Elkington argues that in that same decision-making process, the people gathered need to ask, Should we make and sell this at all? Can we make and sell this in a way that is good for the people doing the making? What impact will this have on our community?

Assignment 1

The 20th century saw a burst of business growth. As the century progressed, the need to attend to the impact of business on people and on the environment became impossible to ignore. In 1994, a British man named John Elkington coined the phrase “triple bottom line” (TBL) as a memorable way of encouraging business leaders to pay more attention to the impact of their operations on people and the planet. “Triple bottom line” thinking is not anti-profit. As a business philosophy, it takes into account the fact that business cannot continue without a profit. When the expenses exceed the income, someone has to make up the difference. Always. Instead, Elkington simply argued that when you are making decisions and paying attention to the likely impact on the bottom line, you should also pay some attention to the likely
impact on people and planet.
For any new product or service, it is essential to ask, Can we make and sell this profitably? Elkington argues that in that same decision-making process, the people gathered need to ask, Should we make and sell this at all? Can we make and sell this in a way that is good for the people doing the making? What impact will this have on our community? What impact will this have on the environment? The goal is not to stop business as a means of organizing resources and people to meet human needs. The goal is to raise the bar on how we do business to make sure
everything we choose to do, and every system of operations created, is not only
profitable, but also beneficial to people and planet. Change is hard. And once a business is built around harmful practices, it can be quite difficult to change all the systems, procedures, and processes that enable the business to operate profitably. But consider the alternative: to continue operating in the normal way despite it causing irreversible harm to people and planet. That’s really not an option once you know there’s a viable solution. The good news is that it is entirely possible to operate profitable businesses in ways that empower people and build up communities. Many companies have proved that we can change our ways of operating businesses to reduce environmental harm and, at our best, play a restorative role in the world around us. In the 25 years since John Elkington first penned the phrase “triple bottom line,” the business world has been revolutionized. Today, nearly every Fortune 500 company has a webpage on sustainability or social responsibility. The change is not complete, but the past two decades are full of success stories of leaders who have found that considering people and planet doesn’t prevent profit so much as it encourages innovation and creative thinking that is essential to ensuring that businesses generate value even more broadly. It’s difficult to know what the next 25 years of business will bring. But given the precarious state of our society and environment, it’s essential that businesses continue to serve all three components of the triple bottom line.

Multiple-Choice Question

What is the ideal result of adopting the “triple bottom line” perspective?

To what extent did the political instability affect the Libyan economy after the revolution of 2011. Discuss GDP, inflation, unemployment rate and poverty.

Libyan economy after the revolution of 2011

To what extent did the political instability affect the Libyan economy after the revolution of 2011

Use quantitative and qualitative research methodology. Use footnotes in pages when necessary. No plagiarism. Discuss GDP, inflation, unemployment rate and poverty. Use good academic resources.

Hypothesis questions should discuss the impact of decline in oil revenues leading to GDP decline; inflation related to scarcity of goods and supply chains breaking down; unemployment; poverty. Be clear with the hypothesis questions and research should answer all of them. Use as many resources as required. Please read attached files.

Find out the effect that electricity market liberalization has on electricity price. Find out if power sector reform can improve the efficiency in power generation companies.

[Revision] Introduction of electricicy market liberalization in Balkan countries- a cross country approach

Write an a dissertation paper on liberalisation of electricity market in Balkan countries. This study collected data from ten Balkan countries for a ten – year period (2010-2019). All the countries that are part of this research paper have introduced electricity market reform in recent years. Different countries have employed the electricity market reform in different periods, because of this reason this research will employ both panel data and cross sectional- data.

Objectives

• To find out the effect that electricity market liberalization has on electricity price

To find out if power sector reform can improve the efficiency in power generation companies.

This study uses an econometric approach to analyse the impact of electricity market liberalization policies on electricity price and performance.

. To analyse the data the study will use the regression analysis. The panel data method will be used to run the regression analyses. It consists of a combination of time series data and crossed data used for analyzing the variables considered in this research paper.

Calculate (in $$$) opportunity costs of natural disaster. Discuss the opportunity costs of your visiting the doctor’s office. Calculate (in $$$) your opportunity costs of your visiting the doctor’s office.

