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economics

2. Supply of Insurance

Suppose there are two risk averse individuals, Cate and Dirk. They both face an identical

independent risky prospect: each individual has a 50% chance of earning $100 and a 50%

chance of earning $10. Let u(x) = log x be the utility function.

(a) Find Dirk’s expected utility from this prospect.

(b) Suppose Cate and Dirk decide to pool their incomes. They pay their realized income

into the pool and they each get half of the total income of the pool. Find Dirk’s

expected utility under the pooling scheme. (Hint: Since the two prospects are identical

and independent, there are four possible outcomes).(c) Show that Dirk’s expected utility under the pooling scheme is greater than his expected

utility without the pooling scheme.

(d) Compare the variance of the risky prospect with the pooling scheme and without the

pooling scheme.

 

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Economics

Hello everyone!

Please read Chapter 18 on Taxes and complete the Last Word Question.

Last Word question :  Does a progressive tax system by itsself guarntee that resources will be redistrubuted from the rich to the poor? Explain. is the tax system in the United States progressive ,regressive , or proportional ? Does the tax- spedning system in the United Sates redistribute resources from the higher-income eaners to lower-income earners?

 Additionally,  in three full paragraphs, write your understanding of progressive, regressive and proportional tax along with choosing one State, Federal or Local tax and explain why it fits into one of the categories and why?

Define ability to pay and benefits received in your own words providing examples in two additional paragraphs.

There should be a totatl of atleast 5 paragraphs.

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economics

1. Demand for Insurance

Consider the utility function u(x) = log x.

(a) Set up the individual’s expected utility maximization problem. Derive the first-order

condition.

(b) Find the optimal insurance coverage, C

, when insurance is actuarially fair (i.e. q = p).

(c) Find the optimal insurance coverage when q > p.

(d) Comparative Statics. Use the first order condition from part (a) to find change in

C

∗ = C(W, L, q, p) with respect to

(a) Probability

(b) Loss

(c) Wealth (Hint: consider IARA, CARA, DARA)

 

 

 

 

2. Supply of Insurance

Suppose there are two risk averse individuals, Cate and Dirk. They both face an identical

independent risky prospect: each individual has a 50% chance of earning $100 and a 50%

chance of earning $10. Let u(x) = log x be the utility function.

(a) Find Dirk’s expected utility from this prospect.

(b) Suppose Cate and Dirk decide to pool their incomes. They pay their realized income

into the pool and they each get half of the total income of the pool. Find Dirk’s

expected utility under the pooling scheme. (Hint: Since the two prospects are identical

and independent, there are four possible outcomes).(c) Show that Dirk’s expected utility under the pooling scheme is greater than his expected

utility without the pooling scheme.

(d) Compare the variance of the risky prospect with the pooling scheme and without the

pooling scheme.

 

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economics

2. Supply of Insurance

Suppose there are two risk averse individuals, Cate and Dirk. They both face an identical

independent risky prospect: each individual has a 50% chance of earning $100 and a 50%

chance of earning $10. Let u(x) = log x be the utility function.

(a) Find Dirk’s expected utility from this prospect.

(b) Suppose Cate and Dirk decide to pool their incomes. They pay their realized income

into the pool and they each get half of the total income of the pool. Find Dirk’s

expected utility under the pooling scheme. (Hint: Since the two prospects are identical

and independent, there are four possible outcomes).(c) Show that Dirk’s expected utility under the pooling scheme is greater than his expected

utility without the pooling scheme.

(d) Compare the variance of the risky prospect with the pooling scheme and without the

pooling scheme.

 

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Economics

Your responses are to be in your own words with no quotes, paraphrasing or copying. What I am looking for in your responses are your thoughts and opinions that demonstrates your understanding of the topics and course materials. As for the content of your Midterm, two paragraphs per topic question will suffice and no more than two pages total for the Midterm Assessment.

1) Describe the challenges faced by US Customs and Border Protection agents attempting to secure the border. Be sure to include:

What is the functional equivalent of the border?

What is the Fourth amendment exception as it pertains to border searches?

How are seizure statistics used to justify the mission of border security?

 

 

 

2) Explain “open markets and closed borders” as it pertains to smuggling, free trade, and border enforcement.

3) What are the challenges of facilitating legal border crossings while maintaining secure borders?

 

 

 

4) What has been the economic impact of terrorism on U.S. and Global Markets since 9/11?

 

 

 

5) Describe the impact of the General Agreement on Tariffs and Trade (GATT) and North American Free Trade Agreement (NAFTA) agreements on cross border trade in North America.

 

professor Geek

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Economics

The following questions address some of the price and output decisions faced by firms other than those found in perfect competition. Some numbers may be rounded.

Table 1


Output

Average Fixed cost

Average Variable Cost

Average Total Cost

Marginal Cost

Price

Total Revenue

Marginal Revenue

0

 

 

 

 

 $ 345.00

 

 

1

 $   180.00

 $ 135.00

 $    315.00

 

 $ 300.00

 

 

2

 $     90.00

 $ 127.50

 $    217.50

 

 $ 249.00

 

 

3

 $     60.00

 $ 120.00

 $    180.00

 

 $ 213.00

 

 

4

 $     45.00

 $ 112.50

 $    157.50

 

 $ 189.00

 

 

5

 $     36.00

 $ 111.00

 $    147.00

 

 $ 165.00

 

 

6

 $     30.00

 $ 112.50

 $    142.50

 

 $ 144.00

 

 

7

 $     25.71

 $ 115.70

 $    141.41

 

 $ 126.00

 

 

8

 $     22.50

 $ 121.90

 $    144.40

 

 $ 111.00

 

 

9

 $     20.00

 $ 130.00

 $    150.00

 

 $   99.00

 

 

10

 $     18.00

 $ 139.50

 $    157.50

 

 $   87.00

 

 

Questions:

  1. Complete Table 1. Summarize your calculations and use Microsoft Excel.
  2. Using Excel, draw one graph showing average fixed costs, average variable costs, average total costs, marginal revenue, and marginal costs.
  3. Using the data in the table and on your graph, what is the profit maximizing, or loss minimizing level of output?  Explain and justify your answers.
  4. What is a normal profit?  What is an economic profit? Explain your answer using examples. Are normal profits being earned in this example? Are economic profits present for this firm in this example?  Explain your answers.
  5. Given the data in the table and the graph, how could you determine or identify the optimal plant size?
  6. What is the difference between explicit and implicit cost?  Explain your answers.
  7.  How would we determine if a cost is a fixed cost or a variable cost?

Present your analysis in Microsoft Excel format. Enter non-numerical responses in the same worksheet using textboxes. If you want to learn how to use Microsoft Excel to create curves, refer to the Microsoft Excel tutorials.

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Economics

Question 1 (5 points)

 Question 1 Unsaved

Rate of return (ROR) can be described as the rate earned on the ___________________ of an investment.

Question 2 (5 points)

 Question 2 Unsaved

What does a rate of return of –100% mean?

Question 3 (5 points)

 Question 3 Unsaved

A-1 Mortgage makes loans with the interest paid on the loan principal rather than on the unpaid balance. For a 4-year loan of $10,000 at 10% per year, what annual payment would be required to repay the loan in 4 years if interest is charged on (a) the principal and (b) the unrecovered balance?

Question 4 (5 points)

 Question 4 Unsaved

What rate of return per month will an entrepreneur make over a 2½-year project period if he invested $150,000 to produce portable 12-volt air compressors? His estimated monthly costs are $27,000 with income of $33,000 per month.

Question 5 (5 points)

 Question 5 Unsaved

PPG manufactures an epoxy amine that is used to protect the contents of polyethylene terephthalate (PET) containers from reacting with oxygen. The cash flow (in millions) associated with the process is shown below. Determine the rate of return.

Year

Cost, $

Revenue, $

0

–10

1

–4

2

2

–4

3

3

–4

9

4

–3

9

5

–3

9

6

–3

9

Question 6 (5 points)

 Question 6 Unsaved

What is the difference between a conventional and a nonconventional cash flow series?

Question 7 (5 points)

 Question 7 Unsaved

Five years ago, a company made a $5 million investment in a new high-temperature material. The product was not well accepted after the first year on the market. However, when it was reintroduced 4 years later, it did sell well during the year. Major research funding to broaden the applications has cost $15 million in year 5. Determine the rate of return for these cash flows (shown below in $1000s).

Year

Net Cash Flow, $

0

–5,000

1

4,000

2

0

3

0

4

20,000

5

–15,000

Question 8 (5 points)

 Question 8 Unsaved

___________________ refers to the interest rate that is used for funds that are released from a project before the project is over.

Question 9 (5 points)

 Question 9 Unsaved

What is the overall rate of return on a $100,000 investment that returns 20% on the first $30,000 and 14% on the remaining $70,000?

Question 10 (5 points)

 Question 10 Unsaved

If all of the incremental cash flows are negative, what is known about the rate of return on the incremental investment?

Question 11 (5 points)

 Question 11 Unsaved

A plastics company is considering two injection molding processes. Process X will have a first cost of $600,000, annual costs of $200,000, and a salvage value of $100,000 after 5 years. Process Y will have a first cost of $800,000, annual costs of $150,000, and a salvage value of $230,000 after 5 years.  Which process should the company select on the basis of a rate of return analysis, if the MARR is 20% per year?

Question 12 (5 points)

 Question 12 Unsaved

The manager of a canned food processing plant is trying to decide between two labeling machines. Determine which machine should be selected on the basis of rate of return with a MARR of 20% per year.

 

 

Machine A

Machine B

First cost, $

–15,000

–25,000

Annual operating cost, $/year

–1,600

–400

Salvage value, $

3,000

4,000

Life, years

2

4

Question 13 (5 points)

 Question 13 Unsaved

The incremental cash flows for alternatives M and N are shown below. Determine which should be selected, using an AW-based rate of return analysis. The MARR is 12% per year, and alternative N requires the larger initial investment.

 

Incremental

Year

Cash Flow, $(N 2 M)

0

–22,000

1–8

+4,000

9

+12,000

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Economics

Applying  Values to your analysis, describe what GDP measures and some of the limitations of GDP. What is the relationship between economic well-being and social well-being (i.e. happiness)? Can economic growth and productivity align with our Core Values?

