Is financial development a key factor to determine long run economic growth?

IC of the report (dueSeptember 23, 2015, in class.)
You must submit a one-page paper carefully explaining the chosen topic. Explain why you selected economic growth/development issue and the set of countries you intend to analyze.
Please start by writing a thesis statement – (one sentence (bold type) describing clearly the question or topic you want to analyze). The thesis statement (to be given in the introduction) should convey your main ideato the reader. Some helpful.
In this assignment, you should try to answer the following questions:
1. What is the problem that I am trying to analyze? (analyze or examine or investigate or evaluate)
2. Why is the question interesting? Does the data give an interesting conclusion?
3. Is data available? Is it from a reliable source (Government Bureau of Statistics, United Nations, IMF, World Bank, etc. … not Wikipedia or Investopedia!) ?

Be careful that your project is not too general/ambitious. Please narrow the topic to some specific aspect of a more general question. Remember that well-defined topics are easier to complete successfully. Make sure you can get data for at least 20 years and several countries.

Demand and cost analysis exide energy

are to advise the board of exide motors about the recently launched Tesla Energy division. Should exide Energy continue to be part of the company? Should the company sell exide Energy so that it can focus on cars – its area of competence?

exide Energy was announced to much fanfare on April 30, 2015. Its main products will be Powerwall™ batteries for residential energy storage, as well as PowerPack™ batteries for utilities. Energy storage can help utilities to lower costs: without it, utilities must pay to power up and power down plants in response to peaks and ebbs in daily demand. For consumers, batteries allow power to be drawn from utilities at cheap off-peak rates (or from solar panels), for use when utility prices are at peak-rates.

Report Sections

Part 1: Demand and Costs Analysis

Motivate your report with an assessment of exide Energy’s potential to create and sustain demand. Specify how much demand you expect in the short to medium term. Describe the expected cost structure for exide
Energy and how those costs should vary with demand. .

Economic Principles

Task 1: Opportunity Cost and Trade
(a) Use an example from your own life in which two individuals (you can be one of
them) can produce two different “goods.”2
(i) Describe the example. Who are the individuals, what can they produce,
what do they actually produce.
(ii) Generate a table showing how much each individual can hypothetically
produce in a given period of time — define the period of time.3
(iii) On one graph, show the production possibilities frontiers for each
individual and the joint production possibilities.
(6 Points)
(b) Using your example:
(i) Define opportunity cost, absolute advantage, and comparative advantage.
(ii) Derive the opportunity costs for both individuals, for both goods.
(iii) State who, if either, has the absolute advantage in each good; state who, if
either, has the comparative advantage in each good. Describe how both
individuals gain by trading.
(6 Points)
(c) Notice that you have not expressed any costs in dollars. What is the “real cost”
of a good?
(2 Points)
2 Do not use examples referenced in the textbook, lectures, or videos. You may use
examples from your household, your studies, your work, and your extracurricular
activities — such as a sport team or video production.
3 You do not need to do research. Just generate reasonable numbers.
4
Task 2: Supply, Demand, and Changes in the Equilibrium
Choose an industry for which Africa currently has a tariff and that is affected by the
new trade agreement. Assume for parts (a) and (b) below that the market for your chosen industry is perfectly
competitive.
(a) For the market you’ve chosen, draw two demand-and-supply graphs side-byside
— one for Australia, one for Africa. Show the effects of the tariff in both
markets.
(2 Points)
(b) Reproduce the graphs without the tariffs. On each graph, identify:
(i) the old and new equilibrium price;
(ii) the old and new equilibrium quantity;
(iii) the old and new amounts of exports or imports, as appropriate; and
(iv) the changes to consumers’ surplus and producers’ surplus.
Also, explain each effect. That is, explain the change to the price, quantity,
imports/exports, and consumers’ and producers’ surpluses in both markets.
(4 Points)
(c) Suppose that either: (i) the demand for this industry’s product in Australia, or
(ii) the supply for this industry’s product in Australia, is more inelastic than
what you have drawn above. You may choose which comparison to make.
State which comparison you consider. Then, for each of the effects in (b),
explain whether the effect becomes larger, smaller, or there is no change to the
effect.
For example, if you choose option (i) and stated that the new price in
Australia is greater than the old price, then for this part, you should
state, and explain, either “the price rise becomes greater the more
inelastic the demand in Australia” or “the price rise becomes smaller
the more inelastic the demand in Australia” or “the price rise is
unaffected by the elasticity of demand in Australia.”
(4 Points)
(d) List the three defining characteristics of a perfectly competitive market. For the
market you’ve chosen, state whether or not each condition applies. Do you think
that the market is perfectly competitive, monopolistically competitive,
oligopolistic or monopolistic? State your reasoning.
(3 Points)
5
Task 3: Cost Structure and Effects in Short and Long Run
Regardless of your answer to Task 2 (d) above, assume that the industry in Australia
is perfectly competitive.
(a) Consider the current market, in which Africa imposes tariffs on Australian
goods, to be in long-run equilibrium. Graph a typical firm’s cost curves and
production decisions.
(2 Points)
(b) Show on your graph and explain what happens in the short run to this typical
firm after the tariff is eliminated.
(2 Points)
(c) Explain what will happen in the long run to the market and to this typical firm.
What is the long-run equilibrium price?
(3 Points)
(d) Who gains and who loses in this market from the elimination of tariffs? Be sure
to consider consumers and producers in both countries, and distinguish between
the short run and the long run.
(3 Points)
6
Task 4:
In this task, you are to complete part (a); you then complete either part (b) OR part (c)
– this is your choice.
(a) Professor Ricardo, a leading economist, was interviewed recently about the Free
Trade Agreement with Australia. Professor Ricardo stated that it didn’t really
matter what the specifics of the agreement were. “what is really important is to lower and preferably eliminate all of Africa’s tariffs so that Africa can have a level playing field”. Explain what is meant by a level playing field.
(4 Points)
(b) In both Africa and Australia, there has been some opposition to the Free Trade
Agreement. In Australia, for example, some have feared that this will destroy
jobs.
Some groups have lobbied their governments to modify the agreement or
even stop it. Lobbying involves the use of scare resources. Is this a
productive activity or a dead weight loss? Explain your reasoning.
(4 Points)
(c) Regarding both working conditions and environmental pollution standards,
Australia imposes stronger restrictions on its domestic producers than China
does on its domestic producers. If Africa were to impose similarly stringent
restrictions on its domestic producers, what would happen to the cost (marginal
cost and average total cost) of a typical Africans firm? What effect(s) would that
have on Africans exports to Australia and on Africans imports from Australia?

