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Briefly explain in what way markets can fail and what kind of activities should be performed by the state to address these inefficiencies. Do governments respond to market failures to the same degree? Provide examples from different countries and time periods reported in journal articles, news stories or government reports.

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Public Sector Economics

Answer both questions. The answers should be 750 words for each question. Please provide correct citations for each resource where the examples are coming from.

Question 1

Government intervention in a market economy is justified by market failure. Briefly explain in what way markets can fail and what kind of activities should be performed by the state to address these inefficiencies. Do governments respond to market failures to the same degree? Provide examples from different countries and time periods reported in journal articles, news stories or government reports. Make sure you critically discuss each example in detail and provide your own critical overview.

Question 2:

In the case of a negative externality (for example, air pollution resulting from coal burning) what kind of government policies can be used to achieve the social optimum? Critically analyse and compare these policies. Use government reports, journal articles and news stories to support your answer.

Who would be the ideal candidate(s) from whom to elicit information during the requirements gathering and analysis phase of the database project? Explain why.

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2DQ1-2-650

DQ1

Who would be the ideal candidate(s) from whom to elicit information during the requirements gathering and analysis phase of the database project? Explain why.

DQ2

Typically, a patient staying in a hospital receives medications that have been ordered by a particular doctor. Because the patient often receives several medications per day, there is a 1:M relationship between patient and order. Similarly, each order can include several medications, creating a 1:M relationship between order and medication.

Identify different entities from this scenario.

Create an entity-relationship diagram illustrating 1:1 and 1: many relationships.

Compare your ERD with another classmate’s and discuss the differences each of you had.

What are the work styles and personalities of Thomas Green and Frank Davis? How do the actions of Thomas Green differ from the expectations of Frank Davis? What is your analysis of Thomas Green’s actions and job performance in his first five months? What mistakes has he made?

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Thomas Green

You address questions, one may bleed into another.

What are the work styles and personalities of Thomas Green and Frank Davis?

How do the actions of Thomas Green differ from the expectations of Frank Davis?

What is your analysis of Thomas Green’s actions and job performance in his first five months? What mistakes has he made?

Plot the movement of the cross rates you calculated from part c) on a separate diagram. Clearly label your axes. In no more than 1-2 sentences, briefly comment on the cross rate diagram you have constructed.

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International Finance, Cross rates

The information you present in the report is up to you but there are some questions that must be specifically addressed. These are listed below and must be incorporated into your report/presentation.

  1. Comment in no more than 2-3 paragraphs on the exchange rate movement of each of the two chosen currencies (i.e. the Australian Dollar and the Turkish Lira) over the time period shown and make any comments as to possible explanatory causes you believe may have contributed to any noticeable patterns, peaks or troughs in the diagrams shown

 

  • Note* While Covid-19 certainly had an impact on exchange rates, it must be remembered that this was a relatively recent event (2020 -2022). Your discussion should therefore be inclusive of the entire 5 years shown on the graphs.

 

  1. Comment on whether the Australian Dollar and the Turkish Lira have appreciated or depreciated over this period in terms of the Chinese Renminbi. Justify your analysis with relevant calculations using the information shown below (which was taken from the diagrams).

 

Year Australian Dollar/ Chinese Renminbi rate Turkish Lira / Chinese Renminbi rate
  AUD/CNY TRY/CNY
18 Jan 2017 5.17838 1.82311
18 Jan 2018 5.12899 1.68475
18 Jan 2019 4.86940 1.26408
18 Jan 2020 4.71856 1.16493
18 Jan 2021 4.98210 0.867676
18 Jan 2022 4.56488 0.469323
  1. We also have access to the cross rates for USD/TRY for the same comparable time period i.e. the United States Dollar and the Turkish Lira. These cross rates have been added to the previous table and are shown below. Based on these three (3) series of cross rates, complete the table below showing the cross rates for the Australian Dollar / United States Dollar (AUD/USD) for the time periods listed below. In other words, calculate the cross rates for column 5 below.