Econ 1

You are standing in line. Think about what you would be doing if you are not in this line. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) if you are not in this line, determining the opportunity cost requires only knowing the one thing you would be doing. Calculate (in $$$) your opportunity costs of standing in line.
Think about what you would be doing if you weren’t in class. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) if you were not in class, determining the opportunity cost requires only knowing the one thing you would be doing. Calculate (in $$$) your opportunity costs of sitting in class.
The classic example of opportunity cost is the costs of going to college. Illustrate the implicit opportunity cost of foregone income as well as tuition, books, etc. Think about whether room and board should be considered a cost of college. What are your opportunity costs of going to college? Calculate (in $$$) your opportunity costs of going to college.
Discuss the opportunity costs of natural disasters. Create your own example of the opportunity costs of natural disaster. Calculate (in $$$) opportunity costs of natural disaster.
Discuss the opportunity costs of your visiting the doctor’s office. Calculate (in $$$) your opportunity costs of your visiting the doctor’s office.
Read the articles and create your own example of opportunity costs. Your ideas should be supported by calculation (in $$$) of opportunity cost
Step 3: Reflection – the students also should include a paragraph in the initial response in their own words, using microeconomic terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.

Calculate (in $$$) opportunity costs of natural disaster. Discuss the opportunity costs of your visiting the doctor’s office. Calculate (in $$$) your opportunity costs of your visiting the doctor’s office.

Econ 1

Step 1: Read the articles. These articles contain examples of calculating opportunity costs. You will follow these examples to answer one of the questions listed at the bottom of the topic.

1) 1) The opportunity cost of buying iPhones and Cronuts

By Ben Walsh, September 2013

http://blogs.reuters.com/ben-walsh/2013/09/20/the-opportunity-cost-of-buying-iphones-and-cronuts/

2) The potential economic costs of Tropical Storm Harvey: Explained

by Nathaniel Meyersohn, August 26, 2017

http://money.cnn.com/2017/08/25/news/harvey-costs/index.html

3) Unpaid internships offer valuable experience, but only for those who can afford it.

http://chicagomaroon.com/2012/04/13/opportunity-cost/ by Dillon Cory – Apr 13, 2012

4) 8 Chores That Aren’t Worth Your Time (So Outsource Them!)

https://www.aol.com/article/finance/2014/06/16/chores-not-worth-your-time-outsource-them/20912544/ by Hank Coleman – June 16, 2014

5) Paying for Health care with time

6) It Costs You $43 to Sit Around the Doctor’s Waiting Room

http://time.com/money/4063039/time-money-doctor-visit-healthcare/

7) What is the Value of Exercise? 2,500 by Gretchen Reyholds, Sep 7, 2016.

8) Listen Planet-Money:

Episode 386: Cost of Free Doughnuts

https://www.npr.org/2020/01/08/794592539/episode-386-the-cost-of-free-doughnuts

You are expected to make your own contribution in a main topic as well as respond with value-added comments to at least two of your classmates. You are encouraged to respond to other students as well as to your instructor.

Step 2: Choose one case to answer the question from the list below.

You are standing in line. Think about what you would be doing if you are not in this line. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) if you are not in this line, determining the opportunity cost requires only knowing the one thing you would be doing. Calculate (in $$$) your opportunity costs of standing in line.
Think about what you would be doing if you weren’t in class. The alternatives are infinite and computing the cost of them all is impossible. However, since you could only be doing one thing (not all of them) if you were not in class, determining the opportunity cost requires only knowing the one thing you would be doing. Calculate (in $$$) your opportunity costs of sitting in class.
The classic example of opportunity cost is the costs of going to college. Illustrate the implicit opportunity cost of foregone income as well as tuition, books, etc. Think about whether room and board should be considered a cost of college. What are your opportunity costs of going to college? Calculate (in $$$) your opportunity costs of going to college.
Discuss the opportunity costs of natural disasters. Create your own example of the opportunity costs of natural disaster. Calculate (in $$$) opportunity costs of natural disaster.
Discuss the opportunity costs of your visiting the doctor’s office. Calculate (in $$$) your opportunity costs of your visiting the doctor’s office.
Read the articles and create your own example of opportunity costs. Your ideas should be supported by calculation (in $$$) of opportunity cost
Step 3: Reflection – the students also should include a paragraph in the initial response in their own words, using microeconomic terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.