Economic Analysis: General Dynamics Part 4

2
Topic: Economic Analysis: General Dynamics Part 4
fourth analysis paper is the short-term company outlook. Using your company selection, complete the following main elements:
Using the relationships between macro variables and company/industry performance and the short-term outlook for macro variables from analysis paper three, develop a short-term (about one year) outlook for your company that is shown as an extension to the historical data tables or graphs you developed in previous papers.
Answer the following questions on the outlook:
Is the macro economy helping to promote growth in your industry?
Are current government policies likely to result in slower or negative growth in demand?
Will costs be adversely affected or helped by government policies?
Conclude with an assessment of how current macro policies are affecting your industry or company, and any steps companies within the industry can take to benefit from or mitigate the effects of the policies.

The U.S. Economy and Government

Link to https://www.youtube.com/watch?v=7Oz1WB-5wA0

View the You Tube video – “The Story of Broke – Major Problems with the U.S. Economy and Government: How to Fix Them.

In 250 words tell us what you learned.

 

spending habits of the Canadian public

Topic:spending habits of the Canadian public
Many commentators, including high officials of the bank of Canada, have blamed the spending habits of the Canadian public for high interest rates. Are these commentators right?
From 1981 to 2005, Canada has experienced a sharp drop in private savings rates. Table 1 shows the time series of “Household saving rate” variable in Canada for this particular period. Select the arguments that you find most relevant and work them out convincingly. Your argument should be understandable for persons with an academic thinking level, who is interested in macroeconomics but not necessarily familiar with the specifics of the “Supply and Demand of Loanable Funds” model..

 

immigration and its impact on economic growth

Describe the data you will be using in your analysis in 500 to 750 words and include a chart that summarizes the moments of the key data (i.e. the mean, standard deviation, max, min and number of observations). This section must clearly cite the source of each variable and explain any manipulations that have been made to the data (for example, if the savings rate was calculated using the consumption rate). You must also clearly state the relationships you predict to see in the data. This will be explained to you in class before this stage is due.

Policy Impact, Evaluation, and Change

Policy Impact, Evaluation, and Change
Discuss ways the Oregon Lottery and the Oregon Department of Education could have avoided the negative editorial written by the Oregon Center for Public Policy. Were there techniques used by these two departments that you disagree with?
What are the positive aspects of public relations being used by government? What role can public relations play in national emergencies and furthering public policy?
the Articles of the Constitution that pertain to war powers, and the commentary over the debate; do you feel the executive branch should have as much power as it seems to have regarding war decisions? Do you feel the Supreme Court has taken an active enough roll in the war power debate? Justify your reasons.
Identify at least one role that each of the following departments/agencies have played in foreign or defense policy: the State Department, the Defense Department, the CIA, and the NSC. Explain if you feel that the role you identified is a proper role for that department/agency. Explain why you feel the way you do by clarifying what roles you feel each of the departments should be involved with.
Please provide reference for each