 

This assignment must be a 2-3 page Word Document and use 12 pt. Times New Roman font with proper APA citations. Be sure to review the scoring rubric

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Economics

 need to apply Economics to the article in the description/ This is an Econ IA part of the IB

Link to the article: http://ocean.nationalgeographic.com/ocean/explore/…

– 750 words

– Negative externality

-Graph with explanation (p1 shifts, etc)

– Graph with solution (imposed tax by gov)

-Analysis

 

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Economics

Question 1 (5 points)

 Question 1 Unsaved

When you are evaluating projects by the present worth method, how do you know which one(s) to select if the projects are independent?

Question 2 (5 points)

 Question 2 Unsaved

When you are evaluating projects by the present worth method, how do you know which one(s) to select if the projects are mutually exclusive?

Question 3 (5 points)

 Question 3 Unsaved

Two methods can be used for producing expansion anchors. Method A costs $80,000 initially and will have a $15,000 salvage value after 3 years. The operating cost with this method will be $30,000 per year. Method B will have a first cost of $120,000, an operating cost of $8000 per year, and a $40,000 salvage value after its 3-year life. At an interest rate of 12% per year, which method should be used on the basis of a present worth analysis?

Question 4 (5 points)

 Question 4 Unsaved

Two processes can be used for producing a polymer that reduces friction loss in engines. Process K will have a first cost of $160,000, an operating cost of $7000 per quarter, and a salvage value of $40,000 after its 2-year life. Process L will have a first cost of $210,000, an operating cost of $5000 per quarter, and a $26,000 salvage value after its 4-year life. Which process should be selected on the basis of a present worth analysis at an interest rate of 8% per year, compounded quarterly?

Question 5 (5 points)

 Question 5 Unsaved

The cost of extending a certain road at Yellowstone National Park is $1.7 million. Resurfacing and other maintenance are expected to cost $350,000 every 3 years. What is the capitalized cost of the road at an interest rate of 6% per year?

Question 6 (5 points)

 Question 6 Unsaved

What is the bond interest rate on a $20,000 bond that has semiannual interest payments of $1500 and a 20-year maturity date?

Question 7 (5 points)

 Question 7 Unsaved

What is the present worth of a $50,000 municipal bond that has an interest rate of 4% per year, payable quarterly? The bond matures in 15 years, and the market interest rate is 8% per year, compounded quarterly.

Question 8 (5 points)

 Question 8 Unsaved

For the mutually exclusive alternatives shown below, determine which one(s) should be selected.

Alternative

Present Worth, $

A

–25,000

B

–12,000

C

10,000

D

15,000

Question 9 (5 points)

 Question 9 Unsaved

A consulting engineering firm is considering two models of SUVs for the company principals. A GM model will have a first cost of $26,000, an operating cost of $2000, and a salvage value of $12,000 after 3 years. A Ford model will have a first cost of $29,000, an operating cost of $1200, and a $15,000 resale value after 3 years. At an interest rate of 15% per year, which model should the consulting firm buy? Conduct an annual worth analysis.

Question 10 (5 points)

 Question 10 Unsaved

A mechanical engineer is considering two types of pressure sensors for a low-pressure steam line. The costs are shown below. Which should be selected based on an annual worth comparison at an interest rate of 12% per year?

 

 

Type X

Type Y

First cost, $

–7,650

–12,900

Maintenance cost, $/year

–1,200

–900

Salvage value, $

0

2,000

Life, years

2

4

Question 11 (5 points)

 Question 11 Unsaved

Two processes can be used for producing a polymer that reduces friction loss in engines. Process K will have a first cost of $160,000, an operating cost of $7000 per month, and a salvage value of $40,000 after its 2-year life. Process L will have a first cost of $210,000, an operating cost of $5000 per month, and a $26,000 salvage value after its 4-year life. Which process should be selected on the basis of an annual worth analysis at an interest rate of 12% per year, compounded monthly?

Question 12 (5 points)

 Question 12 Unsaved

Determine the perpetual equivalent annual worth (in years 1 through infinity) of an investment of $50,000 at time 0 and $50,000 per year thereafter (forever) at an interest rate of 10% per year.

Question 13 (5 points)

 Question 13 Unsaved

How much must you deposit in your retirement account each year for 10 years starting now (i.e., years 0 through 9) if you want to be able to withdraw $50,000 per year forever beginning 30 years from now? Assume the account earns interest at 10% per year.

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Economics

Question 1 (5 points)

 Question 1 Unsaved

One plan to raise money for Texas schools involves an “enrichment tax” that could collect $56 for every student in a certain school district. If there are 50,000 students in the district and the cash flow begins 2 years from now, what is the present worth of the enrichment plan over a 5-year planning period at an interest rate of 8% per year?

Question 2 (5 points)

 Question 2 Unsaved

How much money would you have to pay each year in 8 equal payments, starting 2 years from today, to repay a $20,000 loan received from a relative today, if the interest rate is 8% per year?

Question 3 (5 points)

 Question 3 Unsaved

An industrial engineer is planning for his early retirement 25 years from now. He believes he can comfortably set aside $10,000 each year starting now. If he plans to start withdrawing money 1 year after he makes his last deposit (i.e., year 26), what uniform amount could he withdraw each year for 30 years, if the account earns interest at a rate of 8% per year?

Question 4 (5 points)

 Question 4 Unsaved

Lifetime savings accounts, known as LSAs, would allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $10,000 now and $10,000 each year for the next 20 years, how much will be in the account immediately after the last deposit if the account grows by 15% per year?

Question 5 (5 points)

 Question 5 Unsaved

By spending $10,000 now and $25,000 three years from now, a plating company can increase its income in years 4 through 10. At an interest rate of 12% per year, how much extra income per year would be needed in years 4 through 10 to recover the investment?

Question 6 (5 points)

 Question 6 Unsaved

Compute the present worth (year 0) of the following cash flows at i = 12% per year.

Year

Amount, $

Year

Amount, $

0

5000

8

700

1–5

1000

9

600

6

900

10

500

7

800

11

400

Question 7 (5 points)

 Question 7 Unsaved

When a uniform series begins at a time other than the end of period 1, it is called a ________ series.

Question 8 (5 points)

 Question 8 Unsaved

The present worth is always located __________ prior to the first uniform-series amount when using the P/A factor.

Question 9 (5 points)

 Question 9 Unsaved

For an interest rate of 10% per year compounded quarterly, determine the number of times interest would be compounded

(a) per quarter,

(b) per year, and

(c) per 3 years.

Question 10 (5 points)

 Question 10 Unsaved

An interest rate of 16% per year, compounded quarterly, is equivalent to what effective interest rate per year?

Question 11 (5 points)

 Question 11 Unsaved

What effective interest rate per year is equivalent to an effective 18% per year, compounded semiannually?

Question 12 (5 points)

 Question 12 Unsaved

Determine the P/G factor for 5 years at an effective interest rate of 6% per year, compounded semiannually.

Question 13 (5 points)

 Question 13 Unsaved

A present sum of $5000 at an interest rate of 8% per year, compounded semiannually, is equivalent to how much money 8 years ago?

Question 14 (5 points)

 Question 14 Unsaved

A 40-day strike at Boeing resulted in 50 fewer deliveries of commercial jetliners at the end of the first quarter of 2000. At a cost of $20 million per plane, what was the equivalent end-of-year cost of the strike (i.e., end of fourth quarter) at an interest rate of 18% per year, compounded monthly?

Question 15 (5 points)

 Question 15 Unsaved

An engineer deposits $300 per month into a savings account that pays interest at a rate of 6% per year, compounded semiannually. How much will be in the account at the end of 15 years? Assume no interperiod compounding.

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Economics

Write a three to four (3-4) page paper in which you:

  1. Identify at least four (4) key points of a relevant economic article from either the Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8.
  2. Apply one (1) of the following economic concepts (supply, demand, market structures, elasticity, costs of production, GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the key points that you highlighted in Question 1.
  3. Explain how the concept that you identified in Question 2 could affect the U.S. economy.
  4. In your concluding paragraph, state whether you agree or disagree with the economic article identified in Question 1. Provide a rationale for the response.
  5. Use at least three (3) quality resources in this assignment with one (1) being your article.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Analyze the dynamics of supply and demand to anticipate market equilibrium.
  • Analyze the elasticity of demand and supply and its importance, and the effect of taxes or other public policies.
  • Describe the impact of various forms of competition on business operations with emphasis on perfect competition.
  • Use technology and information resources to research issues in principles of economics.\

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Economics

 

Assume that a firm has a production function Y = 1,000L
1/2, where Y is output and L 
is labour. Labour demand is L
d
= 250,000(P/W)
2
and labour supply is L
s

31,250(W/P). Initially, there is an equilibrium in which output is 250,000, 
employment is 62,500, the nominal wage is 20, and the price level is 10. Demand for 
output is 250,000 at the given price, so all output is sold. Suddenly, demand at the 
given price drops to 200,000, but the firm does not lower its price. It lowers output 
and lays off workers.

A) Assuming that the firm cannot produce for inventory, how much will the firm 
want to produce?
B) Assuming output equals the amount given under part a, what employment 
force will the firms want to hire?
C) If the firm continues to pay the same nominal and real wage, how much more 
labour will workers wish to supply than the firm will want to hire?

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Economics

Over the last year your boss has noticed that it would be useful for your firm to understand how consumers behave when variables in the market change and how these changes affect the total revenue for your product. You have been asked to do an analysis for your product, Good A, by addressing the following questions and reporting the results to your boss in a formal paper.

Questions:

  1. Define the price elasticity of demand? What information does it provide? How is it calculated?

  2. Define the income elasticity of demand? What information does it provide? How is it calculated?

  3. Define the cross-price elasticity of demand? What information does it provide? How is it calculated?

  4. What is total revenue? How is it calculated?

  5. Define elastic, inelastic, and unitary elasticity means. How are these related to total revenue? Explain your answers.

  6. With respect to the price elasticity of demand, construct a graph using the data in Figure1. Illustrate the ranges on the demand curve that indicate elastic, inelastic, and unitary elasticity. Explain your answers. Enter non-numerical responses in the same worksheet using textboxes.

  7. Calculate the total revenue for each level of demand and post into the table, Figure 1. (Copy and paste this table into the Microsoft Word document that will form part of your submission.)

