Category Archives: Economics

Help-Economics Questions


Help-Economics Questions

Suppose we have an economy with three individuals, each with the following utility functions and budget constraints:

Person 1: u(X1, X2) = X10.25 * X20.75 subject to 4X1 + 2X2 = 50

Person 2: u(X1, X2) = X10.5 * X20.5 subject to 4X1 + 2X2 = 75

Person 3: u(X1, X2) = X10.75 * X20.25 subject to 4X1 + 2X2 = 100

  1. For each individual, graphically depict the utility maximizing allocation of X1 and X2.
  2. What is the total social welfare in this economy using a Utilitarian social welfare function?

Who is the worst-off person in this society?

  1. Suppose the government wants to increase social welfare and taxes the most well-off person $25 and redistributes that income to the worst-off person.
  2. Depict how the utility maximizing decision changes for each person in the economy under this scenario.
  3. Discuss the relative magnitudes of the income and/or substitution effects due to the policy.

iii. How has social welfare changed as a result of the policy?

Help-Economics Questions

Need Help


Need Help

  • There is one required question you must answer
  • You must also answer 3 out of 7 additional questions
  • Each response is limited to a maximum of 350 words
  • Which three questions you choose to answer are up to you: But you should select questions that are most relevant to your experience and that best reflect your individual circumstances.

Keep in mind

  • All questions are equal: All questions are given equal consideration in the application review process, which means there is no advantage or disadvantage to choosing certain questions over others.
  • There is no right or wrong way to answer these questions:  It’s about getting to know your personality, background, interests and achievements in your own unique voice.

Questions & guidance

Remember, the personal questions are just that — personal. Which means you should use our guidance for each question just as a suggestion in case you need help.  The important thing is expressing who are you, what matters to you and what you want to share with UC.

 

Required question

Please describe how you have prepared for your intended major, including your readiness to succeed in your upper-division courses once you enroll at the university.

Things to consider: How did your interest in your major develop? Do you have any experience related to your major outside the classroom — such as volunteer work, internships and employment, or participation in student organizations and activities? If you haven’t had experience in the field, consider including experience in the classroom. This may include working with faculty or doing research projects.

If you’re applying to multiple campuses with a different major at each campus, think about approaching the topic from a broader perspective, or find a common thread among the majors you’ve chosen.

 

Choose to answer any three of the following seven questions:

  1. Describe an example of your leadership experience in which you have positively influenced others, helped resolve disputes, or contributed to group efforts over time.  

    Things to consider:A leadership role can mean more than just a title. It can mean being a mentor to others, acting as the person in charge of a specific task, or taking lead role in organizing an event or project. Think about your accomplishments and what you learned from the experience.  What were your responsibilities?

Did you lead a team? How did your experience change your perspective on leading others? Did you help to resolve an important dispute at your school, church in your community or an organization? And your leadership role doesn’t necessarily have to be limited to school activities.  For example, do you help out or take care of your family?

2. Every person has a creative side, and it can be expressed in many ways: problem solving, original and innovative thinking, and artistically, to name a few. Describe how you express your creative side.

Things to consider:  What does creativity mean to you? Do you have a creative skill that is important to you? What have you been able to do with that skill? If you used creativity to solve a problem, what was your solution? What are the steps you took to solve the problem?

How does your creativity influence your decisions inside or outside the classroom? Does your creativity relate to your major or a future career?

3. What would you say is your greatest talent or skill? How have you developed and demonstrated that talent over time?  

Things to consider: If there’s a talent or skill that you’re proud of, this is the time to share it. You don’t necessarily have to be recognized or have received awards for your talent (although if you did and you want to talk about, feel free to do so). Why is this talent or skill meaningful to you?

Does the talent come naturally or have you worked hard to develop this skill or talent? Does your talent or skill allow you opportunities in or outside the classroom? If so, what are they and how do they fit into your schedule?

4. Describe how you have taken advantage of a significant educational opportunity or worked to overcome an educational barrier you have faced.