The BRIC countries collectively are not going to be a threat to other nations. Why? Diverging economic models and. Other nations with more potential i.e. Vietnam, Thailand, Mexico, Indonesia

The rise and fall of the BRICs

In 2001, Jim O’Neil looked at the GDP standings of the world economies and using GDP projections observed that Brazil, Russia, Indian and China (the BRICs) share of world GDP was set to rise dramatically. Paper available here for reference: (November 30, 2001).

Analyse why Jim O’Neill was not correct about his thesis on the BRIC countries arguing and that the BRICS era is over.

Structure the essay along the following arguments:

1. The rise of the BRICS can be more accurately described as the rise of China and India

2. Political and economic issues have held back economic progress in Russia and Brazil particularly during the last decade ie 2010-20 (because of weak institutions, too much reliance on commodities, poor fiscal policies etc)

3. The BRIC countries collectively are not going to be a threat to other nations. Why? Diverging economic models and. Other nations with more potential i.e. Vietnam, Thailand, Mexico, Indonesia

4. Conclude with the point that the BRIC countries will become increasingly irrelevant and will not be able to rival the G7 and the Western nations. Why? You need more than growth to rival the current superpowers i.e. soft power, culture

Explain the differences between the two approaches. Discuss the advantages and disadvantages of each method compared to the other. What does this organization do well in your opinion with regards to budgeting? What needs improved?

Budgeting Process

The budgeting process is not the same in every organization. Some organizations have a top-down approach. Others have a bottom-up process.

  1. Explain the differences between the two approaches.
  2. Discuss the advantages and disadvantages of each method compared to the other.
  3. Describe your own organization’s (or one with which you are familiar, or an example from an online search) approach to budgeting. Writer, your choice on the organization
  4. What does this organization do well in your opinion with regards to budgeting? What needs improved?

How this industry creates externalities – negative/positive production/consumption externality. does it impact society negatively or positively?

The demand and supply of smartphones and tablets

part 1. overview of the industry – how consumption and production has changed in the past 10 years. what are the factors that have changed consumption and production

part 2. how this industry is creating market failure – government failure? market failure? or both? – smartphone/tablets does not have government failure lol

part 3. externalities – how this industry creates externalities – negative/positive production/consumption externality. does it impact society negatively or positively? government

What’s the aim, the author’s intent? What are the major historical and conceptual issues stressed? What are the major points the author is making?

Bullionist controversy

Write an analysis paper on the Bullionist controversy between the currency and banking schools. Focus on David Ricardo, Henry Thornton and Robert Torrens.
Make sure to include the following points: An introduction to the issue. This might include a brief summary of the context in which the author is writing, and-thus-what motivated his thinking. It might also include why the issues were thought to be important.

Try to identify the question-or questions-the work is trying to answer; what’s the aim, the author’s intent? What are the major historical and conceptual issues stressed? What are the major points the author is making? This could lead into the analysis (or model) the author provides.

Explain how the author is/are trying to answer the question: what techniques, analytical tools, quantitative tools are used? What’s the theory underlying the article? What presuppositions lie behind the work? What (if any) empirical work, what evidence, does the author provide? What would you like to know more about-or what (if anything) did the author not talk about that you thought might have been talked about?

Drawing an aggregate expenditure function and altering it based on a given scenario. Determine how changes in one component of aggregate expenditure.

Lesson 7 ConcepTest

In each lesson, you’ll have an opportunity to practice some of the concepts, calculations, or techniques presented in the lesson. This ConcepTest will give you practice with the following:

Drawing an aggregate expenditure function and altering it based on a given scenario

Determining how changes in one component of aggregate expenditure

Calculating the following:

unplanned changes in inventories

MPC

MPS

the value of the equilibrium real GDP

autonomous consumption

multipliers

Procedure

document (docx).

Work through the problems in the Word document.

Save your work to your computer.