  8. Using the midpoints formula presented in the textbook, calculate the price elasticity coefficient for each price level, starting with the coefficient for the $4 to $6 level. For each coefficient, indicate each type of elasticity: elastic demand, inelastic demand, or unitary demand. Post your answers into the table, Figure 1.

  9. Assume that the income of consumers changes by 10%, and as a result the quantity demanded for Good A changes by 8%. What is the income elasticity of demand for Good A? What does this mean for your company?

  10. Assume that the price of competing Good B decreases by 5% and as a result, the quantity demand for Good A decreases by 8%. What is the cross-price elasticity for your product? What type of goods are Good A and Good B?

Figure 1: The Demand Schedule for Barbeque Dinners


Price

Quantity Demanded

 

Total Revenue

Elasticity Coefficient

Elastic or Inelastic

$4

100

 

__________

XXXX

XXXX

6

80

 

__________

__________

__________

8

60

 

__________

__________

__________

10

40

 

__________

__________

__________

12

20

 

__________

__________

__________

14

1

 

__________

__________

__________

Required:

Prepare an analysis by answering the above-noted questions. Your analysis will consist of two documents as follows:

  1. Microsoft Word document: Questions 1-5, 7-10.
  2. Microsoft Excel worksheet: Question 6

 

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Economics

1. A design-build engineering firm completed a pipeline project wherein the company realized a profit of $2.3 million in 1 year. If the amount of money the company had invested was $6 million, what was the rate of return on the investment?

 

2. A start-up chemical company has established a goal of making at least a 35% per year rate of return on its investment. If the company acquired $50 million in venture capital, how much did it have to earn in the first year?

 

3. A medium-size consulting engineering firm is trying to decide whether it should replace its office furniture now or wait and do it 1 year from now. If it waits 1 year, the cost is expected to be $16,000. At an interest rate of 10% per year, what would be the equivalent cost now?

 

4. A company that manufactures regenerative thermal oxidizers made an investment 10 years ago that is now worth $1,300,000. How much was the initial investment at an interest rate of 15% per year (a) simple interest and (b) compound interest?

 

5. Identify each of the following as either equity or debt financing.

(a) Money from savings

(b) Money from a certificate of deposit

(c) Money from a relative who is a partner in the business

(d) Bank loan

(e) Credit card

 

6. Use the rule of 72 to estimate the time it would take for an initial investment of $10,000 to accumulate to $20,000 at a compound rate of 8% per year.

 

7. Pressure Systems, Inc., manufactures high-accuracy liquid-level transducers. It is investigating whether it should update certain equipment now or wait to do it later. If the cost now is $200,000, what will the equivalent amount be 3 years from now at an interest rate of 10% per year?

 

8. A recent engineering graduate passed the FE exam and was given a raise (beginning in year 1) of $2000. At an interest rate of 8% per year, what is the present value of the $2000 per year over her expected 35-year career?

 

9. West Coast Marine and RV is considering replacing its wired pendant controllers on its heavy-duty cranes with new portable infrared keypad controllers. The company expects to achieve cost savings of $14,000 the first year and amounts increasing by $1500 each year thereafter for the next 4 years. At an interest rate of 12% per year, what is the equivalent annual worth of the savings?

 

10. The effort required to maintain a scanning electron microscope is known to increase by a fixed percentage each year. A high-tech equipment maintenance company has offered it services for a fee of $25,000 for the first year (i.e., end of year 1) with increases of 6% per year thereafter. If a biotechnology company wants to pay for a 3-year contract up front to take advantage of a temporary tax loophole, how much should it be willing to pay if it uses an interest rate of 15% per year?

 

11. A certain mechanical engineer plans to retire when he has $1.6 million in his brokerage account. If he started with $100,000 in the account, how long will it be (from the time he started) before he can retire if the account makes a rate of return of 18% per year?

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Economics

Analyzing and understanding data is an important part of decision making. Econometrics is defined as the statistical methods used to analyze data and make informed decisions. For this assignment, you are required to research data related to an economic issue or situation relevant to your organization or a business organization in general. Use the Bureau of Economic Analysis websiteto choose data for this assignment. In addition, review the articles in Topic Materials relating to econometrics. Analyze the data you have selected to determine how to use them to make appropriate economic decisions for an organization. As you are analyzing the data, apply econometrics methods (linear regression, statistical mathematics, nonlinear regression, or another relevant model) to validate data and determine strategies and solutions for the economic data retrieved. Please review the “Sample Econometrics Problem” resource to assist you in completing this assignment.

Write a summary (500-750 words) to discuss your data findings and the proposed solutions generated based on applying econometrics and analyzing the data. You are required to submit the selected data, methods for testing and validating data, and the economic decisions you have established based on analysis of the data.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

You are required to submit this assignment to Turnitin.

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economics

EC222/Fall 2015, Extra Credit                                       _____________________________________________________

 

 

1.       Candace makes 6 pies in 3 hours; Raymond makes 40 pies in 8 hours; Vanessa makes 80 pies in a 20 hours, Sam makes 10 pies in 4 hours.  Calculate their output per hour. 

 

 

Candace? ____________  Raymond? __________ Vanessa? ____________  Sam? ____________

 

 

Who is the most productive? ___________________________

 

2.       When the amount of savings increases, interest rates will ____________ (increase, decrease)

 

and the amount of loans for business investment will _______________(increase, decrease)

 

 

3.       Should Haiti (or any country) impose high tariffs on imported goods to protect domestic

 

industry? ___________

 

 

4.       ________________Free international trade will _________ prices, and  _________ incomes.

 

a.        Increase; increase

b.       Decrease; decrease

c.        Decrease; increase

d.       Increase; decrease

 

 

5.       _________________Real GDP for Country A is $50 billion.  Real GDP for Country B is $50 billion.  Country A has 5 million people, while Country B has 25 million people.  In which one is the average citizen better off?   

 

Real GDP per capita for A? _______________  Real GDP per capita for B? _______________

 

                                _____________________________________________________________________________________________

 

Inflation                 Real GDP                 Nominal GDP         Population            

Country             Rate                      Growth Rate           Growth Rate           Growth Rate          

 

A                                     3%                                    5%                                           18%                                    5%                                     

B                                     7%                                    9%                                           25%                                    7%

C                                   – 5%                                   2%                                           50%                                    10%

D                                     2%                                    11%                                        15%                                    12%

 

 

6.       _____________ Using the table above, which country is improving the most economically for

 

the average citizen of that country? 

 

 

 

 

 

 

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economics

Assignment 2: Externalities

Due Week 6 and worth 140 points

 

Write a two to three (2-3) page paper in which you:

  1. Identify and discuss three (3) externalities, which can either be positive or negative.
  2. Conclude why an externality might exist in the situation that you described, and determine the solutions to mitigate these particular externalities. 
  3. Analyze the different stakeholders (i.e., government, three (3) affected parties) that are involved in the externality, and identify what their roles are with regard to the externality.

 

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

 

The specific course learning outcomes associated with this assignment are:

  • Use economic analysis to describe the social costs and benefits of government and public policy choices.
  • Analyze the relationship between economic activity and the resources available in a society.
  • Use technology and information resources to research economic problems and issues.
  • Write clearly and concisely about economic problems and issues using proper writing mechanics.

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Economics

Economics

 

 

Assignment Return to Giant Pool of Money – Econ 120

 

By now you all know we are just beginning to emerge from economically hard times, and most of you know that the “housing crisis” has been implicated as one of the major contributors.   But what exactly was the housing crisis?  This assignment consists of listening to an hour-long radio program that addresses that question.

 

1.  Listen to Return to the Giant Pool of Money  (This American Life, Episode 390 – in case you have to navigate to it yourself).  If you have a hearing disability where you need the transcript and cannot find it online email me at least a week before the due date.

 

2.  In a few paragraphs (the equivalent of one single-spaced page and no longer), summarize the show and talk about why it interested you.  In your summary, correctly use three terms from the margins of your textbook.  Do not repeat a term that another student has used or I cannot give you credit (you are welcome to put in a “reserve” post letting other students know which terms you are going to use).  Underline the terms, have them be from three different chapters, and note which chapters they are from.   Do not attach this – put it in the text of the board.

 

3.  Make sure your summary is written such that I can tell you listened to the show thoroughly the whole way through, and also that you did not just copy another student.   The basic content of the posts will be similar, of course, but there is a whole hour’s worth of talking, so you will be able to customize your summary. 

 

First Submission:  Wednesday 11:30 PM

Response:  Thursday 11:30 PM.  For the response to another student (one to whom no one else has responded – as usual), let them know if they’ve used the terms correctly.

Final Submission:  Saturday 11:30 PM

 

Important Hint:  The show uses the term “greed”, but it’s a normative term as it denotes a value judgment on behavior.  Those value judgments aren’t a part of positive economics; rather economics focuses on behavioral analysis.  So be sure not to use the term greed or other normative terms or statements (or you risk getting a zero on your post).  It’s fine to discuss things in terms of costs and benefits as long as you have a source for your interpretation of the costs or benefits.

 

Grading Rubric

 

18-20– Submittal shows excellent, thoughtful and complete work.  Show is thoughtfully discussed in a way unique from previous submissions.  Terms chosen are sophisticated (in other words not just “supply” or “firms”, unique and correctly used and referenced.  No more than three terms are used. Submission contains high-quality college-level writing that has been carefully edited and proofread and contains no errors. Contains only positive economic statements; no normative statements.

16-17– Submission shows good effort, with a thorough discussion of show.  No suspicion of copying other students.  Terms are correctly used and referenced. No more than three terms are used. All guidelines are followed Writing is quality college-level work; may contain one to two errors. Contains only positive economic statements; no normative statements.

14-15 – Submission shows average effort.  The show is summarized and the length required.  No suspicion of copying previous students.  Three terms are correctly used.  There may be minor grammar spelling and punctuation, or minor normative comments.  

12-13– Poor effort, show is insufficiently summarized; or one or more terms are used incorrectly, or writing contains numerous errors, or assignment contains obviously normative comments.

0-11– Incomplete or very poor effort; summary of show not sufficient or unique, or terms missing or incorrectly used, or writing not at college-level, with little or no evidence of editing and proofreading, or contains overtly normative statements.

