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 dchasing 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.
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