Microeconomic issues.

Watch video located at: https://www.youtube.com/watch?v=0BXGh0EYJtE . After watching the video, answer the questions attached and submit them here as a word document. You must answer all the questions in detail to gain credit.

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In the analysis of this video, numerous microeconomic issues have been developed by the narrator. First, the growth of production has been articulated because Dubai’s main focus is to increase its economic revenue or GDP after projecting a fall of oil production. Another microeconomics issue identified is the number of unemployed people because the construction of the Dubai Palm Island would increase the service industry. The levels of exports and imports are also established in the video as a microeconomic issue. Such a project could increase tourism revenue, with an expectation of 15 million tourists after the completion of the project. The narrator has finally explained the measures set by the Sheikh Mohammed to stabilize the economy or government deficit with 2 million dollars reserved. These are the identified issues in the video regarding microeconomics.

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