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economics

Assignment 2: Externalities

Due Week 6 and worth 140 points

 

Write a two to three (2-3) page paper in which you:

  1. Identify and discuss three (3) externalities, which can either be positive or negative.
  2. Conclude why an externality might exist in the situation that you described, and determine the solutions to mitigate these particular externalities. 
  3. Analyze the different stakeholders (i.e., government, three (3) affected parties) that are involved in the externality, and identify what their roles are with regard to the externality.

 

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

 

The specific course learning outcomes associated with this assignment are:

  • Use economic analysis to describe the social costs and benefits of government and public policy choices.
  • Analyze the relationship between economic activity and the resources available in a society.
  • Use technology and information resources to research economic problems and issues.
  • Write clearly and concisely about economic problems and issues using proper writing mechanics.

 

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economics

Word-of-Mouth Book Sales. Consider a publisher who earns a profit of

$1
 

per book sold. An advertisement that costs

$380 comma 000
 

would sell

120 comma 000
 

books directly.

To make the advertisement worthwhile, how many of the original buyers must each persuade just one other person to buy the book?

[removed]nothing
 

(Enter your response as an integer.)

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Economics

  • John works 40 hours a week managing his own business, without drawing a salary. He could be earning $600 a week doing the same job for his former employer. He has invested $100,000 of his own money in his business and owes the bank $100,000.  The interest on his bank debt is $200 a week. If John’s accounting  profit is $1,000 per week, what is his weekly economic profit? 

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Economics

Economics

I need the following assignment to be completed as an original and plagiarism free.

 

Consider your last vehicle purchase and the decision making process you engaged in while deciding what vehicle to purchase or if a new vehicle was the right decision. While analyzing your decision, keep in mind that everything from the interest rates to the price of gasoline is driven by the economy in one way or another.

Develop a 1,400-word analysis of your decision-making process in which you include the following:

Discuss the role of the interest rate and the cost of financing on your purchase decision. Interest rates are derived from the supply and demand for money and the actions of the Federal Reserve System. What was the rate of interest you paid on your vehicle loan? Were interest rates rising or falling at the time of your decision?

Examine the influence of gasoline prices on the choice of vehicle you selected. Gasoline prices rise and fall dramatically based on economic supply of and demand for crude oil. When gasoline prices are low, Americans buy larger, heavier autos, SUV’s and pick-up trucks. When gas prices are high, Americans purchase more compact and fuel efficient vehicles. When you purchased your last vehicle, were crude oil and gasoline prices rising or falling?

Discuss the following in regard to your household at the time of your purchase:

Were you employed?

Was the economy growing or contracting (recession)?

If you were employed, did you take into consideration the risk that you might lose your job if a recession occurred during the period of your loan pay-back?

A basic assumption of consumers making purchases of large items requiring financing is that their household cash flow will be adequate to cover the monthly loan payments. For most Americans, this also means assuming continuation of their present wages. But many jobs are sensitive to rises and falls in the business cycle, as witnessed by the 10% unemployment rate of the past “Great Recession.”

Evaluate the financial trade-offs made when making your purchase. This includes lower maintenance costs for a newer vehicle versus a car payment and higher insurance among other factors.

Discuss the influence of any of these Federal or state level programs on your decision to purchase a vehicle; or if these did not factor into your decision, explain why or why not:

Buying fuel efficient vehicles such as Flex fuel, hybrids and electrics

Converting existing vehicles to use alternative fuels (Flex fuel)

Removing old, fuel inefficient, and high polluting vehicles from the highways

Explain the influence of environmental factors such as emissions and health concerns on your decision.

Discuss the ways in which your purchase illustrates one piece of the circular flow model of economic activity.  What are the other parts?

Develop conclusions about the economy’s influence on personal and business decision making such as purchases, investments, and so forth.

Cite a minimum of three peer reviewed sources.

Format your paper consistent with APA guidelines.

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economics

Due Week 2 and worth 100 points

Write a three to four (3-4) page paper, titled Rationale and Analysis for Agency Selected, Part 1
  1. Provide background information about the agency’s key historical events, mission, and goals / objectives. (Title this section Introduction)
  2. Describe at least three (3) functions of this agency, highlighting the public it serves. (Title this section Agency Functions)
  3. Analyze at least two (2) current events involving the agency that might have implications to personnel management. (Use the e-Activities from Week 1 and Week 2.) (Title this section Agency News)
  4. Explain the rationale for selecting this agency with at least two (2) justifiable reasons. (Title this section Rationale for Selecting Agency)
  5. Include at least four (4) peer-reviewed references (no more than five [5] years old) from material outside the textbook. Note: Appropriate peer-reviewed references include scholarly articles and governmental Websites. (Include no more than one non-government Website)
Some government websites you may want to consider are:
Your assignment must follow these formatting requirements:
  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. When referencing Websites, make sure you follow APA formatting within the text and on the Reference Page.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
  • Analyze key historical and legislative events in the development of personnel management in the public sector. 
  • Analyze pertinent issues, such as motivation and productivity, collective bargaining, labor relations, equal employment opportunity (EEO), affirmative action (AA), intergovernmental relations, and / or professionalism, facing public personnel managers. 
  • Assess external organizational and employee conditions as well as their implications to and impact on personnel management. 
  • Develop a proposal for strategic public personnel management for a specific setting.
  • Use technology and information resources to research issues in public personnel management.
  • Write clearly and concisely about public personnel management using proper writing mechanics. 

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Economics

Assignment 3: Supply, Demand, & Government in the Markets

A doctoral student has just completed a study for her dissertation and found the following demand and supply schedules for hand held computers to be as follows:

Price/Computer

Quantity Demanded

Quantity Supplied

$200

1000

2200

175

1250

2050

150

1500

1900

125

1750

1750

100

2000

1600

75

2250

1450

50

2500

1300

25

2750

1150

Questions:

  1. Using Microsoft Excel, draw a graph illustrating the supply and demand in this market.
  2. What is the equilibrium Price and Quantity in the market?
  3. Now suppose the government imposes a special tax on these computers. Describe what would happen in this market in terms of the supply and demand curve.
  4.  Disregard the new tax in part three. Now assume that the government imposes a price ceiling of $100 in this market, as a result of protests of price gouging by the sellers. What would happen to the price and quantity in this market?
  5. Disregard the events of part four. Assume that the manufacturers of this product lobby the government’s lawmakers, in terms of this product being an essential for college students but they are considering halting production due to the lack of profits. The lawmakers agree and now set a price floor at $150. What would happen in this market?
  6. If consumers’ expectations were such that they were concerned about the economy and jobs, what would you think would happen in this market?

Compose your solutions to this assignment in a report as a MS Word document.  

 

This assignment requires you to create a chart in Microsoft Excel. In order to accomplish that, you will need to enter the data in an Excel worksheet, and then use Excel to graph the data. Copy the graph from your Excel worksheet and paste it into your MS Word document along with any explanations or discussion, in-text citations if required, and reponses to the list of the questions asked in this assignment. 

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Economics

Equilibration is the process of moving between two equilibrium points as a result of some change in supply or demand. Understanding how market equilibrium is sought following such a change is essential for business managers. It is important to understand how economic principles, and specifically supply, demand, and their determents are a part of your everyday business decisions.

Write a paper, create a video, or create a PowerPoint presentation using a real world experience in a free market (not government regulated) to describe a change that occurred in supply or demand as a result of world events that led to the need for a move between two equilibrium states. Explain the process of how that movement occurred using behaviors of consumers and suppliers. Graph the movement between the two points as well.

 

Required Elements:

•Include academic research to support your ideas

•Consider the Law of demand and the determinants of demand

•Consider the Law of supply and the determinants of supply

•Describe Efficient markets theory

•Explain Surplus and shortage

•Deliver the content in no more than a 700-word paper, OR 7- to 10-slide Microsoft PowerPoint presentation, OR 2- to 3-minute video (Please choose one of these choices, not all three),

•Use University of Phoenix Material: Appendix A to create graphs illustrating the movement between the two equilibrium points and include this in the body of the assignment.

 

•Your assignment is consistent with APA guidelines.

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Economics

Introduction(250)words

provide an overview of the chosen economy of a country

Production output performance analysis(500)words

-real gdp , real gdp growth rate, real gdp per capita

-define and explain how each indicator above measures performance of the economy

-describe and explain performance trends of the economy

-research and explain government’s measures adopted to achieve the production output performance</p>

Labour market analysis(500)words

Describe unemployment trends based on unemployment rates

-define unemployment and describe the typical types of unemployment in a economy

-research and identify the types of unemployment in the chosen economy

-research and explain government’s measure adopted to achieve full employment

Price level analysis(500)words

-describe the inflation trend based on inflation rate

-define inflation and describe the typical causes of inflation

-research and identify the cause(s) of inflation in the chosen economy

-research and explain government’s measures to achieve stable price

Conclusion 250words

-Summary of key highlights of the discussion

additional info- ONLY  economic performance from 2005-2014

– 20% plagiarism- spacing 1.5 with font size 12 using arial font style . 2000 WORD counts and at least 10 apa referencing

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economics

week 8

 

Entering a Merger and Organizational Form” Please respond to the following:

  • From the scenario for Katrina’s Candies, examine the major implications for firms entering into a merger. Explain the criteria the U.S. Department of Justice and the Federal Trade Commission would follow when deciding on whether or not to approve a proposed merger.

week 9

Impact of Government Regulation” Please respond to the following:

This week let’s step from the fictional world of Katrina’s Candies into the real world. This is a chance for you to use the economics you have learned to analyze real-world issues.

In 1993, Whitman and Russell Stover candy companies announced merger plans. I didn’t work on this merger, but two of my colleagues were hired by the candy companies to determine whether the FTC should/would sue to stop the deal. In your discussion response, please give an answer to one or more of the following questions. Check back in during the week to see if you can contribute more.

Questions:

If you were an economist for the FTC or the candy companies, how would you go about determining whether the merger breaks the antitrust laws?

Which law is applicable?

What is the relevant market you would analyze? (That is, which products and which geographic area(s) would you focus on? In other words, how would you label the horizontal axis of you supply and demand curve graph? Hint: What product do both companies sell?)

