1-Pick an agency (Nonprofit or Non-Governmental Organization (NGO) – could be the nonprofit where you work, one that you know, or hypothetical). 2-Briefly describe the agency and its functions?

3-Give concrete examples of inputs, outputs, and outcomes relevant to the core function of this agency.

4-When pressed to develop performance measures, which (outcomes or outputs) would the agency tend to propose? Why?

5-Which (outputs or outcomes) will the principal (board, executive, or funder in the case of a nonprofit) attempt to compel the agency to use? Why?

6-What type of market structure is the agency facing? Explain? How would you describe the elasticity for the agency/firm product/service? Explain?

7-What are the major economic concepts and issues involved or should be considered in the operation of the agency. You should elaborate on those concepts/issues –for example how is an understanding of elasticity, profit maximization, making decisions at the margin, cost benefit analysis, time value of money, taxes and subsidies and other concepts covered throughout the semester – relevant to the operation and sustainability of the agency. -You can also discuss potential future challenges and opportunities.

note

1- nonprofit organization

make 6 pages

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