Category: Economics

 
Choose any of the following questions (the one in the topic bar is optional)
1) How is unemployment defined and measured? What are the major types of unemployment? Using the UK Office for National Statistics webpage (http://www.ons.gov.uk/ons/taxonomy/index.html?nscl=Unemployment), ascertain and discuss some general patterns of unemployment in the UK over the recent time period.
2) GDP per capita is widely used to measure the living standard and economic performance of a nation. Critically assess the relevance and limitations of this measure.
3) Examine the debate between Keynesian and Classical economists on whether or not the economy is self-regulating. What evidence can you draw from the 2007-2009 global financial and economic crisis to support your own argument?
4) Examine the Keynesian Consumption Function (KCF). Why is it important to study the KCF? In what ways it might be limited for explaining the consumption/saving behaviour in the economy?
Guideline for completing the essay

1) Independent research of the topic is a crucial part of the exercise. Simply reproduce lecture notes and textbook materials will attract a low grade. Evidence of wide reading, your own synthesis of different sources, independent thinking and analysis will be generously rewarded. The more widely you read the greater your understanding of the breadth and depth of the question. At least THREE different sources should be used in your essay, and at least ONE of these sources should be drawn from the Internet. There should be evidence that you have used these sources in the text.
2) Do not simply copy and paste materials from existing sources! – It is easy for you to do so, but it is also easy for you to be caught and disciplined. All quotations must be clearly referred to and, if references to the literature are used in the essay, a proper bibliography must be included. The Harvard Reference System for referencing should be adopted. If you do not know the Harvard System, you should consult the link below for guidance.
3) Students will be marked down if they rely heavily on only one source or if they fail to fully reference the source of their material.
4) State your assumptions clearly (e.g., whether the results are derived from the Keynesian or classical assumptions). Use diagrams and algebra wherever necessary to clarify the discussion.
5) The total length of the essay should not exceed 2000 words. You should include a word count at the end of the essay.
6) The essay should be typed in a word processor (however, clear hand-written equations and hand-drawn diagrams are acceptable) and double-spaced

 
The focus is on the impact that monetary policy has on our economy.

Looking at the impact of the Federal Reserve:.
•
o What role do they play in monetary policy and why is this important?

o How does the federal reserve use the US monetary system to control lending and how does this impact the mortgage markets/real estate prices?
o What impact has the Federal Reserve had on avoiding a major economic collapse, and how did these actions impact the housing market in the US?

 
Use the net present value methodology when creating a cost-benefit analysis to evaluate the following project:

The State of Massachusetts would like to replace a National Guard armory rapidly reaching the end of its service life. The Department of Military Affairs has been told that continued special maintenance would be $275,000 annually. Rehabilitation of facility would cost $4,000,000, and would extend the armory’s service life by 15 years.

Calculate the discount factor for each year (use 4% discount rate @ 15 years)
Calculate the annual present value cost of maintenance (15 years)
Calculate the discounted benefit of rehabilitating the armory
Given the discounted cost of rehabilitation, what is the cost- benefit ratio for the proposal?
Be sure to include information regarding the following items when completing your evaluation of the project:

the objectives of the project
the demand and consumer surplus of the project
a categorization of the project expenses
an estimation of potential delays

 
Hi there,

This assignment is for my International Political Economy
Class, I want from you to write the paper following the professor instructions below:

Here are the instructions from the professor:
Instructions of the exams

• * This exam is compose from two parts which are choosing two questions from the list (EXAM TOPICS)
• Each question must be answered in a separate essay than the other question total going to be two essays for both questions.
• To answer those two questions, you need to follow the instructions bellow
• Answering each question that you chose should be from (5 to 8 pages)
• So the total should be about (10 to 15 pages) for the both questions
• The key important thing is using a footnote and using the lectures notes
• The textbook that we use is (Oatley, Thomas International Political Economy: 5th Edition.
• The Instructor:
W. Seay, “The Origins of political Economy”
ECON 101:Virginia Commonwealth University

The instructions of exam:

1- Introduction
The introduction should have the theses statement ( one sentence) no longer that 2 sentence.

