Explain what is meant by debt sustainability and what indicators you would look at to assess the sustainability of public sector debt.

Explain why certain countries (such as Japan) are able to sustain high public debt for long periods and why others are not.

Discuss steps that should have been taken to self-correct the market failure and steps that are being taken to eliminate the need of another government bailout in the future.

For this discussion, please investigate an industry market failure that has occurred within the last 10-years in the U.S. Identify the events that led to the market failure.

Discuss steps that should have been taken to self-correct the market failure and steps that are being taken to eliminate the need of another government bailout in the future. Is your chosen industry currently operating efficiently?

Locate a recent article or event (published within the last year) that highlights your relevant microeconomics topic. Use the Hunt Library, newspapers, new stations, or other credible sources to discuss how your topic aligns with microeconomics. Include the following in your discussion:

State the article or event you selected.
Identify the microeconomic concept(s).
Describe your findings.
Analyze the relevance to real-life applications.
Summarize your findings using at least 250 words and provide a minimum of one reference. Use current APA formatting to document your source

Compare the short term impact and long term impact on jobs based on steel and aluminum tariffs?

Tariffs and quotas are a hot topic. For this paper, you will research tariff on tires and steel and aluminum. The paper should be a minimum of 500 words, MLA or APA style and use at least three outside sources. Two sources to start:

Peterson Institute (Links to an external site.)

Trade Partnership (Links to an external site.)

1. Compare the short term impact and long term impact on jobs based on steel and aluminum tariffs?

2. What impact has the tire tariff have on the economy overall?

3. In your opinion, is the tariff effective in changing the economic performance of a country? (Support your answer)

Using your own knowledge of economics, and knowledge from the text, Evaluate if Netflix should raise its premium plan from $16 to $20.

Netflix is raising prices.

Given how much it has been spending on content, the move isn’t surprising, but the latest jump — anywhere from 13 to 18 percent depending on the subscription plan — is the biggest increase since Netflix started its streaming service a dozen years ago. That’s going to hurt some consumers.

…Netflix’s most popular plan, which gives a customer two simultaneous streams, will get the largest increase, to $13 a month from $11. Still, it’s cheaper than HBO, whose streaming service costs about $15 a month. The $8 a month plan will now cost $9, and the high-end version, which allows for four simultaneous streams, jumps to $16 from $14. (The new prices took effect Tuesday for new subscribers. For existing customers, the increases will start in about three months.)

Netflix, which will report quarterly earnings on Thursday, has committed to spending over $18.6 billion on content. That’s for shows and films that won’t appear on the service for months, whether it’s the next season of “Stranger Things” or the forthcoming lineup from the super producer Shonda Rhimes.

Multiply that by the hundreds of hours of original content that Netflix produces every year, and the cash starts to bleed out. The company had negative free cash flow of $2 billion last year. It expects that figure to rise to about $3 billion this year and about the same next year.

Spending big on content while keeping prices modest has helped Netflix expand its customer base, about 58 million in the United States and 130 million worldwide. Those figures will be updated Thursday as part of its earnings report.

The stakes for owning content have risen. Big-pocketed players like the Walt Disney Company, AT&T and NBCUniversal plan to compete with Netflix with streaming services of their own. Both Disney and AT&T’s WarnerMedia plan to unveil their products by the end of the year, and NBCUniversal, owned by Comcast, is working on an ad-supported model streaming service that it plans to make available in early 2020.

Not to be left out, Amazon offers a streaming service as part of its Prime shipping program for $13 a month, or $120 a year. Hulu sells an ad-free service for $12 per month. (Disney will take control of Hulu once it completes its acquisition of the bulk of Rupert Murdoch’s Fox business, sometime around the middle of the year.)

There is also Apple, which has spent well over $1 billion to create original TV shows. The boom in streaming has increased costs throughout Hollywood, where competition for talent and property has intensified.

As Netflix’s chief executive, Reed Hastings, said in October: “There’s never been so much TV and movies being created around the world. So the game is on.”

PED Data Response

  1. Using your own knowledge of economics, and knowledge from the text, Evaluate if Netflix should raise its premium plan from $16 to $20.

 

Write an essay to exam the impact of the slowdown of the Chinese economy on other economies in Asia and Australasia region.

Points to Includes
– Use 15 sources (APA) – only reliable articles and websites
– Use 4 tables or charts comparing with China and Japan
– Double-space, 12, Times New Roman
– Plagiarism rate no more than 10%
– 1,500 words Maximum – 150-200 for introduction, 200-300 for body paragraphs x 4, 75-100 for conclusion
– The essay should be in economic terms and views as this is an economic unit
– Points must include:
o Implications of Chinese economy slowdown on Japan
o Direct impacts (both macro and micro aspects)
o Indirect impacts

There are strong indications that the Chinese economy is slowing down after three decades of rapid growth. Its rapid growth transformed not only China’s own economy but also had a huge impact on other economies in Asia and the world. China emerged as the ‘assembly centre’ of production networks and has played a major role in the deeper integration of
economies in this region.

Clearly, a Chinese slowdown will have major impacts on the economies of this region. Also note that the Chinese slowdown is happening at a time when the global economy, including the major OECD economies, is facing difficult times.

The essay should focus on a selected economy in Asia (NOT Vietnam, as there is a chapter on Vietnam in the reference (a) given below) or the Australia-New Zealand region, and discuss the implications of the Chinese economy slow down on that economy.

