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The Super Bowl celebrated its 48th game this year. During this time, many groups, families and friends consumed various products. The Economics of the Super Bowl has many aspects from selling t-shirts to HDTVs. Does the Super Bowl predict economic growth? The basic question for this discussion is: What are the economic impacts of the Super Bowl to the economy? The Super Bowl has many layers of macro-and- microeconomic activity; from the location in New Jersey/New York area to its very wide viewing and advertising on game day. Also, consider the underground economy, such as betting and gambling. Examine an economic issue(s) that interests you most and describe the economic relationships. I look forward to reading your responses. To receive credit, you will need to complete a minimum of 3 postings of 150 words each

Date Posted: 23/05/2014
Category: Economics
Due Date: 24/05/2014
Instruction
The Super Bowl celebrated its 48th game this year. During this time, many groups, families and friends consumed various products.

The Economics of the Super Bowl has many aspects from selling t-shirts to HDTVs. Does the Super Bowl predict economic growth? The basic question for this discussion is: What are the economic impacts of the Super Bowl to the economy? The Super Bowl has many layers of macro-and- microeconomic activity; from the location in New Jersey/New York area to its very wide viewing and advertising on game day.



Also, consider the underground economy, such as betting and gambling. Examine an economic issue(s) that interests you most and describe the economic relationships.


Discussion will require 3 separate postings (min 150 words) to receive credit. Follow the guidelines below: 1) For the first discussion posting, find an article, video, website, online news, etc., from reputable sources, that relates to the topic questions in the Discussion. Your discussion content should address the economics importance/significance/ impact of the topic and summarize your research findings. Provide the title, date, source, and website link below the body of your posting. For example, [This is the body of my discussion posting.] Title: Its the Economy, Stupid! Date: June 4, 2009 Source: Wall Street Journal Link: http://online.wsj.com/article/SB124407228244683091.html
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  • hi sir can you do it in 4 hur?
    User_3231 | May 23, 2014, 21:50 PM
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    User_4540 | May 23, 2014, 21:51 PM
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    User_4540 | May 23, 2014, 21:53 PM
  • ok i have an example that you have to do it the seame work just to make sure that understand me ok ? the example is >> Every year during Super Bowl, many advertising businesses usually have varieties of products that will be introduced to many customers on television, magazine, radio or local stores. For example cups, hats, and jackets are highly popular as souvenirs for sports fans favorite teams. These yearning fans of Super Bowl every year cannot wait to get their hands on their favorite products to show their team spirit. Let's not forget the most important part of the Super Bowl game is chips & salsa, soda, beer, bar-b-que, and what ever these hard core Super Bowl fans can get their hands on while their shopping for this special game. News casters in most case before Super Bowl game every year, calculate that probable Super Bowl outcome thus helping the economic growth. By having all this advertisement on the television or in the local store, it promotes sales for our economy. According to the (GDP) `before the game was played, we should expect U.S. economic growth to be 3.0457%. After the game, this must be revised downward to 2.9003%. That may not look like a significant jump, but it would mean the loss of billions of dollars to the economy (relative to the higher growth rate). Fortunately the magazine The Economist is predicting the growth rate of GDP to be 3.3% for the next year. I'd wager that their estimate will end up being more reliable.` Mike Moffatt (About.com - Economics) Title: The Economics of the Super Bowl Date: 23 May 2014 Source: About.com Link: http://economics.about.com/od/economicindicatorintro/a/superbowl.htm
    User_3231 | May 23, 2014, 21:57 PM
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    User_4540 | May 23, 2014, 21:57 PM
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    User_3231 | May 23, 2014, 22:14 PM
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    User_4540 | May 23, 2014, 22:18 PM
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    User_3231 | May 23, 2014, 22:19 PM
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    User_4540 | May 24, 2014, 00:47 AM
  • sir i need the Title or Date for the first one plz?for the article
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    User_3231 | May 23, 2014, 22:04 PM
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    Essaymasters | May 23, 2014, 22:07 PM
  • ok i have an example that you have to do it the seame work just to make sure that understand me ok ? the example is >> Every year during Super Bowl, many advertising businesses usually have varieties of products that will be introduced to many customers on television, magazine, radio or local stores. For example cups, hats, and jackets are highly popular as souvenirs for sports fans favorite teams. These yearning fans of Super Bowl every year cannot wait to get their hands on their favorite products to show their team spirit. Let's not forget the most important part of the Super Bowl game is chips & salsa, soda, beer, bar-b-que, and what ever these hard core Super Bowl fans can get their hands on while their shopping for this special game. News casters in most case before Super Bowl game every year, calculate that probable Super Bowl outcome thus helping the economic growth. By having all this advertisement on the television or in the local store, it promotes sales for our economy. According to the (GDP) "before the game was played, we should expect U.S. economic growth to be 3.0457%. After the game, this must be revised downward to 2.9003%. That may not look like a significant jump, but it would mean the loss of billions of dollars to the economy (relative to the higher growth rate). Fortunately the magazine The Economist is predicting the growth rate of GDP to be 3.3% for the next year. I'd wager that their estimate will end up being more reliable." Mike Moffatt (About.com - Economics) Title: The Economics of the Super Bowl Date: 23 May 2014 Source: About.com Link: http://economics.about.com/od/economicindicatorintro/a/superbowl.htm
    User_3231 | May 23, 2014, 22:08 PM
  • did you understand?
    User_3231 | May 23, 2014, 22:09 PM
  • Yes I understand that due to much investment done during the Super Bowl the economy declines but after sometimes projected to rise due to the demand that arises after the launch of new products.....is it what you are trying to say.....
    Essaymasters | May 23, 2014, 22:14 PM
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