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Apply the concepts macroeconomic to INDIA GDP Inflation/Deflation Unemployment rate Savings rate Stage in business cycle (and justify why) Income distribution Overall Well-being (including information

Apply the concepts macroeconomic to INDIA

GDP

Inflation/Deflation

Unemployment rate

Savings rate

Stage in business cycle (and justify why)

Income distribution

Overall Well-being (including information from the Global Happiness indicator)

The biblical perspective on what role businesses play to ensure the wellbeing of the people in INDIA.

Analyse the economy of the U.S. and compare/contrast to that of INDIA.

Monetary policies in the last 2-3 years

Fiscal policies in the last 2-3 years

What are the current interest rates for business lending/borrowing?

INDIA's national debt (amount and as a % of GDP)

Does the INDIA have a surplus or deficit?

What issues do you foresee in the economy in INDIA given what you know so far?

Explain the link between microeconomics and macroeconomics and how it drives business decisions

What are recent international trade policies that would affect your MOBILE PHONES?

Does INDIA have a trade agreement with the U.S. that affects your MOBILE PHONES? If so, discuss.

Does the INDIA have a trade surplus or deficit relative to the U.S.?

What is the exchange rate between the U.S. and INDIA? Has there been appreciation or depreciation of the U.S. dollar relative to INDIA's currency?

As a manager, how does this affect your decision to expand into that INDIA? Will it affect your costs or ability to produce in INDIA?

Would you recommend your firm expand into INDIA? If so, would you produce the MOBILE PHONE abroad? Would you expand to sell the MOBILE PHONES to a new target market? If you don't think your firm should expand into INDIA, why?

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