Choose one of the following disciplines: sociology, political science, mathematics, history, philosophy, law, physics, biology – and discuss the patterns of interaction between this discipline and economics. – How do you see the future of economics? What methodological changes and challenges are we to expect in the next decades?

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Economics Question

– Economics is related to many disciplines. Choose one of the following disciplines: sociology, political science, mathematics, history, philosophy, law, physics, biology – and discuss the patterns of interaction between this discipline and economics.
– How do you see the future of economics? What methodological changes and challenges are we to expect in the next decades?
– What could be the value of economic theory? Find an example of applying economics in real- world practices and discuss whether economics has been successful as an applied discipline.
– What are the limitations of economics? Find a critique of (contemporary or past) economics and use the ideas from the course to analyze whether and how far this critique could be justified
-How do the contexts shape economics? Consider one of many social/political factors and explain, how and why it may matter for economic analysis and economics discipline
– Pick up an economic model of interest to you (not considered in the course) and analyze it using the approaches you have studied or other methodological perspectives on modelling.
-Find a paper in empirical economics and evaluate, based on what you have learned in the course, the methods used there to establish a causal connection.
-Find a debate/controversy in contemporary or past economics (not studied in the course) and explain the fundamental methodological assumptions used by the participants of the debate
-Find an example of a paper or a policy document in economics that deals with normative questions and reconstruct its normative (value) presuppositions.
-A topic of your choice (approved by the lecturers, please contact the course coorinator if you would suggest your own topic)

Explain which graph in our collection – A, B, C, or D – illustrates the shift that you identify by describing the change in equilibrium quantity. Remember to illustrate the shifts shown in at least two of the four graphs.

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Supply and Demand

Assignment History
Find two news articles from the Internet that illustrate a shift in supply and/or demand but DO NOT directly refer to supply and/or demand. The articles need to illustrate at least two of the four graphs. The articles must be recent (within the last six months), and MUST NOT be from an encyclopedia, journal, or reference website that discusses demand and supply.
DO NOT use blogs.
The best articles are about changes in the price and/or sales of a particular product. You then have the opportunity to demonstrate your understanding of supply and demand shifts as you explain the changes why the graphs you select may explain the topic discussed in the articles. RECOMMENDATION: READ THE SAMPLE PROJECT: Under the Getting Started link.
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.) If you use more than one article, then citations are required.
Explain which graph in our collection – A, B, C, or D – illustrates the shift that you identify by describing the change in equilibrium quantity. Remember to illustrate the shifts shown in at least two of the four graphs.
Some articles may describe a situation where both curves shift. This is not common but it is possible.

Write any three characteristics of capitalistic economy and mixed economy. What do you mean by macro-economics ? write its characteristics. Distinguish between micro economics and macro economics.

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ECONOMICS–2023

Contact no -9806740540
1. Write any three characteristics of capitalistic economy and mixed economy.
2. What do you mean by macro-economics ? write its characteristics.
3. Distinguish between micro economics and macro economics. (Any three)
4. What is opportunity cost ? Explain with example.
5. What do you mean by production possibility (PPC )?
6. Differentiate between economic activities and non economic activities. (Any three)
7. Differentiate between centrally planned economy and market economy . (Any three)
8. Differentiate between law of demand and elasticity of demand.
9. Write the essential elements of demand.
10. What do you mean by utility ? Explain the types of utility.
11. Write any five factors affecting elasticity of demand.
12. Explain the factors affecting demand.
13. Differentiate between substitute goods and complementary goods.
14. What is indifference curve ? write its features/ characteristics.
15. Explain the difference between individual demand and market demand schedule.
16. Write any five exceptions (limitations) to the law of demand.
17. Differentiate between fixed cost and variable cost. (any four)
18. Distinguish between stock and supply.
19. Why cost curves are ‘U’ shaped. Give reasons.
20. Write exceptions to the law of supply.
21. . Distinguish between market price and normal price.
22. Classify market on the basis of time .
23. Classify market on the basis of area of region.
24. Distinguish between national income and national wealth.
25. Discuss the importance of national income.
26. Distinguish between national income and per capita income.
27. Distinguish between stock and flow.
28. Write five suggestions to increase national income in india.
29. Distinguish between closed economy and open economy.
30. What are the causes of low national income in India.
31. Differentiate between stock money and flow money .
32. Define money ? Write primary functions of money. (or) “Money is the medium of exchange” explain

