for a long time. This is an opportunity to see emerging markets in an objective manner. Identify the two greatest strengths and the two greatest weaknesses of each country’s economy. Give detail. Show that you can analyze a business problem.

Discuss the future prospects of each country as a business manager would evaluate them. How fast will their GDP’s grow? What percentage of people will live in poverty five years from now? In what business areas will they be regarded as leader?

New Selling of America

 

Please watch the “New Selling of America” http://video.thinktv.org/video/1434944712/
and then answer those questions.:
1.What are the key points about the evolution of sales as a profession discussed in the video?
2.How did the video influence you opinion of professional sales?

 

 

Economic Cartoon Analysis

 

 

 

 

Is there a phrase used, speech bubbles or title for the cartoon? What does it suggest?
Labels
Are any individuals, ideas or objects labelled? Who or what is identified?
Visual Distortion and Relative Size
Are figures drawn much larger or smaller than others to make a point or statement?
Shading
Has white space or dark shading been used to create an effect?
Composition
How have the figures or objects been arranged or located?
Signs and Symbols
Are objects used to represent something else? Are signs such as facial expressions, gestures, body position
and symbols used? What adjectives would you use to describe the emotions portrayed in the cartoon?
Stereotype or Caricature
Have distorted, oversimplified or exaggerated stereotypes been used? Or has a unique feature of a person
been highlighted in a caricature?
Issue
Describe the action taking place in the cartoon. What issue is this economic cartoon about?
Background
What information would someone need to know in order to understand or “get” this cartoon? What questions or
wonderings do you have about the cartoon?

 

 

 

 

 

 

Older adults living in poverty

 

Analyze a human rights issue that intersects with human rights and/or social, economic, and/or environmental
justice.
Conduct a review of the literature related to their social justice issue.
Synthesize and analyze relevant policies and legislation related to the identified issue.
Describe and analyze a vulnerable population affected by this human rights or social, economic, and/or
environmental justice issue.
Apply knowledge of human behavior and the social environment, person-in-environment, or other
multidisciplinary theoretical frameworks to the intersection of vulnerable population and identified social justice
issue.
Locate relevant, scholarly resources related to a specific topic.
Demonstrate ethical and professional decision making

 

Economists’ ignorance of how the economy works

Which one factor—(a) economists’ ignorance of how the economy works, (b) shorter time lags between policy implementation and the response of economic agents to policy changes, (c) inaccurate and incomplete statistics, (d) pressure from private lobbyists for government favors, or (e) the president’s desire to get reelected—would likely assist the federal government in achieving macroeconomic stability? Explain your answer.