Things to consider: An educational opportunity can be anything that has added value to your educational experience and better prepared you for college. For example, participation in an honors or academic enrichment program, or enrollment in an academy that’s geared toward an occupation or a major, or taking advanced courses that interest you — just to name a few.

If you choose to write about educational barriers you’ve faced, how did you overcome or strived to overcome them? What personal characteristics or skills did you call on to overcome this challenge? How did overcoming this barrier help shape who are you today?

5. Describe the most significant challenge you have faced and the steps you have taken to overcome this challenge. How has this challenge affected your academic achievement?

Things to consider: A challenge could be personal, or something you have faced in your community or school. Why was the challenge significant to you? This is a good opportunity to talk about any obstacles you’ve faced and what you’ve learned from the experience. Did you have support from someone else or did you handle it alone?

If you’re currently working your way through a challenge, what are you doing now, and does that affect different aspects of your life? For example, ask yourself, “How has my life changed at home, at my school, with my friends, or with my family?”

6. What have you done to make your school or your community a better place?  

Things to consider: Think of community as a term that can encompass a group, team or a place – like your high school, hometown, or home. You can define community as you see fit, just make sure you talk about your role in that community. Was there a problem that you wanted to fix in your community?

Why were you inspired to act?  What did you learn from your effort? How did your actions benefit others, the wider community or both? Did you work alone or with others to initiate change in your community?

7. What is the one thing that you think sets you apart from other candidates applying to the University of California?

Things to consider: Don’t be afraid to brag a little. Even if you don’t think you’re unique, you are — remember, there’s only one of you in the world. From your point of view, what do you feel makes you belong on one of UC’s campuses? When looking at your life, what does a stranger need to understand in order to know you?

What have you not shared with us that will highlight a skill, talent, challenge, or opportunity that you think will help us know you better? We’re not necessarily looking for what makes you unique compared to others, but what makes you, YOU.

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Homework Hel-Econ


Homework Hel-Econ

Question & Answer 150 Words please ANSWER ON THIS FORM!!!!

 

 

Give an example of an opportunity cost that an accountant might not count as a cost. Why would the accountant ignore this cost?

 

 

 

 

 

Explain the difference between a firm’s revenue and its profit. Which do firms maximize?

 

 

 

Give an example of a government-created monopoly. Is creating this monopoly necessarily bad public policy? Explain.

 

 

 

How might advertising reduce economic well-being? How might advertising increase economic well-being?

 

 

 

 

What is the prisoners’ dilemma, and what does it have to do with oligopoly?

 

Homework Hel-Econ

 

 

 

 

Assignment Help:Elasticity of Demand-Microeconomics


Assignment Help:Elasticity of Demand-Microeconomics

Assignment       

 

In this Assignment, you will focus on marginal utility, Price Elasticity of Demand, and understanding the difference between Price Elasticity of Demand and Income Elasticity of Demand.

 

We all subconsciously assign “scores” to what we are considering to purchase, based on our expected level of “satisfaction” (Marginal Utility) with that purchase. When making simultaneous pairs of purchases, again we subconsciously compare the amount of “satisfaction” (Marginal Utility) that we will receive from the pair of purchases. To decide on the “ideal” combination of these two purchases, we expect that the last dollar we spend on each of the items will give us the “same” satisfaction per dollar (Marginal Utility per dollar). Further, we know that the MORE of an item that we get, the next one we get will give us LESS “satisfaction” Marginal Utility) than the last one gave us (the Law of Diminishing Marginal Utility). Using what you have learned about Marginal Utility and Marginal Utility per dollar, answer the following questions.

