How Does Our Economy Work? Microeconomics course.

Hello,

Here are the instructions for this assignment. Also, remember, I don’t need a cover page because it’s just a discussion post.

Watch the following video before completing this discussion activity.

Circular Flow Matrix – How the Economy Works – Econ 1.7 (YouTube – 4:56) (Links to an external site.)

Based on this module week’s summit session, what would you say is therole of firms in our macroeconomy? Do consumers indirectly and/ordirectly affect our macroeconomy? Discuss how microeconomics andmacroeconomics affect the flow of money within the Circular Flow Model.Do you think firms could operate without households? Describe how thesedisciplines relate to the Circular Flow Model.

Locate a recent article or event (published within the last year)that highlights your relevant microeconomic/macroeconomic topics. Usethe Hunt Library, newspapers, new stations, or other credible sources todiscuss how your topic aligns with microeconomics. Include thefollowing in your discussion:

• State the article or event you selected.
• Identify the microeconomic/macroeconomic concept(s).
• Describe your findings.
• Analyze the relevance to real-life applications.

Summarize your findings using at least 250 words and provide aminimum of one reference. Use current APA formatting to document yoursources.