As human beings, our blood pressure, temperature, and blood tests can be taken to indicate how healthy we are at a particular point in time. In a similar way, economic indicators are used to evaluate the health and probable future of an economy.
There are many economic indicators which economists follow, but, as an entrepreneur, you only need to follow a few.
Read the following texts:
- In your learning journal blog, write a short reflection (200-250 words) on what you have learned about economic indicators. How important is it for you as an entrepreneur to be aware of these indicators? Why?
- Remember to tag or label your post using the course code: IENT103 (This is needed to harvest a link to your blog post in the course feed.)
As human beings, our blood pressure, temperature, and blood tests can be taken to indicate how healthy we are at a particular point in time. In a similar way, economic indicators are used to evaluate the health and probable future of an economy.
There are many economic indicators which economists follow, but, as an entrepreneur, you only need to follow a few.
Required reading
Read the following texts:
Reflection