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Economic Impacts for Producers

This week’s case focused on the consumer side of economics. Producers must manage more constraintsintheirdecision-making.

Session Long Project 2 Resources

Producer Price Index

(PPI)

(2022)

Purchasing Power

(2022)

The Market System as an Efficient Mechanism for Information

(2022)

Business Spending: Recession Fears, Supply Chain Turmoil Roil Materials Costs in 2022

(2022)

The Budget and Economic Outlook: 2022 to 2032

(2022)

SLP ASSIGNMENT

Economic Constraints and the Producer

The Course Data File contains the Product for this assignment.

Research the product from an economic standpoint (include supply and demand, cost). Describe whathasbeenhappening in the product market over the last year. This section must be 1/2 page in length.

Next, discuss trends in the overall Producer Price Index (PPI). Using the two most recent monthly

ProducerPriceIndex Detailed Report

, create a graph or chart (not a table) using Excel that showschanges in theproduct’sINDEX over time (at least 4 months of data). Discuss the percentage changeover time. Provide abriefdescription of each visual.

How to Label Figures in APA Format

(ResearchRequired)

This section must be 1/2 page in length (not including Excel visual).

As a conclusion, analyze how producers reacted to price, demand, or supply changes. Explain itusingeconomicterminology. (Research Required). This section will be 1/2 page in length.

SLP 2 Assignment Guidance Files
BUS530 SLP 2 Assignment Video Guidance	BUS530 SLP 2 Assignment Guide

No quotations are permitted in this paper. Since you are engaging in research, be sure to

cite

and

referencethesources in APA format

. NOTE: Failure to use research with accompanying

citations

tosupport content willresultin reduced scoring “Level 2-Developing” across the grading rubric. This is aprofessional paper; not apersonalone based on feelings. It must be written in the third person; thismeans words like “I”, “we,” and “you”are notappropriate.

ASSIGNMENT EXPECTATIONS

Use the attached APA-formatted template (

BUS530 SLP2

) to create your submission.

• The template is set up in APA 7: double-spacing, font, margins, headings, page breaks, APA help links.

Your submission will include:

• Trident University International’s cover page
• A paper with APA citations (2- to 3-sentence introduction, body (includes Excel output), 2- to 3-sentenceconclusion)
• The reference list page in APA format
• Excel Spreadsheet. Grade will not be posted without Excel upload.