The essay should describe, proving figures and data is necessary, the trade and investment linkages of the selected economy with China and the rest of the world, and how these relationships have evolved during the period of the ‘China Boom’. It should then discuss how a slowdown in Chinese economy impacts on the selected country through the various channels (trade, tourism, investment etc.), noting that there will be both direct impacts as well as indirect impacts. The indirect impacts come from the impact of the Chinese slowdown on other countries of the world, which in turn will impact on the selected economy. You should discuss what may be the impact on important economic variables such as, for example, the country’s real income, its balance of payments position, employment and investment.

Using the same microeconomic concept chosen above, explain how it would be applied to the firm where you work or the type of firm you hope to work for in the future.

Over the past seven weeks, we have explored the foundational concepts and principles of microeconomics, and we have applied them to the world around us. Take this time to share what you have learned with your classmates. In your initial post, respond to the following:

  • Choose one microeconomic concept applied in your final project. Explain your findings and the implications to your chosen firm’s sustainability.
  • Using the same microeconomic concept chosen above, explain how it would be applied to the firm where you work or the type of firm you hope to work for in the future. What does this imply about this firm’s future?

How does the initiative foster alternative ownership, production, consumption and/or distribution?

Advanced community development practice involves a critique of dominant development along with the planning and implementation of alternative operating systems. Alternative systems draw on many if not all of the ten principles of sustainability discussed in class and contest accumulation-centred (capitalist) relations. Explore an example of an alternative to conventional development in Northern Ontario or elsewhere in Canada, drawing on course concepts, materials and readings and other academic and community sources. Do not “list” the ten principles of sustainability, but rather you should integrate them into your exploration/critique of the alternative community development project you have chosen. You may wish to consider one of the following questions to guide your paper:

How does the initiative foster alternative ownership, production, consumption and/or distribution?
How does the initiative contribute to advancing a more progressive “standard of measurement” for development than the Gross Domestic Product?
How does the initiative challenfktge or subvert dominant development paradigms?

How is it possible for perfectly competitive firms to maximize profit in the short run versus in the long run?

How is it possible for perfectly competitive firms to maximize profit in the short run versus in the long run? Provide an exampfktle from your own work experience.

Explain the different types of market structures using both graphs and verbal explanation.

Midterm and Final assignment: final report

Your Midterm and Final assignment takes the form of an individual report and it is divided into two parts:

Midterm – Choose one of the three following companies

  1. ONE of the 3 following companies: 
  • Inditex
  • Samsung
  • Tesla
  • Use the model of supply and demand and provide a textual and diagrammatic explanation, to explain the prices and quantity of the goods that your company provides to the market. Identify the main factors that affect this market and how they influence the supply and demand for your company’s products – support your answer by providing supply and demand diagrams.
  • Explain the elasticity of supply and demand of the good

Final – Part II of the report on your company (chosen for Part 1)

  1. Please briefly answer the theoretical questions below based on the content from Week 3 to Week 8:
    1. Explain the different types of market structures using both graphs and verbal explanation. Provide a specific example of each market.
    2. Use Porter’s Five Forces to show how competitive your company’s market is and which market structure appropriately describes it.
    3. Consider the supply chain of your company and analyse what externalities are caused by its production. Suggest how the company could compensate for or reduce these externalities.

This report should be completed by you individually, it is not a group assignment.

Formalities:

  • Wordcount: 1500 words (approximately for ‘Part A’ 750 words and ‘Part B’ 750 words)
  • Cover, Table of Contents, References and Appendix are excluded of the total wordcount.
  • Font: Arial 12,5 pts.
  • Text alignment: Justified.
  • The in-text References and the Bibliography have to be in Harvard’s citation style.
  • Word or Pdf formats are accepted.

Submission deadline:

Weight:

It assesses the following learning outcomes:

  • Outcome 1: Demonstrate an understanding of economic decision-making of different actors.
  • Outcome 2: Understand the relationship between economic theory and practice.
  • Outcome 3: Evaluate real life situations with practical application of the acquired tools and knowledge.

What is the pre-requisite of the variables for a cointegration relationship to exist between them

In the paper by Terence C. Mills and Alessandra G. Mills (1991) on “The International Transmission of Bond Market Movements”, they investigate the relationships between the government bond yield of four countries, namely the US, the UK, West Germany (WG) and Japan. Mills and Mills (1991) performed unit root tests on each of the four countries bond yield and found the yield to be an I(1) process. They also performed a cointegration test on all four countries bond yield but failed to find any cointegrating relationships amongst them. They then estimated a Vector Autoregression (VAR) of lag order 8. To generate variance decompositions from their model, they considered two Cholesky orderings: the first ordering (I) is (US, UK, WG, Japan) and the second ordering (II) is (Japan, UK, WG, US). (a) What is the pre-requisite of the variables for a cointegration relationship to exist between them? [1] (b) Suppose you believe that the US and UK bond prices possess a long-run relationship. Explain how you can undertake a formal test on this conjecture. [5] (c) Write out the system of four regressions involving the four countries bond yield. For purpose of exposition and simplicity of notation, use only one 1 lag and let ri denote the yield for country i= US, UK, WG and JP. [2] (d) What is the rationale of using the second ordering when presenting the impulse responses results? [1