2- each paragraph in the Body needs to have closing sentences with your analysis (from 5-8 sentences).

Exams in your response exams

Sources
1- the primarily sources data should be from
• 5 paragraphs from the lecture notes
• 5 paragraphs from the text book
• 5 paragraphs from scholarly books
• 5 paragraphs from scholarly articles

2- the secondary resources data from
• Magazine, newspaper and journals

3- use one of two graph

***NOTE THAT ALL DATA SHOULD BE FOOTENOTED AND ALSO THE DATA FROM LECTURES NOTE AND TEXTBOOK NOTES SHOULD ALSO FOOTNOTED.

Exam Completion: This information is from the syllabus

1-ALL EXAMINATIONS WILL BE RESEARCH BASED AND MUST CONTAIN DATA FROM SCHOLARLY BOOKS AND ARTICLES, DOCUMENTS, CLASS LECTURE NOTES AS WELL AS MAPPING ACTIVITIES.

2. STUDENT S WILL BE GIVEN AN ESSAY TOPICAL GUIDE FOR EACH OF THE THREE EXAMS-TWO TOPICS OF WHICH THEY WILL CHOOSE TO WRITE AS ESSAYS. EACH ESSAY WILL COUNT AS 50 POINTS-100 POINTS TOTALED FOR BOTH ESSAYS.

3. EACH RESPONSE IS TO BE 5-8 PAGE, TYPED, AND DOUBLE SPACED. DATA FROM CLASS LECTURES AS WELL AS THE TEXT ARE TO BE USED*****HOWEVER, STUDENTS MUST FOOTNOTE AT LEAST THREE BITS OF DATA FROM THREE SCHOLARLY SOURCES (THREE BOOKS OR TWO BOOKS AND ONE ARTICLE) TO PROVE THEY HAVE MADE THIS EXAM ASSIGNMENT ONE THAT IS RESEARCH BASED. THE PROFESSOR WILL ALSO RECOMMEND VARIOUS SCHOLARLY BOOKS CONCERNING IPE THAT STUDENTS SHOULD REFERENCE. YET PUPILS MAY USE BOOK SOURCES INDEPENDENT OF WHAT IS RECOMMENDED. *** DO NOT, HOWEVER, USE ONLY ONLINE ARTICLES. THIS WILL NOT MAKE FOR AN ACCEPTABLE EXAM.

**TWO OR THREE ECONOMIC AND POLITICAL DOCUMENTS MAY BE USED ALONG WITH OR IN PLACE OF ARTICLES. THE MORE DIVERSE THE RESEARCH, THE HIGHER THE GRADE A STUDENT MAY RECEIVE.

*** You are not allowed to use the following databases: Wikipedia, Secopedia, and any website similar to it.

4. AT LEAST 10-15 PARAGRAPHS IN EACH EXAM ESSAY SHOULD DERIVE FROM THE LECTURE AND MAP NOTES WHILST A REMAINING 10-15 PARAGRAPHS ARE TO BE BASED UPON SCHOLARLY SOURCE RESEARCH (BOOKS AND ARTICLES BY ECONOMISTS, GEOGRAPHERS, POLITICAL SCIENTISTS AND HISTORIANS AS WELL AS DOCUMENTS).
—————————————————-
I will attach the following:
– The exam topics.
– The format.
– The class note that I have.

 
UC application The two questions will be: (when added together, should be no more than 1000 words) Describe the world you come from- for example, your family, community or school- and tell us how you would has shaped your dreams and aspirations. Tell us about a personal quality, talent, accomplishment, contribution or experience that is important to you. What about this quality or accomplishment makes you proud, and how does it relate to the person you are?
Personal Information:
Major: economics
Family background: I was born and raised up in China. Since my family owns their own company that is why I want to major in business. My father built up his own business from nothing so I want to follow his path and also take over his business during his later years.
I had joined AGS ( Alpha Gamma Sigma) at SMC which is an academic honor society and service organization of the California Community College system. It was founded to help promote, maintain and recognize scholastic achievement and community service among students.
To gain practical experience in the workplace, I worked for a summer back in my homeland at a company specializing in financial software. It had taught me much about teamwork, responsibility and time management in the workplace.
I regularly read newspapers and economic publications to keep up to date with economic developments and I am able to use my mathematical and analytical skills to apply different economic theories to a range of real-life economic situations. I have found economics to be a challenging and diverse discipline and I am interested in both macro and micro economics. It is this variation of perspective, combined with its real world importance, that makes economics an appealing subject to study at university

