This essay focuses on the circular flow model or diagram. There is no other instruction than this. Based on this, I need to write and expository sample for an admission
a other question and need guidance to help me study.
I have provided the exact guidelines as it appear. There is no other instruction than this. Based on this, I need to write and expository sample for an admission. And, I have not done any research on interdisciplinary discipline
Firstly, Citation Style: APA 7th edition
Secondly, 15 pages / 4125 words (Double spacing)
Every Principles of Economics student learns that an economy grows. The near term through the use of additional labor, subject to the law. Diminishing returns, and over a longer horizon by adding more capital and technology. This set of insights is depicted using the circular flow model or diagram. After discussing this perspective an educator can ask if other disciplines have additional insights to offer on this topic. They should expect some students to indicate that natural scientists. Challenge this narrow, economic based, characterization of the productive process as incomplete and potentially misleading. This provides an opportunity for the instructor to introduce and model for students the integration of insights regarding economic growth from both economists and natural scientists.
For instance, Ecologists have argued for decades that the economy does not function separate from the natural world. They assert that there are ecological constraints or planetary boundaries that govern the economy and alter the conventional economic characterization of the link between inputs and output growth. They offer three insights that an interdisciplinary economics educator could integrate into their conventional analysis to produce an interdisciplinary exploration of economic growth. First, natural resources need to be included as an input to economic growth and must simultaneously be viewed a constraint on the process since they are not easily a
and integration of methods and analytical frameworks from more than one academic discipline to examine a theme, issue, question or topic. Interdisciplinary education makes use of disciplinary approaches to examine topics, but pushes beyond by: taking insights from a variety of relevant disciplines, synthesizing their contribution to understanding, and then integrating these ideas into a more complete, and hopefully coherent, framework of analysis.