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Mathematics & Economics
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Topic:
Macroeconomics. Reflection Paper (Unit III)
Essay Instructions:
Unit I-VIII Reflection Papers
The unit Reflection Papers are to be completed for each unit. In completing these assignments the university requires that you follow APA guidelines in preparing citations and references.
For each assignment, you are asked to prepare a Reflection Paper. After you finish the reading assignment for the unit, reflect on the concepts, and write about them. What do you understand completely? What did not quite make sense? The purpose of this assignment is to provide you with the opportunity to reflect on the material you finished reading and to expand upon those thoughts. If you are unclear about a concept, either read it again, or ask your professor about it. Can you apply the concepts toward your career? How?
This is not a summary. A Reflection Paper is an opportunity for you to express your thoughts about the material by writing about them.
The writing you submit must meet the following requirements:
- Be at least two pages in length
- Include your thoughts about the main topics
- How does it apply to your career? (I am a Masgter Sergeant in the United States Air Force and my job is Medical Administration i.e., medical records management, medical benefits, billing, and claims, and health information privacy)
- How does it apply to your personal life?
***Text Book***
Econ Macro 2 , Willaim A. McEachern (available via Cengage Learning)
Essay Sample Content Preview:
Macroeconomics
Name:
Institution:
Date:
In any economy there are various factors which affect day to day activities of an individual. If the national economy is at stake, the effects spill over to every citizen. Therefore, it is good to understand how the national economy behaves in order to adjust ones way of living to fit in the system. When there is fluctuation in the economy may it be at recession or expansion, one has to adjust to avoid economic shock.
As a medical administrator it is good to understand that in time of expansion price for commodities rise and therefore calls for prior budgeting as well as forecasting the economic trends. However, during recession the price of goods reduces. Despite this, a medical administrator cannot buy a lot of medicines as this may have an effect on the shelf life of the medicine. It is ...
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