How do firms compete with each other in the industry, both in terms of price and non-price competition? Are some firms in the industry able to earn economic profits in the long run? Why or why not?

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Natural Monopolies

3-paragraphs explanation of your selected industry’s market structure, including support for your assertion. In your explanation, also address the following:

How do firms compete with each other in the industry, both in terms of price and non-price competition? Are some firms in the industry able to earn economic profits in the long run? Why or why not?

Discuss the quantitative easing program that the Federal Reserve operated from 2009 to 2014. What conditions did the Fed say needed to prevail in order to bring the program to a conclusion?

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ECON WK 1

Discuss the quantitative easing program that the Federal Reserve operated from 2009 to 2014. What conditions did the Fed say needed to prevail in order to bring the program to a conclusion?

Where did the article come from? What is the article claiming? Do you agree/disagree with the article’s claim​? What is your opinion about the article? What are the strengths and weaknesses of the article? Do you consider the article biased?

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Economic concept

Summary should be at least 1 page, double spaced, Times New Roman 12 pt font

Possible questions to answer in your summary

Where did the article come from?

What is the article claiming?

Do you agree/disagree with the article’s claim​?

What is your opinion about the article?

What are the strengths and weaknesses of the article?

Do you consider the article biased?

Explain the economic concept in the article

Explain how the number of bidders in a common value auction affects the outcome of the auction. Relate this to the effect on price in different market structures based on the number of producers.

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Economics

1.Explain how the number of bidders in a common value auction affects the outcome of the auction.

2. Relate this to the effect on price in different market structures based on the number of producers.

3. Adhere to APA Style when writing your essay, including citations and references for sources used.

4. No abstract or introduction needed

5. References all must be peer-reviewed scholarly works

Discuss the quantitative easing program that the Federal Reserve operated from 2009 to 2014. What conditions did the Fed say needed to prevail in order to bring the program to a conclusion?

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ECON WK 1

Discuss the quantitative easing program that the Federal Reserve operated from 2009 to 2014. What conditions did the Fed say needed to prevail in order to bring the program to a conclusion?

Are the two variables cointegrated? Explain the Data Correlation using the code and formulas relevant with Engle Granger Test.

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Topics In Macroeconomics With Time Series Econometrics

Main Topic (Global food prices, the average price of food commodities across countries, play an important role worldwide, strongly influencing food affordability and diet. They also affect the incomes of farmers and producers, particularly in low income countries where a large fraction of the population is employed in the agricultural sector.

You are asked to investigate the relationship between the global price of corn and the global price of soybeans, two major agricultural commodities. Their price is quoted in US dollars per Metric Ton. The file commodity.xls contains the dataset1 which is quarterly and runs from 1990Q1 to 2021Q3.)

Task:

RSTUDO

Are the two variables cointegrated?

Informal check: Data plot, residual plot

Formal tests: Engle Granger Test

Estimate Error Correction Model

Cant Upload R File Please contact

Explain the Data Correlation using the code and formulas relevant with Engle Granger Test

Reflect on your own personal experience in terms of your WORK life. Come up with an example of an ethical dilemma you faced. Write a case study describing the dilemma in detail.

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Mid-Term Case Study

The Oxford English dictionary defines an ”ethical dilemma” as follows: ethical dilemma. a situation in which a person must choose between two courses of action of (apparent) equal moral importance, so that the choice necessarily entails the transgression of an important moral principle.

Reflect on your own personal experience in terms of your WORK life. Come up with an example of an ethical dilemma you faced. Write a case study describing the dilemma in detail. Do not SOLVE the dilemma or share how you addressed it – just describe the situation itself, possible outcome(s), competing values.

Discuss alternative forms of public transportation systems for urban areas and the political-economic issues in promoting those systems. Critically discuss alternative conceptions/definitions of sustainability. Why isn’t there consensus on that topic?

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Answer one question from Part A and one question from Part B. Read each question carefully and answer all parts of the questions you select. Try to keep the length of each easy about the same, i.e. 2 to 2 ½ pages per essay.

Part A:
1. Discuss alternative forms of public transportation systems for urban areas and the political-economic issues in promoting those systems.
2. Can there be a sustainable form of private transportation, i.e. where the vehicles are privately owned? Discuss.
3. Critically discuss alternative conceptions/definitions of sustainability. Why isn’t there consensus on that topic?
4. What obstacles are there to the diffusion of greener transportation systems? How can they be overcome?

Part B:
1. Discuss and evaluate the role of local, state, and national governments in promoting or retarding the diffusion of hydrofracking.
2. Evaluate the environmental consequences and social costs of accidents in the oil industry vs. coal mining vs. hydrofracking vs. nuclear power. Who bears these costs?
3. List the likely reasons for the relatively slow diffusion of electric car technologies. Reference the movie which was assigned for class (“Who killed the electric car?”). What is required for the diffusion period to be shortened?
4. Discuss the economic reasons more families don’t live off of “the grid”. What are the reasons more individual homeowners haven’t shifted to solar or wind power for electrical generation in their homes?

Choose one theory and explain with the help of this theoretical viewpoint the behaviour at the selected aggregate level, for instance, bounded rationality in the case of individual behaviour. Identify advantages and disadvantages of this theory evidenced with academic literature.

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Individual And Institutional Economic Behaviour

Task: Critically evaluate theoretical explanations of behaviour at one level of aggregation!

Aspects which need to be included are:
• Define a level of aggregation (individual, firm, state or supranational or international institutions)
• Choose one theory and explain with the help of this theoretical viewpoint the behaviour at the selected aggregate level, for instance, bounded rationality in the case of individual behaviour
• Explore the role of risk and uncertainty at this level of aggregation.
• Identify advantages and disadvantages of this theory evidenced with academic literature.
• Show evidence for these advantages and disadvantages with the help of empirical data.
This can include government reports, statistics, interviews conducted by reputable organizations and practitioner literature.
• Depending on your provided discussion conclude if the evidence supports the theoretical assumptions or if not in which case you would need to suggest another theoretical viewpoint.

Explain which graph in our collection – A, B, C, or D – illustrates the shift that you identify by describing the change in price and the change in equilibrium quantity.

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Supply and Demand Guide

Assignment Instructions
• Find a news article on the Internet that describes a shift in the supply curve or in the demand curve.
The article must be recent (within the last six months) and MUST NOT be from an encyclopedia or reference website that discusses demand and supply. DO NOT use blogs. Use well established business web sites or industry specific web sites.

• The best articles are about changes in the price and/or sales of a particular product. You then can demonstrate your understanding of supply and demand shifts as you explain the changes in price and quantity experienced by the product you choose.

• Summarize the article. (Do not quote the article but explain it as if you were telling someone about it. If you do use direct quotes or paraphrases, remember that citations and references are required.)

• Explain which graph in our collection – A, B, C, or D – illustrates the shift that you identify by describing the change in price and the change in equilibrium quantity (remember the difference between a change in quantity and a change in the position of the curve – these are described in the documents linked above).

• Provide a full URL link to the article along with an APA–formatted reference

• Important: This is a Microeconomic course. Do not choose an article discussing Macroeconomic issues: Inflation, unemployment, trade deficit, government budget deficit, etc.