 

Questions

  1. Jane has been working all day, missing both her breakfast and lunch. Finally able to leave work, after being required to work a couple of hour’s overtime, she is starving. Jane has $20 in her pocket, so she stops at a local fast food restaurant and orders a grilled chicken sandwich (somewhat healthy) and fries (not so healthy). As she sits down to eat them, a Kaplan University student approaches her and tells her that she is doing a research project for her microeconomics course, and would like to ask Jane a few quick questions. Jane agrees and the student asks what “score” (Marginal Utility) from 1 to 100 would she give as her satisfaction level with the 1st sandwich and the 1st fries? After eating that order, Jane is still hungry and orders a second chicken sandwich and another fries. Again, the student asks Jane to give her new scores. Since Jane has not eaten all day, she is hungry enough to order a third round of food and again gives “scores” to the inquisitive student.

 

Below is the Kaplan student’s completed experiment tally sheet of Jane’s marginal utility “scores” and the calculation of her marginal utility per dollar, given that each sandwich costs $4.00 and each order of fries costs $2.00, along with her budget of $20. The student filled in the shaded cells based on Jane’s responses, then computed the values in the remaining cells. Using this information, answer the following questions:

 

 

  1. Is Jane maximizing her utility? Explain your reasoning and show any calculations.

 

 

  1. If Jane is not maximizing her utility, remembering the Law of Diminishing Marginal Utility, would she be better off to buy one less chicken sandwich and one more fry? Explain your reasoning and show any calculations.

 

  1. If Jane is not maximizing her utility with the original purchase combination, remembering the Law of Diminishing Marginal Utility, would she be better off buying just one more fry? Explain your reasoning and show any calculations.

 

  1. If Jane is not maximizing her utility with the original purchase, remembering the Law of Diminishing Marginal Utility, would she be better off buying one less fries and one more chicken sandwich? Explain your reasoning and show any calculations.

 

 

  1. Remembering the Learning Practice in Unit 3, in the year 107 WBCE (Way Before the Common Era) the Gondwanaland Chairman of Production reported that the gosum berry growers were able to meet an average demand of 700 barrels of gosum berries per month at an average a price of $70 per barrel.

In the year 108 WBCE the growers were plagued with a gosum berry bug infestation that reduced average output, causing production to fall to only 600 barrels per month, causing the price to rise to $84 per barrel. The following table shows the Chairman’s report:

 

Year (WBCE) Monthly barrels of gosum berries demanded Price per barrel
107 700 $70
108 600 $84

 

  1. Using the midpoint method, calculate the price elasticity of demand for Gondwanaland gosum berries. Explain what this price elasticity of demand means?

 

  1. What is the monthly average total revenue for year 107, and the monthly average total revenue for year 108? How do these numbers compare to each other?

 

Year (WBCE) Monthly barrels of gosum berries demanded Price per barrel Monthly average total revenue
107 700 $70
108 600 $84
Change in

average total monthly revenue

 

  1. Using your answer to part a. above, how could you have predicted this change in total monthly revenue?

 

  1. The Gondwanaland Chairman of Production reported that the new Altair chariots (most modern, horse drawn family chariot) had a PRICE elasticity of 3 and an INCOME elasticity of 2. The supply of these Altair chariots is elastic. Evaluate the following statements and explain why you think they are true, or false.

 

  1. A 20% increase in the price of the Altair chariot will cause the quantity demanded to fall by an astounding 60%.

 

  1. An increase in Gondwanaland consumers’ incomes will cause prices to rise, but the total quantity demanded will also increase.

Unit 4 Assignment: Elasticity of Demand

Name:                       

Course Number and Section: AB2240X

Date:                                     

 

 

General Instructions for all Assignments

 

  1. Unless specified differently by your course instructor, save this assignment template to your computer with the following file naming format: Course number_section number_Last_First_unit number

 

  1. At the top of the template, insert the appropriate information: Your Name, Course Number and Section, and the Date

 

  1. Insert your answers below, or in the appropriate space provided for in the question. Your answers should follow APA format with citations to your sources and, at the bottom of your last page, a list of references. Your answers should also be in Standard English with correct spelling, punctuation, grammar, and style (double spaced, in Times New Roman, 12–point, and black font). Respond to questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions.