 
Case Study 2 “Caterpillar’s Slowdown and Macroeconomics Issues”

Case Study 2: Please click the following links and read the articles very carefully. Build a case on “Caterpillar’s Slowdown and Macroeconomic Issues” in conjunction with the concepts in Chapter 13 “Unemployment and Inflation” of the textbook.
Please read pages 401, 413 and 415 of the textbook for more information on Caterpillar’s Slowdown and

If you are not able to retrieve the above link, please type “Caterpillar to Layoff one-third of workers in Wisconsin”

If you are not able to retrieve the above link, please type “Caterpillar continues to Crawl Along” in Google search and click the link.
Your case study has to be in at least 500 words. You can use relevant sources other than the above links.
Some useful Tips on How to Build and Write a Case Study:
The Seven Steps of Problem Analysis
Using an organized seven-stem approach in analyzing a case will make the entire process easier and can increase your learning benefits.
1. Read the case thoroughly. To understand fully what is happening in a case, it is necessary to read the case carefully and thoroughly. You may want to read the case rather quickly the first time to get an overview of the industry, the company, the people, and the situation. Read the case again more slowly, making notes as you go.
2. Define the central issue. Many cases will involve several issues or problems. Identify the most important problems and separate them from the more trivial issues. After identifying what appears to be a major underlying issue, examine related problems in the functional areas (for example, marketing, finance, personnel, and so on). Functional area problems may help you identify deep-rooted problems that are the responsibility of top management.
3. Define the firm’s goals. Inconsistencies between a firm’s goals and its performance may further highlight the problems discovered in step 2. At the very least, identifying the firm’s goals will provide a guide for the remaining analysis.
4. Identify the constraints to the problem. The constraints may limit the solutions available to the firm. Typical constraints include limited finances, lack of additional production capacity, personnel limitations, strong competitors, relationships with suppliers and customers, and so on. Constraints have to be considered when suggesting a solution.
5. Identify all the relevant alternatives. The list should all the relevant alternatives that could solve the problem(s) that were identified in step 2. Use your creativity in coming up with alternative solutions. Even when solutions are suggested in the case, you may be able to suggest better solutions.
6. Select the best alternative. Evaluate each alternative in light of the available information. If you have carefully taken the proceeding five steps, a good solution to the case should be apparent. Resist the temptation to jump to this step early in the case analysis. You will probably miss important facts, misunderstand the problem, or skip what may be the best alternative solution. You will also need to explain the logic you used to choose one alternative and reject the others.
7. Develop an implementation plan. The final step in the analysis is to develop a plan for effective implementation of your decision. Lack of an implementation plan even for a very good decision can lead to disaster for a firm and for you. Don’t overlook this step. Your teacher will surely ask you or someone in the class to explain how to implement the decision.
A well-written report would contain the following elements:
1. Executive summary. This is a concisely written statement, less than one page, placed at the front of the report. It briefly summarizes the major points of the case and your solution. It should describe the major issue, the proposed solution, and the logic supporting the solution.
2. Problem statement. Present the central issue(s) or major problem(s) in the case here. Do not rehash the facts of the case; assume that anyone reading the report is familiar with the case.
3. Alternatives. Discuss all relevant alternatives. Briefly present the major arguments for and against each alternative. Be sure to state your assumptions and the impact of constraints on each alternative.
4. Conclusion. Present the analysis and the logic that led you to select a particular solution. Also discuss the reasons you rejected the other alternatives.
5. Implementation. Outline a plan of action that will lead to effective implementation of the decision so that the reader can see not only why you chose a particular alternative but how it will work

Be sure to use economic statements and identify (and understand) the theoretical and empirical analysis and APPLY them to an area of E-Commerce and Information Economics.