Are you trying to determine whether the merger might tend to make prices rise or fall?

What evidence would you gather to analyze this issue?

Think about these questions with the economics you know. Don’t worry about getting the “right” answer. Good economists could come to different conclusions on these questions. I’m primarily interested in getting you to use the economics you’ve learned to answer real-world questions. You’ll get full credit if you participate in a thoughtful way.

Dr. Smith

 

week 10

“Long-Term Investment and Cost-Benefit Analysis” Please respond to the following:

  • From the scenario for Katrina’s Candies, suggest one (1) method in which Herb could use a cost-benefit analysis to argue for or against an expansion. Create three (3) optimal decision rules for Katrina’s Candies (e.g., whether to hire more staff or hire temporary workers to meet production schedules). Assess both the short-term and the long-term costs and benefits of obtaining a graduate degree. Support your decision to obtain a graduate degree with a cost-benefit analysis of your particular situation.

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economics

Part I

Describe John Maynard Keynes’ contribution to the theories of Macroeconomics. Why was he such an important economist? Discuss the theories of two other 20th century economists who made a significant contribution to the study of economics.

Part II

Assume that Country A has a population of 500,000 and only produces one good: cars. Country A produces 100,000 cars per year. The people in Country A purchase 90,000 cars, but there are not enough cars to fulfill all the demand. They decide to import 50,000 more. The government buys 25,000 cars for its police force, and 10,000 cars are bought by companies to transport employees to other locations to work. They also export 65,000 cars to nearby countries for sale.

  • What is Country A’s GDP?
    • What is the composition of GDP by percentage?
    • What is the GDP per capita?
    • If government purchases go up in the short run, what happens to GDP? Show this graphically.
    • If consumption and government purchases go up, what happens to GDP in the long run? Why? How would this look in a graph?
    • How does this relate to Keynesian economics?

Part III

Go to the Bureau of Economic Analysis on the Department of Commerce’s Web site, and look up the latest new release for real GDP.

  • Where are we in the business cycle?
  • What is the real GDP today?
  • What is the nominal GDP today?
  • What is the difference between nominal and real GDP?
  • What is the largest component of GDP?
  • What is the smallest component of GDP?
  • What is the fastest growing component of GDP and why?
  • What components of GDP were involved in the change from last month to this month?
  • What is the price index today?
  • What caused the change?
  • Is the GDP price index different from the CPI? How so?
  • Which price index—CPI, GDP, or PPI—makes the most sense to you?

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economics

write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:

Economists agree that increasing aggregate demand is the most expedient way to get the country out of a recession.

Part 1: Define what is happening in the economy when a country is in an expansionary mode, a recession, and a depression. Which economic indicators do we monitor to ascertain where the economy is in the business cycle.

Part 2: As an economic advisor to the president, suggest 4 ways to increase aggregate demand using the following economic concepts. Make sure you answer in the context of the equation for GDP. All creative ideas are welcome!

  • The marginal propensity to consume
  • Return on investment and the interest rate
  • Fiscal policy, including government spending and taxation
  • The multiplier

 

What is the difference between supply-side and demand-side economics? How do the above concepts fit into these definitions? Which do you agree with most as a solution to stimulating growth, and why

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economics

In economics, they say a picture is worth a thousand words. Below, you will find three scenarios. Your assignment is to discuss the situation by writing the solutions, and then show the solutions and how you got here in one or more graphs or flowcharts as requested.

 Scenario One

In the early part of the last decade, there was an overproduction of coffee. The price dropped so low that producers’ costs were higher than the market price. The reason this happened was that market prices became high before this, and the supply of coffee increased substantially. In the meantime, demand for coffee and everything else remained the same. Price Level 1. 

Coffee prices came down again, at first overshooting the former equilibrium price, throwing the coffee market into confusion. In the meantime, gourmet coffee houses began appearing, which began charging a premium for coffee in the period of falling prices. Price Level 2.

Gourmet coffee houses tend to open in high-rent areas and cater to higher income consumers. Because of the change they created for taste and preferences and the higher income market, the gourmet coffee houses had a win-win in a period of falling wholesale prices and increasing retail prices. Price Level 3.

But in the middle of the decade, the party was over, and wholesale prices started increasing because of some shortages caused by weather and the rising overall market prices again. Where is the new equilibrium price? Price Level 4.

Explain the changes in the supply and demand curves based on the above information. Draw a graph showing how the changes affect the price levels, supply and demand.

Scenario Two

You have been asked to discuss the differences between the microeconomic definitions of supply and demand and the macroeconomic differences of aggregate supply and demand. Discuss what determines supply and demand and aggregate supply and aggregate demand. Explain what causes movements along the curve and shifts in the curve for supply and demand and aggregate supply and aggregate demand (make sure that you include price as a variable). Include whether this is an example of the microeconomic definition of supply and demand or the macroeconomic definition of aggregate supply and demand. Most importantly, did this cause a shift in the curves or a movement along the curves? What happened to equilibrium price, supply, demand, aggregate supply or aggregate demand? Describe your graphs.

  1. After Hurricane Katrina, what happened to the price of fish?
  2. After the development of the microchip, what happened to the price of computers?
  3. After the government raised tariffs on imported cheese, what happened to the price of domestic cheese?
  4. Polyester suits have become trendy again. What happens to their price?
  5. Internet auction sites are becoming more popular, and people are using them more and more.
  6. A new health report came out that said red wine lowers cholesterol.
  7. The government raises taxes.
  8. Inflation increases.
  9. Immigration laws are relaxed.
  10. The government increases spending.

Scenario Three

The PPF curve shows the economic choices a country can make about production given scarce resources, a given technology, and a given quantity of inputs. Assume you are a developing country, producing food and clothing at maximum capacity. What could happen when foreign investors start investing in your country?

Discuss what type of foreign investments would be best for the economy’s PPF. What are the opportunity costs of these decisions?

Include what will happen to private and public choices as the economy grows. Support your discussion of these issues and consequences using at least 2 graphs. 

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Economics

Introduction(250)words

provide an overview of the chosen economy of a country

Production output performance analysis(500)words

-real gdp , real gdp growth rate, real gdp per capita

-define and explain how each indicator above measures performance of the economy

-describe and explain performance trends of the economy

-research and explain government’s measures adopted to achieve the production output performance</p>

Labour market analysis(500)words

Describe unemployment trends based on unemployment rates

-define unemployment and describe the typical types of unemployment in a economy

-research and identify the types of unemployment in the chosen economy

-research and explain government’s measure adopted to achieve full employment

Price level analysis(500)words

-describe the inflation trend based on inflation rate

-define inflation and describe the typical causes of inflation

-research and identify the cause(s) of inflation in the chosen economy

-research and explain government’s measures to achieve stable price

Conclusion 250words

-Summary of key highlights of the discussion

additional info- ONLY  economic performance from 2005-2014

– 20% plagiarism- spacing 1.5 with font size 12 using arial font style . 2000 WORD counts and at least 10 apa referencing 

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Economics

I need an expet in macroeconomic 

i have homework assignments on mindtap

 

please if you are perfect in economics and already know mindtap and how to acsses send me back

 

I don’t want you to send me long massages.

 

i want just just two things  I will provide good work and I konw how mindtap work. 

 

if you don’t know what mindtap is pleases don’t reply me

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economics

Assignment 3: Long-Term Investment Decisions
Due Week 9 and worth 300 points

Assume that the low-calorie frozen, microwavable food company from Assignments 1 and 2 wants to expand and has to make some long-term capital budgeting decisions. The company is currently facing increases in the costs of major ingredients.

Use the Internet and Strayer databases to research government policies and regulation.

Write a six to eight (6-8) page paper in which you:

  1. Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products response to a change in price less elastic. Provide a rationale for your response.
  2. Examine the major effects that government policies have on production and employment. Predict the potential effects that government policies could have on your company.
  3. Determine whether or not government regulation to ensure fairness in the low-calorie, frozen microwavable food industry is needed. Cite the major reasons for government involvement in a market economy. Provide two (2) examples of government involvement in a similar market economy to support your response.
  4. Examine the major complexities that would arise under expansion via capital projects. Propose key actions that the company could take in order to prevent or address these complexities.
  5. Suggest the substantive manner in which the company could create a convergence between the interests of stockholders and managers. Indicate the most likely impact to profitability of such a convergence. Provide two (2) examples of instances that support your response.
  6. Use at least five (5) quality academic resources in this assignment. Note: Wikipedia does not qualify as an academic resource.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Propose how differences in demand and elasticity lead managers to develop various pricing strategies.
  • Analyze the economic impact of contracting, governance and organizational form within organizations.
  • Use technology and information resources to research issues in managerial economics and globalization.
  • Write clearly and concisely about managerial economics and globalization using proper writing mechanics.

Click here to view the grading rubric.

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Economics

Part I:

One duty of a financial manager is to choose investments with satisfactory cash flows and rates of return.  Therefore, a financial manager must be able to decide whether an investment is worth undertaking and be able to choose intelligently between two or more alternatives. To do this, a sound procedure to evaluate, compare, and select projects is needed. This procedure is called capital budgeting.

Virtually all general managers face capital-budgeting decisions in the course of their careers.  The most common of these is the simple “yes” versus “no” choice about a capital investment.  Regardless of the type of project, however, certain principles of capital budgeting should always be considered. The most important of these principles are:

·         Focus on cash flows, not profits. 

·         Focus on incremental cash flows. 

·         Account for time. 

·         Account for risk. 

Write an essay discussing the meaning and importance of each of these principles as they apply to capital budgeting. Evaluate the importance of each principle and discuss the consequences of ignoring any of these principles.

You must use a minimum of 3 scholarly sources to support your discussion.

Part II:

A private school is considering the purchase of six school buses to transport students to and from school events. The initial cost of the buses is $600,000. The life of each bus is estimated to be five years, after which time the vehicles would have to be scrapped with no salvage value. The school’s management team has derived the following estimates for annual revenues and cost for the next five years.

 

Year 1

Year 2

Year 3

Year 4

Year 5

Revenues

$330,000

$330,000

$350,000

$380,000

$400,000

Driver costs

$33,000

$35,000

$36,000

$38,000

$40,000

Repairs & maintenance

$8,000

$13,000

$15,000

$16,000

$18,000

Other costs

$130,000

$135,000

$140,000

$136,000

$142,000

Annual depreciation

$120,000

$120,000

$120,000

$120,000

$120,000

The buses would be purchased at the beginning of the project (i.e., in Year 0) and all revenues and expenditures shown in the table above would be incurred at the end of each relevant year.

