Describe the economic theory or law and its current applications

Describe the economic theory or law and its current applications

Paper details * The subject matter of your Final Project will be of your choosing. The goal is to identify a unique application of macroeconomic theory to business profitability.write a 3-5 page paper (double spaced) detailing the theory, along with the relevant facts and details that support your subject matter. There should be a 3-part outline to your paper detailed below.

* Describe the economic theory or law and its current applications

* Describe a unique idea or scenario where this theory can be applied

* Describe how this unique idea can help a business of firm maximize profits.

Paper will be graded on understanding of the law, uniqueness and originality behind the idea, and the potential gains (profit maximization). Although the paper is out of 50 points, “Nash Papers” (i.e. truly original ideas with substantial potential gains) can earn extra-credit.

original ideas with substantial potential gains) can earn extra-credit.