 

SUBJECT:Economics, Markets and Strategic Decision Making

This report require 3000 word, academic (third person)
References each information with using Harvard style
See the doctor instructor assignment 2 ( attached )
Topic 4and 5 (Part of)
1000 word report
a) Identify the main real world demand and supply factors that influence the price of oil, including macroeconomic factors
-See word attached (topic4)
-took about income level / substitute/complementary/ technology/ time changes/exchange rate/preference /globalization ex: war /growth/speculation /and oil is driving demand and more , See word attached (topic4)

-also macroeconomic factor

b) Use demand and supply diagrams to show examples of how these real world demand and supply factors affect the price of oil.
-The below link have a good real example of the factors that influence the price of oil
(press Next in the photo, you will find many articles in each year icon):
http://www.theguardian.com/business/interactive/2008/sep/18/oilprice
-For the real world example above use four diagram showing:
• shift in demand curve to right(increase the demand)
• shift in demand curve to left(decrease the demand)
• shift supply curve to right(increase the demand)
• shift supply curve to left(decrease the demand)

Ex: Deepwater Horizon oil in 2010 decrease the supply in Mexico so the supply curve will shift to the left
Ex of diagram

c) Using real world examples to show how changes in the price of oil affect pricing and costs inair transport
Choose real airline company and show how it been affected by the price of oil and what is the company strategy with the changing in the oil price.
For example choose British air line and see when the oil price decrease the cost of the company will decrease but how about the price of ticket will decrease also or will be the same what the company do

Topic 5:
1000 word report

a. Briefly outline and evaluate the Low Cost Airline Model

b. Examine each element of the economic production function (Capital, Labour, Land, Entrepreneurship and technology) for a Low Cost Airline of your choice analysing theways in which the company you choose manages each of these elements

Choose low cost air line: RYANAIR
Capital:their capital include the number and type of planes they own or leasing
If they lease and show if it will increase the variable cost and decrease the fixed cost

Labour: number of employee /contract with employee/what employee do use multi skill staffing/ training course or only experience pilots no fresher.

Land:-where fly from and where fly to
-number of the basses across the world
-number of destination across the world
-maintenance (where taking place)
-use airport with lowest fees (use secondary airport)

Entrepreneurship: who is the CEO or leader and what is strategy he used to reduce the cost
Technology: how they use technology to reduce the cost

**Mention the fixed and variable cost
**how the company use flexibility for example in the peak time lease more planes and hire part time employee this will be low cost and flexible in the same time

c. Undertake a SWOT analysis of the current Strengths and weaknesses of their business model and Opportunities and Threats the company is likely to face over the next 10 years, including macroeconomic conditions and any proposed changes to transport infrastructure.
SWOT analysis for the airline company chosenusing the previse analysis in detail.

Topic 6
1000 word report
a. Discuss the issues related to price and non-price competition in oligopoly markets generally, including those related to macroeconomic conditions
– identify Oligopoly with reference
– identify price and non-price competition in oligopoly markets with reference
b. Examine and compare the roles and importance of price and non-price competition strategies in one of the following oligopoly markets (clearly defining the market you choose either as a national market or a global market)
o Consumer Electronics
o Automotive Industry
o Logistics
o Mobile Telecommunications
o Supermarkets
o Online retail

c. Choose two real world companies to illustrate price and non-price competition strategies and their outcomes.

 
Detailed instructions are uploaded under ‘written project’. Follow explicit Guidelines specified in the document. Each argument and the general formatting of the essay must follow every step in the instructions page. Use A,B,C style following each point and literally incorporate them into the each and every point. A sample paragraph is uploaded to help understand the difference. Paper should minimize intro paragraph and get straight to the argument. Refer to Japan’s case with this topic. Additional instructions are uploaded.

 
Economic Analysis Paper Three: Macroeconomic Variables

1. Compare changes in the macroeconomic variables to changes in the company data you collected in analysis papers one and two. What observations can you make about the effects of movements in macroeconomic variables on the company’s performance?
Company= Target Corporation