Because schools are exempt from taxes, the school’s corporate tax rate is 0 percent. A business consultant has advised management that they should use a weighted average cost of capital (WACC) of 10.5 percent to evaluate this project. 

·         Prepare a table showing the estimated net cash flows for each year of the project. Explain all steps involved in your calculation of the Year 1 estimated net cash flow.

·         Calculate the project’s Payback Period. Explain in your own words, all steps involved in the calculation process.

·         Calculate the project’s Internal Rate of Return (IRR). Explain in your own words, all steps involved in the calculation process.

·         Calculate the project’s Net Present Value (NPV). Explain in your own words, all steps involved in the calculation process.

Which is the three evaluation techniques that you computed (i.e., payback period, IRR and NPV), should the firm use to make its decision of whether or not to accept this project? Why? Is one of these techniques better than the others and if so, why?

Finally, what are some risk factors inherent in this capital budgeting analysis? That is, make a list of at least three items that could cause the outcome of this project to be substantially worse than management currently expects (as reflected in their revenue and cost estimates, WACC estimate, etc.).  Fully explain each of the risk factors you identify.

 

Length: 4-5 pages not including title page and references

 

Your response should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.

 

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Economics

Economics: Price theory – use Browning and Zupan for reference

The main idea of the assignment is to find a contemporary article in the business press and show that it is an example of a topic that we covered in class (it can be from the web, a newspaper, a business magazine or journal, etc.)  The article should not be about the topic itself.  For example, you could use an article about the government’s antitrust case against a corporation, but you could not use an article about the concept of monopolies in general, since you can read about that in Browning and Zupan anyway.   More specific instructions are below.

 

 

1.     I1- I want the article you use to be relatively recent, so the article you use should be dated June 2015 or after.  Be sure     to acquire a printed copy of the article and turn it in with your paper.  Make sure it includes the date and the source       that it came from.

 

2.     I2- In your paper, make sure you answer these questions:

a.     What is the article about? (Summarize it for me.)

b.     What topic in price theory is applicable to the article? 

c.     What did I say about this topic in class that relates to the article?

(It doesn’t have to be an exact quote.) 

Alternatively, what did Browning and Zupan say about it? (Include page numbers if citing the text.)

d.      Does price theory provide insight into the situation?  If so, how?  If not, why not?

3.     I3- I don’t like to assign a specific length for the paper.  I am expecting it to be 3-4 pages.

 

This is a writing assignment, so writing counts.  Other criteria include your ability to integrate what was taught in the classroom with a real-world situation, and, to a lesser extent, your originality in choosing the article and application of price theory. USE MICROECONOMICS: THEORY AND APPLICATIONS

 

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Economics

Economics

(Textbook)

Economics Today

Seventeenth Edition

Roger LeRoy Miller

Research Professor of Economics University of Texas–Arlington

 

Weekly Review week1 ( 3 & 19)

(1a-c) What did you learn? Why is it important? How do the Economics concepts we just covered impact the economy, you and your family, your friends and your employer?

1.     Select the top ten (10) most important ideas / concepts you learned in chapters 3 & 19 of your textbook.

2.     Number your list and write a three to four sentence explanation of why each idea / concept is important to you and how it affects your life.

Weekly Review week 3 (chapters 25 & 26)

(1b, 2a) What did you learn? Why is it important? How do the Economics concepts we just covered impact the economy, you and your family, your friends and your employer?

1.     Select the top ten (10) most important ideas / concepts you learned in chapters 25 & 26 of your textbook.

2.     Number your list and write a three to four sentence explanation of why each idea / concept is important to you and how it affects your life.

Weekly Review week 4 ( 27 & 28)

(1b, 2b) What did you learn? Why is it important? How do the Economics concepts we just covered impact the economy, you and your family, your friends and your employer?

1.     Select the top ten (10) most important ideas / concepts you learned in chapters 27 & 28 of your textbook.

2.     Number your list and write a three to four sentence explanation of why each idea / concept is important to you and how it affects your life

These do not have to be long answers these are three separate extra credit assignments. they can be one page each

 

 

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economics

must submit before tomorrow 1 pm.

the attachments are my slides and research proposal.  The below is what my teacher’s feedback after he read my proposal. so do some improvements with my slides depends on my teacher’s feedback.

 

my teacher’s feedback:

Overall, good job reading the literature. Your specific research question listed on the title page is still a bit too broad. You should focus on either CEO compensation or corporate tax rates, or clarify a specific relationship between the two. 

 

You have other smaller research questions embedded throughout the paper. For instance, you ask “what effect does CEO compensation have on business performance?” That is a reasonable question, and would require differentiating between whether business performance drives CEO compensation, or whether better compensated CEOs drive better business performance. 

 

You also note that CEO’s increase pay and boost profits through corporate tax avoidance. You could propose to measure the effects of corporate tax avoidance on specific economic indicators (GDP growth, government revenue, employment rates, public goods, etc. – pick 1-3, not all).

 

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Economics

Economics

Disscussion Questions

2b) Social regulation is undertaken with the intention of improving the quality of life. The agencies most people are familiar with include: the Food & Drug Administration (FDA); the Equal Employment Opportunity Commission (EEOC); the Occupational Safety & Health Administration (OSHA); the Environmental Protection Agency (EPA); and the Consumer Product Safety Commission (CPSC).

 

·         Select one of the social regulatory agencies that you feel has affected your life. Explain why you chose this agency and what the impacts to you have been. Do you consider the impact to be positive or negative? Why?

·         For the agency you selected, do an Internet search to find a specific example of an action this agency took regarding a specific situation or product. Write a summary of what you found “in your own words” and include the exact URL so we can all visit the webpage. Use quotation marks if any content is used directly from the outside source.

·         Opponents to regulation dislike government involvement in the markets. Should the government be involved in social regulation? Why or why not?

Summary

In The News: Antitrust laws were passed to encourage and promote market competition among firms within an industry because competitive markets are thought to better serve consumers. These laws serve to level the playing field between the business and the consumers by controlling or limiting business behavior in terms of pricing ability, etc.

The anti-trust laws and their application are better understood within the context of their intended purpose and circumstances. This also implies that the laws will be enforced differently over time as the interpretation of such phrases as “substantially reduce competition” or “restraint of trade” contained in the laws changes.

 

1.     Go to the Antitrust Case Browser.

2.     Read through a few of the cases and report on your favorite case.

·         Explain (in your own words) what happened in the case you chose.

·         Why did you find the case interesting?

·         Did the case seem fair, reasonable and serve the interests of the consumer?

·         If you were asked to decide the case, what if anything would you have done differently? Why?

Write a 1-2 page summary of the information and also explain how it relates to what you have just learned

 

Weekly review

What did you learn? Why is it important? How do the Economics concepts we just covered impact the economy, you and your family, your friends and your employer?

1.     Select the top ten (10) most important ideas / concepts you learned in chapters 27 & 28 of your textbook.

2.     Number your list and write a three to four sentence explanation of why each idea / concept is important to you and how it affects your life.

 

 

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Economics

Your assignment is to write a five paragraph expository paper

 Topic: One of the few things most economist agree upon is that free trade benefits all ·

parties that are involved. However, some argue that free trade leads to environmental 

degradation. Explain why free trade could actually help the environment.

 Reading Chapter 15 may be helpful towards this assignment·

 The body of your paper should be no more than 3 pages.·

 Your assignment must be typed double spaced. (APA Format)·

 Failure to follow APA format will result in a 10% reduction in your score·

 One inch margins all around the page.·

 Font 12, Times New Roman or Arial ONLY.·

 You must have a Cover Page and a References page as requested in APA (abstract is ·

optional)

 

Link to APA reference website

https://owl.english.purdue.edu/owl/

Examples of College Level Writing

http://www.mdc.edu/asa/faculty/college_level_writing.asp

Examples of not College Level Writing

http://www.mdc.edu/asa/faculty/not_college_level_writing.asp

Gordon Rule Rubric

http://www.mdc.edu/asa/student/

 

 

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Economics

TaskStream Assignment

 

 

 

1. Price ceilings, in the form of rent ceiling, or price floor, in the form of minimum wage, appear to be good initiatives from the government to promote the welfare (well-being) of all.  Explain how these price ceilings and price floor work and what they are intended to accomplish.  Discuss the possible benefits or drawbacks of these policies in a small essay (10 to 15 sentences), and include a list of your sources (references).

 

 

2. It is believed that a single firm operating in perfect competition would only earn zero economic profit in the long run while a firm operating in pure monopoly may maintain an economic profit; why should the market outcome be different in these cases?  Explain in 6 sentences.

 

 

3. Promoting competition is broadly accepted as a tool to promote consumers’ well-being. Discuss some of the benefits of competition compared to monopoly. What could be some of the drawbacks of competition? Explain in 6 sentences.

 

 

4. Let’s consider two smokers A and B who, following a 20%decrease in the price of cigarettes, increase their smoking by 6% and 30% respectively.  

 

a) What is the price elasticity of demand for each consumer? Show all the steps of your calculation to get full credit 

__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

 

 

 

 

 

 

b) Are A’s and B’s consumptions of cigarettes elastic or inelastic? Whom you think is the 

occasional smoker and who is the regular smoker (that is, dependent on smoking)? Explain clearly in 2 or more sentences. 

____________________________________________________________________________________________________________________________________________________

__________________________________________________________________________ 

____________________________________________________________________________________________________________________________________________________ 

 

c) Suppose that for a consumer the price elasticity of demand for cigarettes is equal 1.5. How big will the increasein cigarettes consumed be following a 16 percent decrease in cigarettes’ prices? Show all the steps of your calculation to get full credit. 

__________________________________________________________________________ 

____________________________________________________________________________________________________________________________________________________ 

__________________________________________________________________________ 

 

d) If you are seller of cigarettes, and you realize that when you lower your price by 24%, your quantity sold are increased by 8% in one market and by 36% in the other market, in which market would your total revenue increase or decrease?  Explain, that is, show all the steps that lead to your conclusion.