 

  1. Upload the completed Assignment to the appropriate Dropbox.

 

  1. Any questions about the Assignment, or format questions, should be directed to your course instructor.

 

 

Assignment       

 

In this Assignment, you will focus on marginal utility, Price Elasticity of Demand, and understanding the difference between Price Elasticity of Demand and Income Elasticity of Demand.

We all subconsciously assign “scores” to what we are considering to purchase, based on our expected level of “satisfaction” (Marginal Utility) with that purchase. When making simultaneous pairs of purchases, again we subconsciously compare the amount of “satisfaction” (Marginal Utility) that we will receive from the pair of purchases. To decide on the “ideal” combination of these two purchases, we expect that the last dollar we spend on each of the items will give us the “same” satisfaction per dollar (Marginal Utility per dollar). Further, we know that the MORE of an item that we get, the next one we get will give us LESS “satisfaction” Marginal Utility) than the last one gave us (the Law of Diminishing Marginal Utility). Using what you have learned about Marginal Utility and Marginal Utility per dollar, answer the following questions.

 

Questions

  1. Jane has been working all day, missing both her breakfast and lunch. Finally able to leave work, after being required to work a couple of hour’s overtime, she is starving. Jane has $20 in her pocket, so she stops at a local fast food restaurant and orders a grilled chicken sandwich (somewhat healthy) and fries (not so healthy). As she sits down to eat them, a Kaplan University student approaches her and tells her that she is doing a research project for her microeconomics course, and would like to ask Jane a few quick questions. Jane agrees and the student asks what “score” (Marginal Utility) from 1 to 100 would she give as her satisfaction level with the 1st sandwich and the 1st fries? After eating that order, Jane is still hungry and orders a second chicken sandwich and another fries. Again, the student asks Jane to give her new scores. Since Jane has not eaten all day, she is hungry enough to order a third round of food and again gives “scores” to the inquisitive student.

Below is the Kaplan student’s completed experiment tally sheet of Jane’s marginal utility “scores” and the calculation of her marginal utility per dollar, given that each sandwich costs $4.00 and each order of fries costs $2.00, along with her budget of $20. The student filled in the shaded cells based on Jane’s responses, then computed the values in the remaining cells. Using this information, answer the following questions:

  1. Is Jane maximizing her utility? Explain your reasoning and show any calculations.

 

 

  1. If Jane is not maximizing her utility, remembering the Law of Diminishing Marginal Utility, would she be better off to buy one less chicken sandwich and one more fry? Explain your reasoning and show any calculations.

 

  1. If Jane is not maximizing her utility with the original purchase combination, remembering the Law of Diminishing Marginal Utility, would she be better off buying just one more fry? Explain your reasoning and show any calculations.

 

  1. If Jane is not maximizing her utility with the original purchase, remembering the Law of Diminishing Marginal Utility, would she be better off buying one less fries and one more chicken sandwich? Explain your reasoning and show any calculations.

 

 

  1. Remembering the Learning Practice in Unit 3, in the year 107 WBCE (Way Before the Common Era) the Gondwanaland Chairman of Production reported that the gosum berry growers were able to meet an average demand of 700 barrels of gosum berries per month at an average a price of $70 per barrel.

In the year 108 WBCE the growers were plagued with a gosum berry bug infestation that reduced average output, causing production to fall to only 600 barrels per month, causing the price to rise to $84 per barrel. The following table shows the Chairman’s report:

Year (WBCE) Monthly barrels of gosum berries demanded Price per barrel
107 700 $70
108 600 $84

 

  1. Using the midpoint method, calculate the price elasticity of demand for Gondwanaland gosum berries. Explain what this price elasticity of demand means?

 

 

  1. What is the monthly average total revenue for year 107, and the monthly average total revenue for year 108? How do these numbers compare to each other?

 

Year (WBCE) Monthly barrels of gosum berries demanded Price per barrel Monthly average total revenue
107 700 $70
108 600 $84
Change in

average total monthly revenue

 

 

  1. Using your answer to part a. above, how could you have predicted this change in total monthly revenue?

 

 

 

 

  1. The Gondwanaland Chairman of Production reported that the new Altair chariots (most modern, horse drawn family chariot) had a PRICE elasticity of 3 and an INCOME elasticity of 2. The supply of these Altair chariots is elastic. Evaluate the following statements and explain why you think they are true, or false.