 

 

Year Australian Dollar/ Chinese Renminbi

 

AUD/CNY

 Turkish Lira / Chinese Renminbi

 

TRY/CNY

 United States Dollar / Turkish Lira

 

USD/TRY

 Australian Dollar / United States Dollar

 

AUD/USD
18 Jan 2017 5.17838 1.82311 3.76184  
18 Jan 2018 5.12899 1.68475 3.81868  
18 Jan 2019 4.86940 1.26408 5.35780  
18 Jan 2020 4.71856 1.16493 5.88842  
18 Jan 2021 4.98210 0.867676 7.46804  
18 Jan 2022 4.56488 0.469323 13.511  

 

 

  1. Plot the movement of the cross rates you calculated from part c) on a separate diagram. Clearly label your axes. In no more than 1-2 sentences, briefly comment on the cross rate diagram you have constructed.

 

  1. You must have a bibliography using the Harvard system of referencing citing any readings, links, urls’s, etc. for the materials you used. A suggested number of references is between 4 – 10 references. Harvard referencing information can be found on the USQ Library main site (https://www.usq.edu.au/library/referencing/harvard-agps-referencing-guide). Note in particular the Web Documents and sites link if you are using internet references.

 

  1. Finally, don’t forget that your report should be concise and should be no more than 500 words in length or alternatively no more than 10 PowerPoint slides in total. Note that word length excludes tables, appendices and calculations. As such, any detailed technical information can be inserted into appendices to your report if need be. Finally, while in text citations do count as part of your word limit, your references list (bibliography) does not.

Use regression analysis and other quantitative techniques, and economic tools to estimate a demand function for the selected firm or industry or a country.

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Managerial economics project

The Group Course Project will consist of an estimation and in-depth analysis of a demand function (or any other chosen function/topic) for one company or industry or one (or more) countries selected by the group. The team consisting of 4-5 students is expected to:

a. Either use readily made available data given in the folder titled “Ready to Use Data….” Under the BB tab “Term Project Resources” for a company, product/industry or a country (use this data and conduct regression analysis are the standard minimum expectation for grading given the time constraints). Alternatively collect relevant data and information for the firm (or industry or country) from primary sources (such as survey data or company annual reports or other publicly available secondary sources. (In the second case, see Extra-credit incentive structure in item#12 below).

b. Use regression analysis and other quantitative techniques, and economic tools to estimate a demand function (or a different function or topic) for the selected firm or industry or a country.

c. At the minimum, use the regression analysis, report and interpret the regression results, and make an assessment of estimated results related to the chosen topic, reach conclusions, and make recommendations for the chosen firm (or industry or country as the case may be) to improve the financial and economic performance and future direction of the firm (or industry or country).

d. The final report will have the following basic format:

What social changes have occurred over the past two generations that have made early sport experiences for young women and men today different from those who went to school before the early 1970s?

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Assignment 4

Have brief conversations with 4 people as directed below. In paragraph form and using complete sentences, answer the questions below.

Your submission should be at least 2 pages [12 point font, double spaced, with 1 inch margins all around].

Part 1: Talk with a woman, and with a man, who went to high school or college before 1972.

Part 2: Talk with a woman and with a man, currently about age 20.

As the same question for each person:

What factors in their lives encouraged, limited, or prevented their participation in sport or other physical activity?

Note all the comparisons, and then go into more detail on the pairs who had quite different experiences.

Put everything in historical context. What social changes have occurred over the past two generations that have made early sport experiences for young women and men today different from those who went to school before the early 1970s?

What are the years covered in this description of biotechnology development? When this article was published, how many pharmaceutical companies were involved in the production of Gardasil? What is Gardasil? What are the top four medical disciplines for which the most biotech-developed treatment products have been produced?

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Unit IV Lecture Assignment – Evolution of Biotechnology

 

Save this document on your computer.  Type your answers in red following each prompt.  Save your document in docx, doc, or rtf format and upload it to the Assignments tab. In Brightspace.

https://www.healthaffairs.org/doi/10.1377/hlthaff.2014.1023

The above article provides an overview of the development of biotechnology in health care applications.

#1. What are the years covered in this description of biotechnology development? (0.5 pt)

#2. Choose one of the activities or products developed for patient care in the 1980s and find a source that explains how biotechnology was used for this activity or product.

  1. Description (1 pt)
  2. url for source (0.5 pt)

#3. Choose one of the activities or products developed for patient care in the 1990s and find a source that explains how biotechnology was used for this activity or product.