______________________________________________________________________________ 

______________________________________________________________________________ 

______________________________________________________________________________ 

______________________________________________________________________________

______________________________________________________________________________ 

___________________________________________________

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Economics

As an employee of the World Bank, you have been asked to research 1 economic concern in a South American country and write a report on your findings.

·         Select a South American country to research.

·         Select one of the following economic concerns to research:

o    quantities of specific goods and services

o    Gross Domestic Product (GDP)

o    unemployment

o    inflation

·         Research data sets for the one economic concern within the South American country that you have chosen.

·         In a 3–4 page report, answer the following questions:

o    What are 2–3 relationships between the economic concern you selected and that specific country’s economy?

o    What trends do you see in the data sets?

o    Support your assertions of the trends with statistical evidence.

o    Cite all of your sources correctly and include a reference list, both in APA style.

 

 

 

Please no plagiarism! It will be turned in to TurnItIn first! It doesn’t have to be written super fancy, just written well. 

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Economics

Word Limit 2500 words (excluding appendix and reference list)

 

Refer to the Journal Article Attached as a guide on how to report the results of the data analysis.

 

Use SPSS OR STATA as the preferred software for data analysis.

 

The deadline for this assignment is 25th November 2016, 5 pm (GMT)

 

Please RESPOND if you can comfortably handle this paper. Jokers and time for trial and error is not allowed!!

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Economics

need in word format..

due date 24/09/2014 …Australian timings..20:00pm

plagiarism free

references for the assignment and also  the reference for the article choosen.

 

            

                                   

              Economics for Business

                           

 

Topics for Assignment: Choose any 1 best topic:

 

 

·        GDP- Compare Australia with any other economy  and discuss their GDP last 2 to 5 years and factors affecting their GDP

 

·        Inflation – Compare Australia with any other country from the list which includes Germany, UK, USA,

China, India, Japan, Korea, Indonesia and discuss inflation and causes of inflation and the various governments policy on inflation.

 

·        Monetary Policy – Discuss Australia’s Monetary policy during last 3 to 5 years. What are its affects and its problems on Australian Economy?

 

·        Carbon Tax/Emission Trading scheme – Compare Australia with one of these countries or group of countries like Europe, USA and China/India and discuss the similarities or differences in ETS and its affect on the economy.

 

·        Economic Growth – Compare Australia with any other advanced economy or developing country and discuss their economic growth during last 5 years and its effects on the society. (both positive and negative) 

 

·       Australian Budget in May for 2014. Discuss the various aspects of expenditure and revenue in the budget. Comment on various stakeholders’ reaction to this budget like Businesses, Consumers, Employees, Social welfare groups and Industry etc.

 

 

 

 

 

Structure of the Essay

 

·        Introduction – which topic 300 words

·        Body-   Discuss the topic from your secondary research with some theory -2500 words

·        Conclusion 200 words

 

Note=

·        Better marks for those groups who have collected and analysed secondary data effectively and applied the various economic theories/models.  

·        You need articles between 4 to 6 from media (written by Uni Professors, Business leaders, Journalists, Government agencies like RBA/ABS/ACCC, or any other stakeholders in the industry) on your topic to write a decent assignment.

·        Some graphs and charts are required to support your analysis.  

 

·        You need to give Reference with your assignment. (4 to 6) 

 

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Economics

 

Length: about 1500-2000 words each question

 

4000 words in total

 

Analytical essays.

 

ESSAY TOPIC 1:

 

Consider the following issues in the context of materials presented in chapters 3 and 4 (i.e. Demand and supply, and Elasticity).
In the recent Australian budget the coalition Government has announced deregulation of the higher education sector with a view to make the sector globally competitive. The deregulation will result in the allocation of Commonwealth supported undergraduate places not only to the university sector but also to TAFEs and private providers from 2016. The deregulation will also allow the Australian universities and other providers of higher education to set their own fees. In the context on this development you are asked to answer following questions.
Discuss the impact of deregulation on:
(a) Demand for undergraduate courses offered by the Australian universities. Use demand curve to show the impact. Also, discuss if the impact will be the same in all universities regardless of their location (such as regional vs urban).
(b) Based on your answer in part (a) discuss what will happen, in the short-term, if the aggregate supply of undergraduate places (offered by the university sector) does not change.

ESSAY TOPIC 2:

 

 Q2. Consider this question in the light of materials presented in chapters 12 and 13 (i.e., Consumer choices and constraints, and Producers’ choices and constraints).

 

You are a senior business analyst at the Australian Automotive Industry and have been asked to investigate the viability of the following statement in the context of the decision to cease the production of passenger motor vehicles in Australia.

 

 “Increased availability of a large number of imported passenger motor vehicles,small size of Australian market and the high cost structure of the economy are the root causes for the collapse of the Australian automotive industry”.

 

Your task is to write a policy oriented report using the concepts of consumer choices and constraints, and producers’ choices and constraints.

 

You may find the following case studies entitled ‘Produce More to cut cost (page 297 of the textbook, chapter 13) of some help.

 

 

 

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Economics

Please be sure to include references….

Imagine you need to prepare Pat Shoo-In for another debate by preparing a briefing paper for Pat on two of the topics listed below.  In preparation for the debate, Pat has instructed you to evaluate both the advocates’ positions and the opponents’ positions (those who oppose the positions).  

Your briefing paper should be 1,000- to 1,100 words and should include an introduction and a conclusion.  The message, Thesis Statements, Introductions, and Conclusions, which is posted as a Class Message, provides information on writing thesis statements, introductions, and conclusions. 

Use the bolded words/phrases shown below as first-level headings for your paper.  Your paper should evaluate two of the following:

  • Using active monetary and fiscal policy to promote economic growth/expansions and to reduce the duration and severity of recessions/contractions. (Hint: See the National Bureau of Economic Research web page at http://www.nber.org/cycles/main.html)  Provide real-world examples and statistics to support your contentions.
  • Using automatic stabilizers (such as unemployment insurance and a progressive income tax) to reduce the duration and severity of recessions/contractions.  Provide real-world examples and statistics to support your contentions.
  • Taking monetary policy decision-making authority from the Federal Reserve and placing that authority into the hands of Congress and the President.  Provide real-world examples and statistics to support your contentions.
  • Reducing the Federal government’s discretionary powers over the Federal budget by requiring a balanced Federal government budget. Provide real-world examples and statistics to support your contentions.
  • Income Inequality.  Should the Federal government foster a more equal distribution of income?  If so, why?  If so, how?  If not, why not?  Provide real-world examples and statistics to support your contentions.
  • Trade Restrictions and Jobs.  Should the Federal government pass trade restrictions or other measures to bring jobs that have been offshored back to the U.S.  Provide real-world examples and statistics to support your contentions.
  • Zero-inflation target.  Provide real-world examples and statistics to support your contentions.
  • Tax incentives for saving.  Provide real-world examples and statistics to support your contentions.

In your conclusion, your should: (1) discuss which positions you support, (2) defend your positions, and (3) discuss whether your positions on the two issues are consistent or contradictory. 

Cite a minimum of three peer-reviewed sources not including our textbook (Mankiw).  Appropriate sources could include the National Bureau of Economic Research (information on economic fluctuations), the Federal Reserve (information on monetary policy), the Congressional Budget Office (information on fiscal policy), and the Council of Economic Advisors (information on fiscal policy). 

Lastly, you need to format your report consistent with APA guidelines and click the Assignment Files tab to submit your report.  Good luck!

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Economics

 

Length: about 1500-2000 words each

 

Analytical essays.

 

ESSAY TOPIC 1:

 

Consider the following issues in the context of materials presented in chapters 3 and 4 (i.e. Demand and supply, and Elasticity).
In the recent Australian budget the coalition Government has announced deregulation of the higher education sector with a view to make the sector globally competitive. The deregulation will result in the allocation of Commonwealth supported undergraduate places not only to the university sector but also to TAFEs and private providers from 2016. The deregulation will also allow the Australian universities and other providers of higher education to set their own fees. In the context on this development you are asked to answer following questions.
Discuss the impact of deregulation on:
(a) Demand for undergraduate courses offered by the Australian universities. Use demand curve to show the impact. Also, discuss if the impact will be the same in all universities regardless of their location (such as regional vs urban).
(b) Based on your answer in part (a) discuss what will happen, in the short-term, if the aggregate supply of undergraduate places (offered by the university sector) does not change.

ESSAY TOPIC 2:

 

 Q2. Consider this question in the light of materials presented in chapters 12 and 13 (i.e., Consumer choices and constraints, and Producers’ choices and constraints).

 

You are a senior business analyst at the Australian Automotive Industry and have been asked to investigate the viability of the following statement in the context of the decision to cease the production of passenger motor vehicles in Australia.

 

 “Increased availability of a large number of imported passenger motor vehicles,small size of Australian market and the high cost structure of the economy are the root causes for the collapse of the Australian automotive industry”.

 

Your task is to write a policy oriented report using the concepts of consumer choices and constraints, and producers’ choices and constraints.

 

You may find the following case studies entitled ‘Produce More to cut cost (page 297 of the textbook, chapter 13) of some help.

APA 6th referencing

Intext citation

 

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Economics

1.     Revenue structure:  Why does the demand curve facing each individual producer (firm) normally slope downward?

 

2.     Revenue structure:  Why does marginal revenue for an individual producer normally decline as output (sales) increases?

 

3.     Profit maximization:  Explain why profit maximization for an individual firm normally occurs at the quantity output that equates marginal cost and marginal revenue.

·       

 

4.     Adjustment mechanism:  What is likely to occur if the typical firm in an industry receives economic profits, and why?

 

5.     Supply Equilibrium:  What is meant by equilibrium on the supply side?

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Economics

Consider your last vehicle purchase and the decision making process you engaged in while deciding what vehicle to purchase or if a new vehicle was the right decision. While analyzing your decision, keep in mind that everything from the interest rates to the price of gasoline is driven by the economy in one way or another.

