In: Economics
Provide a microeconomic analysis of suppliers with explanation and analysis of forecasts of labor, capital stock, and intermediate inputs as it relates to the agrochemical industry in the United States and Syngenta specifically.
You’ll need to identify the suppliers of intermediate goods, labor, and discuss the physical capital stock. Here you’ll want to discuss the outlook for oil prices, which influence the macroeconomic outlook, and are an important intermediate input into any good that is transported (as well as anything plastic). You will also want to discuss labor supply. Who are the firm’s employees? Are they highly educated? Does your firm hire locally or nationally? You will use data on the unemployment rate here. Here is where you can discuss the physical capital stock (machinery, buildings). This is natural place to discuss the connection between monetary policy (interest rates) and investment spending. For instance, is the expected interest rate environment conducive to additional investment in the capital stock.