  1. Description (1 pt)
  2. url source (0.5 pt)

#4. Choose one of the activities or products developed for patient care in the 2000 – 2014 period and find a source that explains how biotechnology was used for this activity or product.

  1. Description (1 pt)
  2. url source (0.5 pt)

#5.  When this article was published, how many pharmaceutical companies were involved in the production of Gardasil?  What is Gardasil? (0.5 pt)

#6.  What are the top four medical disciplines for which the most biotech-developed treatment products have been produced? (1 pt)

#7.  Describe a biotechnology advance in medicine that has been developed since 2014. (1 pt)

#8.  Provide the url for the site that you used. (0.5 pt)

#9.   Describe current global advances in biotechnology. (1 pt)

#10.  Provide the url for the site that you used. (0.5)

After reviewing Article B, consider your current healthcare environment and develop a 10-point recovery guideline that you could present to hospital management.

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Business Administration

After reviewing Article B, consider your current healthcare environment and develop a 10-point recovery guideline that you could present to hospital management.

ArticleB:

How might Jesus’ life and death function as a template for our own approach to how we might confront evil and suffering? Explore how elements of Catholic Social Teaching, which draw on Christian anthropology, might be valuable in your chosen profession.

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Theology

Pope Francis has a number of profound saying in response to suffering, amongst others,

“Lord, help us to recognize you in the sick, poor and suffering”; “Like the Good Samaritan, may we not be ashamed of touching the wounds of those who suffer, but try to heal them with concrete acts of love”; “There is so much indifference in the face of suffering. May we overcome indifference with concrete acts of charity”.

The Catholic Church sees human suffering as a chance to follow the example of Christ and believe that it is a part of God’s plan. … Suffering is a trial, but it is through that trial that faith, hope and love continue. And through that suffering, an individual can find their own identity and their identity in Christ. To what degree does Jesus’ life and death conform to, or explicate, Pope Francis’ sayings and the Church’s teachings? Moreover, how might Jesus’ life and death function as a template for our own approach to how we might confront evil and suffering? In your discussion, also briefly (200-300 words) explore how elements of Catholic Social Teaching, which draw on Christian anthropology, might be valuable in your chosen profession

What are the key points of contention? What purpose does this book or article serve? What are the topics covered? What would you say if someone asked you what this article/book is about?

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The Gig Economy in the United States

The Gig Economy: Alternative work arrangements like part-time employment, subcontracting, and freelancing have been growing at the expense of full-time employment: A good thing or a bad thing? Is it good for employees? Good for employers? Is it a problem or a solution?

Two-page paper

Each paper includes a summary and analysis of two articles: one from a popular business publication such as ***IMPORTANT** Harvard Business Review, New York Times, Wall Street Journal, Bloomberg and BBC, and the other from a peer-reviewed academic journal. You’re going to write two double-spaced pages in which you’ll examine and combine the ideas from both publications. Use APA style for in-text citations and references. You are free to use as many references as you want.

After you’ve finished your annotations, think about how the ideas in both articles may help you write your debate paper and write your two-page analysis based on that. The assignment’s two objectives are as follows: Write a brief (2-page) analysis paper that connects the two pieces; consider how your thoughts may be applied to the debate paper and write it accordingly.

Additional tips:
This assignment is meant to help you build your writing for the final term/team paper by:

  •  Researching the topic and finding suitable academic and practitioners articles
  •  Reading, summarizing, and evaluating the articles
  •  Reflect on whether and how you will use the articles in your final paper.

You will therefore write the following for each of the two articles:
• Summarize: Some annotations are nothing more than a summary of the source. What are the key points of contention? What purpose does this book or article serve? What are the topics covered? What would you say if someone asked you what this article/book is about? The length of your annotations will determine your summary’s level of information.

• Evaluate: After summarizing a source, it’s good to evaluate it. Is it a good resource? In what ways does it differ from the other sources in your bibliography? Is the information trustworthy? Is this a biased or objective source? What is the source’s purpose?

• Consider: How a source fits into your study after summarizing and evaluating it. Was this information helpful to you? What role does it play in shaping your argument? How can you incorporate this source into your research? Has it influenced the way you think about your subject?” (OWL at Purdue University: writing/common writing assignments/annotated bibliographies/index.html)