Develop a 1,400-word analysis of your decision-making process in which you include the following:

  • Discuss the role of the interest rate and the cost of financing on your purchase decision. Interest rates are derived from the supply and demand for money and the actions of the Federal Reserve System. What was the rate of interest you paid on your vehicle loan? Were interest rates rising or falling at the time of your decision?
  • Examine the influence of gasoline prices on the choice of vehicle you selected. Gasoline prices rise and fall dramatically based on economic supply of and demand for crude oil. When gasoline prices are low, Americans buy larger, heavier autos, SUV’s and pick-up trucks. When gas prices are high, Americans purchase more compact and fuel efficient vehicles. When you purchased your last vehicle, were crude oil and gasoline prices rising or falling?
  • Discuss the following in regard to your household at the time of your purchase:
    • Were you employed?
    • Was the economy growing or contracting (recession)?
    • If you were employed, did you take into consideration the risk that you might lose your job if a recession occurred during the period of your loan pay-back?

A basic assumption of consumers making purchases of large items requiring financing is that their household cash flow will be adequate to cover the monthly loan payments. For most Americans, this also means assuming continuation of their present wages. But many jobs are sensitive to rises and falls in the business cycle, as witnessed by the 10% unemployment rate of the past “Great Recession.”

Evaluate the financial trade-offs made when making your purchase. This includes lower maintenance costs for a newer vehicle versus a car payment and higher insurance among other factors.

  • Discuss the influence of any of these Federal or state level programs on your decision to purchase a vehicle; or if these did not factor into your decision, explain why or why not:
    • Buying fuel efficient vehicles such as Flex fuel, hybrids and electrics
    • Converting existing vehicles to use alternative fuels (Flex fuel)
    • Removing old, fuel inefficient, and high polluting vehicles from the highways
  • Explain the influence of environmental factors such as emissions and health concerns on your decision.
  • Discuss the ways in which your purchase illustrates one piece of the circular flow model of economic activity. What are the other parts?
  • Develop conclusions about the economy’s influence on personal and business decision making such as purchases, investments, and so forth.

Cite a minimum of three peer reviewed sources.

Format your paper consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

 

I leased a 2016 Honda Accord in January of this year. I went with a lease over purchase to avoid getting stuck with a car. I when my lease is up I would like to purchase a truck. I did consider MPG because I do drive 20miles one way to work. So that was also a deciding factor. I did not take into consideration me losing my job when I leased my vehicle. I also like the fact that a new car has a warranty that would cover any probelms the vehicle might have. 

 

Use the grading rubric attached. 

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economics

Details: In the textbook, there are two circular flow diagrams: One that represents the flows in the macro-economy as a closed system and one that represents the flows as an open system. Review the diagrams and write a three to five page length paper that:

•Defines and explains a closed system and provides an example.
•Defines and explains an open system and provides an example.
•Explains the inner and outer flows of a closed system.
•Explains the inner and outer flows of an open system.
•Defines and explains leakages in an open system.
•Defines and explains injections in an open system.
•Provides a personal example of a leakage, describes it and explains it.
•Provides a personal example of an injection, describes it and explains it.

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Economics

Choose any One of the topics from the following list:

 

·        Scarce resources- which resource and in which country/industry and what are being done in the industry or country  

 

·        Micro economics – study of individual behaviour – individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry from this list and discuss the reforms been done in that industry.  

 

·        Gains from trade – increased production and becoming specialised in certain industries. Australia or any other country

 

·        Comparative advantage/Absolute advantage of any country in any industry and why/how  

 

·        Demand and supply of certain resources or services in Australia and factors other than price which affect demand and supply

 

·        Costs of production (Fixed costs, Variable costs, Marginal costs etc)

In any one industry in Australia or overseas.  

 

·        Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in Australia.

 

 

 

 

 

 

 

 

 

 

 

Structure of the Essay

 

·        Introduction – which topic 200 words

·        Body- Discuss the topic in the article and with some theory -700 words

·        Conclusion 100 words

 

Note=

         Need to show 2 to 3 articles from the following sources by Week 4 so that right article/topic can be chosen for your essay.

         More marks for research – choosing a good article on something specific topic from the above list

         There is no need to explain the theory/concepts in the essay on its own

 

         More marks for application and your comments on the topic

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Economics

Choose any One of the topics from the following list:

 

·        Scarce resources- which resource and in which country/industry and what are being done in the industry or country  

 

·        Micro economics – study of individual behaviour – individual industry like education, meat industry, tourism and agriculture. Choose any ONE industry from this list and discuss the reforms been done in that industry.  

 

·        Gains from trade – increased production and becoming specialised in certain industries. Australia or any other country

 

·        Comparative advantage/Absolute advantage of any country in any industry and why/how  

 

·        Demand and supply of certain resources or services in Australia and factors other than price which affect demand and supply

 

·        Costs of production (Fixed costs, Variable costs, Marginal costs etc)

In any one industry in Australia or overseas.  

 

·        Market structures like Monopoly, Duopoly, Oligopoly and Monopolistic competition in Australia.

 

 

 

 

 

 

 

 

 

 

 

Structure of the Essay

 

·        Introduction – which topic 200 words

·        Body- Discuss the topic in the article and with some theory -700 words

·        Conclusion 100 words

 

Note=

         Need to show 2 to 3 articles from the following sources by Week 4 so that right article/topic can be chosen for your essay.

         More marks for research – choosing a good article on something specific topic from the above list

         There is no need to explain the theory/concepts in the essay on its own

 

         More marks for application and your comments on the topic

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economics

Your organization’s CEO is concerned that members of the strategic planning committee are not familiar with current economic thought and principles. The CEO has assigned you the task of developing an 875-word report to introduce some of these thoughts and principles. Use Chapters 1, 2, 3, 4, 5, 6 and 7 in Principles of Macroeconomics as your only source. 

Explain the following information in your report to members of the strategic planning committee:

  • How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources
  • Using the circular flow model, explain the flow of money and goods in an economy.
  • How the economy coordinates society’s independent economic actors
  • A country’s gross domestic product (GDP) and how it is defined and calculated
  • How the consumer price index (CPI) is constructed and why it is an imperfect measurement of the cost of living

 

Format consistent with APA guidelines.

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Economics

Analyzing and understanding data is an important part of decision making. Econometrics is defined as the statistical methods used to analyze data and make informed decisions. For this assignment, you are required to research data related to an economic issue or situation relevant to your organization or a business organization in general. Use the Bureau of Economic Analysis websiteto choose data for this assignment. In addition, review the articles in Topic Materials relating to econometrics. Analyze the data you have selected to determine how to use them to make appropriate economic decisions for an organization. As you are analyzing the data, apply econometrics methods (linear regression, statistical mathematics, nonlinear regression, or another relevant model) to validate data and determine strategies and solutions for the economic data retrieved. Please review the “Sample Econometrics Problem” resource to assist you in completing this assignment.

Write a summary (500-750 words) to discuss your data findings and the proposed solutions generated based on applying econometrics and analyzing the data. You are required to submit the selected data, methods for testing and validating data, and the economic decisions you have established based on analysis of the data.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

You are required to submit this assignment to Turnitin.

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economics

I’d
 l ike 
you 
to 
write 
a 
short 
essay 
to 
apply 
the 
economic
 concepts 
to
 a
 current 
affair.
Any 
current  
affair would   
be
fine.
The
 concepts
 you 
can
 choose 
from 
include,
but
 not
 limited 
to
 opportunity
 cost,
marginal
analysis,
efficiency,
market
failure,
diminishing
 marginal
utility,
diminishing
marginal
return,
externality,
public
good,
prisoner
 dilemma,
averse
selection,
moral
hazard,
etc.


 

The
 construction 
of
 the
 paper 
is 
as 
follows:

Section
1:
description 
of 
the 
current 
affair

Section
2:
the 
analysis
 of 
applying
e conomic
 concept s
in 
the 
current 
affair

Section
3:
any
s uggestions,
 comments,
 recommend ations 
for 
the 
issue 
discussed

 

pefer 2011 and onward related issues, NO WIKIPEDIA , must cite all sources 

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Economics

Economists and environmentalists are often on opposite sides of the debate when discussing the impacts caused by human interaction. As discussed in your readings, when developing an Environmental Impact Statement (EIS), the direct and indirect economic impacts are heavily considered. Should economic factors ever single handedly prevent or permit a project? Why or why not? Additionally, within your post, make sure to discuss which of the various components of economics discussed in Chapter 7 you believe are the most important when conducting an EIS and detail why you feel this way.

Your initial post should be at least 250 words in length. Properly cite any references in APA format

ATTACHED ARE THE REQUIRED TXT THAT MUST BE USED FOR AT LEAST ONE REFERENCE.

ALSO ATTACHED AT THE END OF THE CHAPTERS IS WHAT IS NEED TO COMPLETE THE ASSIGNMENT CORRECTLY.

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Economics

Homework

Question: What is the “current macroeconomic situation” in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?

  1. Write your individual answers to the questions listed above together in essay format (minumum of 500 words combined in APA style), using correct economic terms covered in the discussions. If you only write 500 words, you probably won’t be able to fully answer the questions. Use the APA Template in Doc Sharing as a guide. You will also find the grading rubric for this assignment in Doc Sharing.
  2. Key concepts to include in your paper–data trends on unemployment, inflation, GDP growth, expansionary fiscal policy tools, FOMC, easy money policy tools and other terms from this class.
  3. You must use at least one article. Note: The textbook is not an article and cannot be the only source for the assignments. Use the DeVry Library as a resource for finding your references.

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Economics

China is a manufacturing superpower. Assume that you are CFO of an automobile manufacturer looking to build a $U.S.800 million plant in China. You are discussing this project with your spouse, who is intelligent, but has no background in finance.

1. Your discussion should begin with a clear and logical step-by-step explanation of the theory behind the concept of “required return” on proposed capital investments. Explain how cost of equity, cost of debt, WACC, and allowances for various risk factors are involved in determining the “required return” on proposed international capital investments.
 
2. Discuss each of the main risk factors that should be allowed for in addition to WACC in order to determine the appropriate required return on this capital investment opportunity. 
 
3. Make a reasonable estimate of the required return, starting with a 12% weighted average cost of capital for the U.S. auto manufacturer, and adding reasonable estimated percentages for each of the separate risk elements you can foresee. 

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Economics

  1. What was Disposable Income (DI) for 2009?
    1. What does Disposable Income consist of?
    2. How did DI change from 2008?
    3. What caused these changes?

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