33. “Money is a good servant but a bad master” explain.
34. What is barter system ? What are its defects \ drawbacks ?
35. What is central bank Explain five functions of RBI (central bank ) in detail.
36. Write any four functions of commercial banks.
37. State the difference between metallic money and paper money.
38. .Differentiate between central bank (RBI) and commercial bank.
39. Discuss the importance of bank’s in India.
40. Explain the merits of a good money material.
41. Discuss the measures to correct excess demand.
42. Differentiate between excess demand and deficit demand.
43. What is deficit demand ? what are its causes ?
44. Write a note on surplus budget, balance budget and deficit budget.
45. Differentiate between direct tax and indirect tax.
46. Explain the types of budget.
47. Differentiate between revenue Expenditure and capital Expenditure.
48. Differentiate between revenue receipts and capital receipts.
49. Suggest measures to improve the condition of adverse balance of payments.
50. Differentiate between balance of trade and balance of payments.
51. Give arguments in favour and against fixed exchange rate.
52. Explain the factors affecting fluctuations in foreign exchange.
53. Discuss the monetary measures to correct disequilibrium in the balance of payments.
54. Discuss the Non-monetary measures to correct disequilibrium in the balance of payments

  • Substitute Goods?                                                      Complementary Goods?
  • Giffen Goods (Giffen Paradox)?                              Utility ?
  • Consumption Goods ?                                               Capital Goods ?
  • (Consumer ) Final Goods ?                                       Budget Line ?
  • Law Of Supply ?                                                          Gross Domestic Production(GDP) ?
  • Capital Budget?                                                           Supplementary Budget?
  • Tax Evasion?                                                                Inferior Goods ?
  • Monotonic Preferences ?                                           Central Bank
  • Consumers Budget                                                      Paradox Of Thrift
  • Excess Supply                                                               Mixed Income
  • Excess Demand ?                                                        “Says Law Of Market”

Using simple supply and demand analysis (No Graphs – Just conceptualize), think about the system of allocating human kidneys. The law forbids the sale of human organs but allows their voluntary donation. This means that there is a bigger shortage of kidneys than there otherwise would be. Does this fact alter your view of the law forbidding the sale of human organs? How about blood?

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Moral Hazard

Using simple supply and demand analysis (No Graphs – Just conceptualize), think about the system of allocating human kidneys. The law forbids the sale of human organs but allows their voluntary donation. This means that there is a bigger shortage of kidneys than there otherwise would be. Does this fact alter your view of the law forbidding the sale of human organs? How about blood?

Discuss the impact of government/legal policies on international business.

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Economics Question

Discuss the impact of government/legal policies on international business. (350 minimum double space, 1 reference in APA style, 1 in text citation/concepts.)

Write an essay explaining the causes of the financial crisis of 2007-2008.

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Financial crisis of 2007-2008

Write an essay explaining the causes of the financial crisis of 2007-2008.

As a consequence of a new satellite that the Pentagon developed, subscribers in LA are now able to get the NY broadcast and vice versa so Sal can charge only a single price. What is the profit-maximizing single price that he should charge?

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DISCUSSION QUESTION

Problem 1. 6.8 from Cabral: Sal’s satellite company broadcasts TV to subscribers in LA and NY.

Demand functions are

  • QNY=50-(1/3)PNY
  • QLA=80-(2/3)PLA

where Q is in thousands of subscriptions per year and P is the subscription price per year.

The cost of providing Q units of service is given by TC=1000+30Q, where Q= QNY + QLA.

