Relate those concepts to why you had decided to take ECON 2105 and how the learning acquired in this course may impact your future decisions, academic accomplishments and/or professional development/career.

/in /by

Relating Specific Selected Macroeconomic Concepts and Applications.

Relating Music/Entertainment industry from the perspective of a Business Major. The two topics will be “Business Cycles” and “Money, the Fed, and Interest Rates”.

This write-up should provide your take on what you have learned in ECON 2105 course and how you are intending to use this knowledge upon completion of this course. The write-up should cover any two macroeconomic concepts: (The two topics will be “Business Cycles” and “Money, the Fed, and Interest Rates”)

Relate those concepts to why you had decided to take ECON 2105 and how the learning acquired in this course may impact your future decisions, academic accomplishments and/or professional development/career.

A successful write-up should provide an analytical summary and discussion of those concepts according to the guidelines in the attachment.

Did the British Government elected in May 2010 use the appropriate economic policy tools to reduce the budget deficit? How does the approach contrast with the macroeconomic theory studied on this course?

/in /by

Budget deficit

Did the British Government elected in May 2010 use the appropriate economic policy tools to reduce the budget deficit? How does the approach contrast with the macroeconomic theory studied on this course?

How can the long-run average cost (LRAC) curve be derived from the short-run average total cost (SRATC) curve? Describe economies of scale and diseconomies of scale. What are the determinants of economies of scale and diseconomies of scale, respectively?

/in /by

Economies of Scale for Strong Competitive Advantage

Prior to beginning work on this discussion forum, read David Trainer’s Sysco Feasts on Economies of Scale for Strong Competitive Advantage  as well as Chapter 8 of the textbook.

Based on this information, respond to the following:

How can the long-run average cost (LRAC) curve be derived from the short-run average total cost (SRATC) curve?
Describe economies of scale and diseconomies of scale.
What are the determinants of economies of scale and diseconomies of scale, respectively?
Using a real-world company (other than Sysco), explain the causes of economies of scale for your company.
Explain how economies of scale help your company compete in its industry.

Distinguish between the short run and the long run. What will differentiate the short run and the long run? Describe fixed inputs and variable inputs. Which inputs are fixed, and which are variable in Sarah’s bakery? Why would marginal productivity decline after a certain level of production?

/in /by

Course digital materials (CDM)

Prior to beginning work on this discussion forum, read Chapter 7 of the textbook. Sarah owns a bakery that has four ovens, one full-time exempt administrative employee, and eight part-time hourly bakers.

Based on this information, respond to the following:

Distinguish between the short run and the long run. What will differentiate the short run and the long run?
Describe fixed inputs and variable inputs. Which inputs are fixed, and which are variable in Sarah’s bakery?
Why would marginal productivity decline after a certain level of production?
How can this problem of diminishing returns or marginal productivity be reduced or removed?

Apply and discuss relevant economic concepts and tools with supporting data to solve this real-life imitating simulation.

/in /by

Managerial Economics

Key objective: Discovering zero economic profit in a small-business operating in the perfect competition of market structure.

Setting: As a manager and an entrepreneur, you will face a new challenge – business venture structured on the theory of the firm. You are opening a restaurant in your selected town in the State of NY (name it up front in your assignment).

Restaurant name is Soul de Relle

As to simplify the scope of your consideration, we narrow down the problem with several assumptions. You will be serving just a meal in the evening. You also consider a stable level of sales at the full capacity reached; just ignore the slow period of market entry. Make your assessment only per one-month period. Make sure that the targeted level of operations is feasible.

Instruction: You need to apply and discuss relevant economic concepts and tools with supporting data to solve this real-life imitating simulation. Include also a one-page executive summary for the business plan with assumptions and the goal set, based on the market conditions examined by you. Make sure that all parts fit in well and make a comprehensive picture with the compromise on the final concept of the business model adopted.

Outline: Analyze, based on the demand and supply model, the following issues:

  • • Number of meals sold and prices charged,
  • • Price elasticity of demand and how to address it in your business
  • • Total revenue
  • • Possible challenges
  • • Fixed costs and variable costs and marginal cost
  • • Cost of inputs
  • • Total cost and unit cost (average total cost)
  • • Diminishing marginal product
  • • Economies and diseconomies of scale
  • • Total profit and profit per unit.

Why commercial bank lending is important for a country’s economic health and GDP of a particular country? What is the percentage of domestic credit to the private sector in the USA? Can you say if it is it increasing or decreasing since 2004 to 2019? What is an important reason for the fluctuation?

