Describe the basic issue and background behind the event.

Business cycles: phases, indicators, measures, economic evolution, outlooks
Pick an recent newspaper article (New York Times, Wall Street Journal, etc.) that focuses on your firm or industry AT&T. Describe the event and the issue for your firm AT&T. (summarize article by including, who, what, when, and where)

2. Describe the basic issue and background behind the event.

3. What economic principle(s) can be applied to the event or issue? Identify and briefly describe a specific principle that we have covered in one or more of the modules: Discuss how your organization has, or should, adjust to macro- economic changes.

3. How does this event impact the future of the firm or industry AT&T? For instance, what do you think would be the future outlook for the firm?