  1. a) What are the profit-maximizing prices and quantities for the NY and LA markets?
  2. b) As a consequence of a new satellite that the Pentagon developed, subscribers in LA are now able to get the NY broadcast and vice versa so Sal can charge only a single price. What is the profit-maximizing single price that he should charge?
  3. c) In which situation is Sal better off? In terms of consumers’ surplus which situation do people in LA prefer and which do people in NY prefer? Why?

Problem 2. 6.10 from Cabral: SpokenWord:

Your software company has just completed the first version of Spoken Word, a voice- activated word processor. As marketing manager, you have to decide on the pricing of the new software. You commissioned a study to determine the potential demand for SpokenWord. From this study, you know that there are essentially two market segments of equal size, professionals and students (one million each). Professionals would be willing to pay up to $400 and students up to $100 for the full version of the software. A substantially scaled-down version of the software would be worth $50 to students and worthless to professionals. It is equally costly to sell any version. In fact, other than the initial development costs, production costs are zero. Although you know there are two market segments, you cannot directly identify a consumer as belonging to a specific market segment.

(a) What are the optimal prices for each version of the software? Suppose that, instead of the scaled-down version, the firm sells an intermediate version that is valued at $200 by professionals and $75 by students.

(b) What are the optimal prices for each version of the software? Is the firm better off by selling the intermediate version instead of the scaled-down version?

 

In 150 words, discuss the influence of social media on the buying behavior of Millennials.

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Influence of social media on the buying behavior of Millennials

In 150 words, discuss the influence of social media on the buying behavior of Millennials. Include a cover page and references with SOLID academic writing.

 

Write a memo for your leadership articulating and analyzing various challenges and recommendations regarding the path you think the firm should take.

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DISCUSSION ESSAY

In highly influential research published by the National Bureau of Economic Research, Sandra L. Decker and Amy Ellen Schwartz reached a curious conclusion. They found that higher alcohol prices decrease alcohol consumption and smoking participation (suggesting a complementarity in consumption). Higher cigarette prices tend to reduce smoking participation but increase drinking (meaning substitutability in consumption). Their research titled “CIGARETTES AND ALCOHOL: SUBSTITUTES OR COMPLEMENTS?” is provided with this examination. If their research is valid, then it will be tough for the government to decide whether to tax alcohol or tobacco or both.

Imagine that you are working for a corporate strategy firm that advises corporations about governmental relations. A tobacco manufacturer approaches you for consulting services. They want you to look at the sin taxes that affect their business. They acknowledge that a sin tax, whether levied on alcohol or tobacco, will always reduce the demand for their product. They want to avoid that by arguing that sin taxes imposed on tobacco might increase alcoholism and drunk driving. That might pose an additional burden on society and affect the insurance market. They want to argue that taxes levied on tobacco might increase drinking and lead to higher chances of alcohol-related diseases and drunk driving-related death and injury.

However, your existing client is a manufacturer of alcohol products, and they like the tobacco taxes as they might increase the demand for alcohol. Your firm also wants to court a life insurance company, but taking a side with the higher tobacco taxes might make them unhappy. An increase in drunk driving might lead to more accidents and deaths, adversely affecting the life insurance company’s business.

Given the situation’s complexity, your corporate leaders want to meet for a brainstorming and strategy session. The leadership wants you to make a comprehensive presentation about your firm’s business and client relationship strategy, keeping in mind the conflicting needs of various existing and future clients. Your company’s financial success, reputation, and, ultimately, your job depend on your presentation. In other words, you are now a key participant in a very high-stakes scenario analysis that might make or break your career.

Write a memo for your leadership articulating and analyzing various challenges and recommendations regarding the path you think the firm should take.

 

Identify an online sales company and explain how the concepts of complexity and divergence apply. Provide specific examples in your response.

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Economics Discussion

Identify an online sales company and explain how the concepts of complexity and divergence apply. Provide specific examples in your response.