/in /by

Assignment #2

Write an about 2-page paper to explore the issues related to the stock market and the bond market.

If possible state the source of data/information you may use.

Find the total stock market capitalization in the US in 2020 (Worldbank data) and the bond market size in 2021. How were these numbers in 2009 during the height of the 2008/2009 recession? Would you expect, in the Commercial Paper market, the Yield Curve (interest rate) for bonds in a recession to be high or low? During the previous recession of 2008 / 2009 the Commercial Paper market froze and the Federal Reserve intervened to inject cash into the market. How can we understand/think about it? How about demand of junk bonds by investors in a recession period versus a strong economic growth period? How can we can understand/think about it?

Why commercial bank lending is important for a country’s economic health and GDP of a particular country?

What is the percentage of domestic credit to the private sector in the USA? Can you say if it is it increasing or decreasing since 2004 to 2019? What is an important reason for the fluctuation?

According to the forthcoming book of Professor Ken Rogoff, what can be reasons for the gradual limitation of dollar bills in the US economy? Provide a list of them.

Provide a brief explanation of each” Frictional versus Cyclical versus Structural unemployment. In general, would you think that stimulating the economy through interest rates/monetary policy, the Federal Reserve/government may reduce structural unemployment? Would you think that stimulating the economy through interest rates/monetary policy, the government may reduce cyclical unemployment? Would you expect currently structural unemployment levels to be more/less pronounced in developed or developing economies? What could the government do to alleviate structural unemployment? What are the implications of structural unemployment to Labor Participation Rate in the US? Is there any difference among workers with different educational achievement?

Deflation was considered a problem for several economies in the past decades. Can you elaborate about the negative (and maybe positive?) effects of deflation? For a particular economy, do economists pay more attention to Core or Headline inflation? What are the arguments in support or against?

Design and create a poster that examines the macro- and microeconomics influences on the project based in Qatar.

/in /by

Qatar airways sponsored FIFA 2022

READ the Brief well and understand what the requirements are before you start. any questions i am happy to answer.
The assessment requires you to select a project that is of interest to you ( Qatar airways sponsored FIFA 2022) and can fulfill the marking criteria (Table 2). Firstly, to design and create a poster that examines the macro- and microeconomics influences on the project based in Qatar.

What are the market conditions? Are there too many firms to serve a small population? Is there a huge population demanding the product or service, but not many firms are supplying in the market?

/in /by

Building Mid-Size Hybrid Sedan

Research the automative industry and write up a description of the market

Research Topic: Building Mid-Size Hybrid Sedan that is is lower cost but comes with additional safety features to protect consumers. Manufacturing plant located within India. We’re an external company{headquartered outside the country}

1) What are the market conditions? Are there too many firms to serve a small population? Is there a huge population demanding the product or service, but not many firms are supplying in the market?

2) Are there any kinds of social-political constraints in such market or industry?

What is the main question that the author is trying to answer? Where do the data come from? Who is included in the sample, etc.?

/in /by

Graduate Econometrics

Replication Project: Part 1
The following paper is posted to Canvas, along with the dataset:
“Using Geographic Variation in College Proximity to Estimate the Return to Schooling”. In L.N.
Christofides, E.K. Grant, and R. Swidinsky, editors, Aspects of Labor Market Behaviour: Essays in Honour of John Vanderkamp. Toronto: University of Toronto Press, 1995.

Checklist for your final write–up for Part 1:
• Briefly summarize the paper’s main question and data, being sure to address:

  • What is the main question that the author is trying to answer?
  • Where do the data come from? (Who is included in the sample, etc.?)

• Replicate the results in Table 1, columns (2) and (3).

Note: There may be a few small discrepancies between what you estimate with the data and what is presented in the paper. The table in your final write–up must match your do– file.

You must submit the following files in Canvas:

  •  Do File
  •  Log File
  •  PDF or Word document that contains no more than 2 pages: one each for the formatted output (table) and write–up.

Note: The do–file and log file must show all work with the data, including opening the dataset, any data manipulations, and all subsequent code to produce the final output for your tables and responses.

Recent research suggests some students in England will never pay back their student loans. Is the Human Capital Model broken? Discuss this with the help of theories and diagrams.

/in /by

Economics

Recent research suggests some students in England will never pay back their student loans. Is the Human Capital Model broken? Discuss this with the help of theories and diagrams.