Select an industry association, professional body (e.g., accountants), market segment (e.g., active seniors) or other group of readers of a hypothetical or actual organizational newsletter whose...

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  1. Select an industry association, professional body (e.g., accountants), market segment (e.g., active seniors) or other group of readers of a hypothetical or actual organizational newsletter whose members could benefit from knowing more about the economic environment of their particular industry, sector, or segment. Whether your newsletter
    is fact or fiction, use an
    actual
    organization and its main concerns to guide your choice of mesoeconomic concepts.

  2. In your article, identify and define--in lay terms--three mesoeconomic variables or indicators. Explain what they mean for the organization, specifically.



Answered Same DayDec 20, 2021

Answer To: Select an industry association, professional body (e.g., accountants), market segment (e.g., active...

Robert answered on Dec 20 2021
123 Votes
Economics is a subject where economic variables and factors play a vital role in the development
of a corporate association, body
of individuals or any other industry, whether internally or
externally. The factors of economics help to develop the society to a great extent where Micro
and Macro economic analysis can be considered the two branches of economic phenomenon.
Micro economics deals with individual economic units and variables whereas macro economics
deals with the functioning of the economy as a whole.
In this advanced modern world a concept or another field of economics known as „Meso-
economics‟ has been applied to various industries and organizations. Unlike microeconomics and
macroeconomics, Mesoeconomics is a new and a very debatable field in which those factors and
variables are characterized which fail to fit in the „micro‟ and „macro‟ category. In Ancient
Greek, micro means small, meso means middle and macro means large. “Unlike
macroeconomics (whole economy) and microeconomics (individual), mesoeconomics is a new
and debated field, supposed to characterize the items that fail to fit in either of the preceding
categories”. (http://finances.grandquebec.com/financial-and-accounting-
concepts/mesoeconomics/). Mesoeconomic variables are those variables which are...
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