 

  1. A 20% increase in the price of the Altair chariot will cause the quantity demanded to fall by an astounding 60%.

 

 

  1. An increase in Gondwanaland consumers’ incomes will cause prices to rise, but the total quantity demanded will also increase.

 

 

——————————————–

References:

 

 

 

 

 

Unit 4 Assignment: Elasticity of Demand Grading Rubric

Content Percent Possible Points Possible
Full Assignment 100% 40
     
Overall Writing: 20% 8
Correct coversheet information at the top of 1st page 5% 2.00
APA format for answers 3% 1.20
Correct citations 3% 1.20
Standard English, no errors 4% 1.60
At least one, or more, references 5% 2.00
     
Answers: provides complete information demonstrating analysis and critical thinking: 80% 32
Individual Questions:    
1. a. – Are the utility maximizing quantities 3 sandwiches and 3 fries? Why? 5% 2.00
1. b. – Are the utility maximizing quantities 2 sandwiches and 4 fries? Why? 5% 2.00
1. c. – Are the utility maximizing quantities 3 sandwiches and 4 fries? Why? 5% 2.00
1. d. – Are the utility maximizing quantities 4 sandwiches and 2 fries? Why? 5% 2.00
2. a. – What is price elasticity of demand for gosum berries? 15% 6.00
2. b. – What is year 107 revenue and the year 108 revenue? 10% 4.00
2. c. – Could change in revenue been predicted from elasticity? How? 15% 6.00
3. a. – Will quantity of Altair chariots demanded fall by 60%? (true/false) Why? 10% 4.00
3. b. – Will quantity of Altair chariots demanded increase? (true or false) Why? 10% 4.00
Sub-total for Individual Questions: 80% 32

 

Need Help on Economics Question


Need Help on Economics Question

1.        Show that for a production function with n inputs,f(x1,x2,…,xn) the elasticity of scale is equal to the sum of the output elasticities of the individual inputs,

Need Help on Economics Question

ECON 417 – Homework Assignment 1 – Chapters 1-4


ECON 417 – Homework Assignment 1 – Chapters 1-4

Question 1

Suppose the production of a good X damages the environment (i.e. there is a negative externality). Using a diagram, show the dollar amount of inefficiency generated by the free market. Briefly explain how a corrective tax or subsidy policy could help reduce the inefficiency in the market.

Question 2

Suppose the consumption of a good M benefits not only the people who consume it but also the people who don’t consume it (i.e. there is a positive externality). Using a diagram, show the dollar amount of inefficiency generated by the free market. Briefly explain how a corrective tax or subsidy policy could help reduce the inefficiency in the market.

Question 3

Suppose that the consumption of canned beverages imposes an external cost on society of $1 per each can consumed. The market for canned beverages is competitive and the marginal cost of production is constant at $0.75 per can. A typical individual’s demand for this product is given as q = 500 − 40p.

a) How many canned beverages would a typical individual consume?

b) What is the socially optimal level of consumption for a typical individual?

c) If there are a million people with the same demand for canned beverages what is the total net cost imposed on society from the overconsumption of canned beverages?

d) Draw a detailed supply and demand diagram for the canned beverage market in part (c) above, and show the dollar amount of inefficiency generated by the free market.

Question 4

Suppose the market supply curve for automobile tires in the U.S. is QS = 2p − 20, and the market demand curve is QD = 220 − 4p. However, in producing tires the firms emit pollution that causes health damage to the local community, and the external cost on society is estimated to be $9 per automobile tire.

a) What is the equilibrium level of automobile tire production?

b) For the 60th automobile tire, what is the marginal benefit (MB) to consumers? 1

c) For the 60th automobile tire, what is the marginal private cost of production (MPC)?

d) For the 60th automobile tire, what is the marginal social cost (MSC)?

e) For the 60th automobile tire, what is the marginal net loss to society?

f) What is the socially optimal level of automobile tire production?

g) What is the total net loss to society from the production of tires 49 through 60?

Question 5

Suppose firm A and firm B are solely responsible for all pollution in society. Pollution emissions are currently unregulated; however, the government would like to implement a policy that reduces total pollution emissions by 50 tons per year. Economists estimate the marginal abatement cost (MAC) for each firm as, MACA = 45, 000 − 600eA and MACB = 15, 000−200eB, where“e”measures the total amount of each firm’s annual pollution emissions in tons.

a) What is the least expensive policy the government can implement to reduce total pollution emissions by 50 tons per year?

b) How much would the policy in part (a) above cost each of the firms?

c) Under the policy in part (a), how much would society spend to reduce total pollution emissions by 50 tons per year?

d) Suppose that lobbyists for Firm B argue that the policy in part (a) is unfair because, in equilibrium, Firm B spends more money on reducing its pollution emissions relative to Firm A. Do you agree that the policy is unfair? Explain why or why not.

e) Suppose that lobbyists for Firm B convince the government to change its policy and require each firm to reduce pollution emissions by an equal 25 tons. Under this new policy, how much would society spend to reduce total pollution emissions by 50 tons per year?

f) What is the underlying economic intuition for the difference in your answers for part (c) and part (e) above? 2

Question 6

Suppose there are three families on an island and the ratio of their marginal benefits from a defensive wall around the island MBA : MBB : MBC is 5:2:1 at any thickness. For example, at a thickness of 0 feet, MBA = $1, 000, MBB = $400, MBC = $200, and at a thickness of 5 feet, MBA = $500, MBB = $200, MBC = $100. The marginal cost (MC) of building an additional foot of thickness is $800. a) Draw the diagram, label the curves (lines), and show numbers. b) Would it be socially optimal to increase the wall thickness above 0 feet? Explain why or why not. c) What wall thickness is socially optimal?

Question 7

Suppose there are 4 families in society. Each have different preferences for a public good, and their demand curves are expressed as q1 = 3− 1 5 p, q2 = 30−p, q3 = 15− 1 2 p, and q4 = 5− 1 9 p. The marginal cost of producing the good is a constant $86

a) What is the equilibrium quantity in this market?

b) What is the socially optimal quantity?

c) What is the underlying economic intuition for the difference in your answers for part (a) and part (b) above?

Question 8

Suppose the following voting preferences shown in the table below. Each family (H, M, L, and D) votes between two choices (such as thick and thin) and then between two other choices. Choice H M L D First Thick Intermediate Thin Thin Second Intermediate Thin Intermediate Thick Third Thin Thick Thick Intermediate

a) With H, M, and L voting, but not D, what happens? Why?

b) With H, M, and D voting, but not L, what happens? Why? 3

Question 9

Suppose a factory would be built in one year (year 0) and last only a year (year 1). The construction cost in year 0 would be $100,000 financed by borrowing and the profit in year 1 would be $120,000.

a) Should the firm build the factory? Explain why or why not.

b) Suppose the factory lasts two years instead of one, and the profit is $60,000 in year 1 and $72,000 in year 2. Should it be built? Explain.

Question 10

Suppose a city has 20,000 residents who ride the subway 200 times per year at a cost of $1.50 per trip. The only alternative is a bus that takes 10 minutes longer and costs $0.50 per trip. The city is considering renovations of the subway system that would reduce the trip time by 5 minutes, but fares would increase by $1.00 per trip to cover the renovation costs. Assume that the fare increase and reduced travel time both take effect next year and last forever, and that the interest rate is constant at 8%.

a) Should the city renovate the subway? Explain why or why not.

b) To justify the $1.00 increase in subway fares based on cost-benefit analysis, the renovations would need to reduce the subway trip time by how many minutes? 4

Do My Micro-Economics Assignment


Do My Micro-Economics Assignment

Micro-Economics

You are given the following scenarios for consideration:

  • Scenario 1: Assume that the government imposed a price ceiling on gasoline in order to prevent prices from getting too high. What are the economic implications of this action in the gasoline markets? Use graphs as needed and explain your answers thoroughly.
  • Scenario 2: Assume that the government imposed a price floor on wages (minimum wage) in order to make sure that workers can earn a living wage. Is this a price floor? What are the economic implications of this action in the labor markets? Use graphs as needed and explain your answers thoroughly.
  • Scenario 3: What are the gains and losses of international trade? What happens when tariffs are imposed, in terms of the importing and exporting countries? Use graphs as needed and explain your answers thoroughly.
  • Scenario 4: If the government doubled the tax on gasoline, would the tax revenues increase or decrease? Why? Use graphs as needed and explain your answers thoroughly.

Deliverables:

  • Using the scenarios above, prepare a 5-10 page Microsoft Word document that addresses the above scenarios and meets APA standards.
  • Include a summary section in your report that contains 5-7 bullet points identifying your major findings or conclusions of your paper.
  • Submit this report as your initial post in the W2, Assignment 1 Discussion Area by Week 2, Day 3.
  • Continue your discussions until the end of the week by commenting on at least two other submissions by your peers, identifying the strengths and weaknesses of each post.

Do My Micro-Economics Assignment

Homework Help-Economics


Homework Help-Economics

The organization’s strategic plan you wrote about in Week 2 calls for an aggressive growth plan, requiring investment in facilities and equipment, growth in productivity, and labor over the next five years.  It is your responsibility to determine how the U.S economy during this five year period will impact such an aggressive growth plan. To do so, you should:

Develop a 750 to 1,050 word economic outlook forecast that includes the following:

  • Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years.
  • Discuss how government policies can influence economic growth.
  • Analyze how monetary policy could influence the long-run behavior of price levels, inflation rates, costs, and other real or nominal variables.
  • Describe how trade deficits or surpluses can influence the growth of productivity and GDP.
  • Discuss the importance of the market for loanable funds and the market for foreign-currency exchange to the achievement of the strategic plan.
  • Recommend, based on your above findings, whether the strategic plan can be achieved and provide support.

Managerial Economics


Managerial Economics

You’re meeting with Lester in his office to discuss the details of your presentation to the board next week.

“Given all of the research that you have completed over the past several weeks,” he says, “you should have most of the information you need to make a presentation to the board. The board doesn’t want you to do any more research on all of the topics; rather, we want you to summarize the research that you have already done. ”

“Yes,” you say. “I think I have what I need.”

“Of course we want your final conclusion and recommendation on what the company should do regarding the location issue, as well,” he says.

“What type of presentation do you have in mind, Lester?”

“A PowerPoint presentation would be appropriate for this group,” he says. “I want you to include slide notes, too, in case we have to go back and look at something at a later date. Your PowerPoint presentation should contain between 10–15 slides, not including the title slide and reference slide(s). For each slide, you should have between 150–200 words in the Notes sections. Let’s take a few minutes now to go over how the slides should be organized. I’ve done similar presentations, so I can save you some time with a few pointers.”

When you get back to your office, you type out your notes about each element you discussed and the overall organization of the presentation. For this presentation, you are addressing the following elements:

  • Legal, social, and financial factor considerations
  • Economic factors: gross domestic product (GDP), inflation, interest rates, unemployment
  • Elasticity of demand
  • Economies of scale and efficiency
  • Strengths, weaknesses, opportunities, and threats (SWOT)
  • Market structure
  • Risk
  • Costs (marginal, fixed, variable, etc.)
  • International expansion (Five factors that should be considered before making the decision to expand internationally)

 

Need Help-Roles of Credit review Bureau


Need Help-Roles of Credit review Bureau

Roles of Credit review Bureau

Description

Write an essay of literature review explaining the role of Credit review Bureau in enhancing financial security in the east African countries Economies.

Need Help-Roles of Credit review Bureau

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