we are focused on the different environments in which companies operate and the market power related to each of these environments.
The environment in which a company operates is referred to as a market structure. There are four primary structures: perfect competition; monopolistic competition; oligopoly; and, monopoly. A perfection competition has no market power to influence pricing while a monopoly has market power because it can set prices and in turn increase profits. The other two structures vary in degrees of market power based on combine characteristics of both competitive and monopolistic structures. For the first part of this weeks discussion complete the following task:
***Select one of the major market structures outlined on page 173 of the text, and then identify two existing companies that you believe represent this structure and explain why.
The level, or degree, of a companys market power is directly related to the principle of barriers in
get datas in an excel sheets.
we are asked to collect datas and description of exogenous(G and G') in one spreadsheet and in an other spreadsheet endogenous variables(I;C;N;Y) of the USA.
the time period is from: 2007-2010 of the financial recession.
The format of the data (i.e. level, growth rate, index) must be chosen in such a way that is easily
related to the predictions of the theoretical model.
All data series must be well documented.
here below you will find an example on how to write on the excel pages, which means on one spreadsheet we will have the exogenous variables from 2007-2010 of the financial recession in the Us and on the other spreadsheet we will have the exogenous variables.
Discuss how structural shifts in the postwar period have interacted to shape the uneven development of the global economy. Elaborate your answer with reference from the provided materials to at least two of the following themes: trade, production, finance, labor, gender, and ecology.
Please note that the essay prompt is deliberately open-ended. There are no right or wrong answers to the essay prompt, though your answer can be more or less persuasively argued, more or less consistently developed, better or worse grounded in an analysis of the provided materials. You cannot possibly fit into the space of this essay all of the relevant information. You will have to be selective in your engagement with the material, i.e. emphasize certain dimensions of the postwar economic order over others, and accordingly identify the key concepts and arguments that illuminate the specific dimensions you focus on. IMPORTANT: Use of resources outside of the provided materials is strictly forbidden.
Welcome to Macroeconomics! In this first discussion activity, you will select a relevant macroeconomic topic and explore it to identify basic concepts. You can choose a topic such as Gross Domestic Product (GDP), Real GDP, GDP per capita, population, inflation, interest rates, unemployment, fiscal and monetary policy, the Federal Reserve, the Federal Government, poverty, or the Human Development Index (HDI).
Locate a recent article or event (published within the last year) that highlights your selected macroeconomic topic. Use the Hunt Library, newspapers, new stations, or other credible sources to discuss how your topic aligns with macroeconomics. Include the following in your discussion.
State the article or event selected.
Identify the macroeconomic 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 docu
Paper #2: Macroeconomics Country Outlook
All students must pick a different country and must have the country approved by the professor. This is a major paper and should be a minimum of 1500 words.
Paper #2 is worth 20% of your overall course mark.
Forecasting the future is one of the most important things that economists are asked to do. Governments have a few macroeconomic tools that they can use to indicate how a countrys economy is doing. An important part of all macroeconomic courses is to develop an understanding of what these economic indicators are, as well as how they are created so that we can extrapolate into the future. In this paper, you are asked to use your newly acquired macroeconomic knowledge to predict the future.
It is expected that the paper will be free of grammatical errors.
This paper will be submitted through Turnitin to review for plagiarism.
Specifically, you are to forecast the following key macro-economic variables in your country of c
Analyze the change in inequality between 1980 and 2014. Suggest some explanations for any similarities and differences you observe across time and in comparison to the United States. You may want to research your chosen(CHINA) country to see if there were any changes in government policy, economic events, or other factors that may affect the income distribution.
Describe data analysis only the values for 1980 and 2014 are visible. You will be using this data as the basis for the Lorenz curves.
Analyze how the distribution has changed over time by drawing the two Lorenz curves.
With the Gini coefficients and perhaps discuss income shares of the bottom, middle, and top of the distribution.
Add a reference section if you obtain addition country information, not included in page count.
Use the excel document below for data information
please each term needs a short paragraph to define. can find resources online but cannot copy or quote, need to use your own words, can revise.
4. Socially Efficient Output (Socially efficient level of production)
5. Marginal Private Benefit versus marginal external benefit
6. Pigouvian Subsidy to control a negative externality
7. Partial Public Good
8. Free Rider with respect to a Public Good
Write a well reasoned one page argument on NCAA policies regarding amateurism and the student athlete model. Include each of the following:
1. Address at least one of the 13 myths from the assigned article.
2. Andy Schwartz (the author of the 13 myths article and frequent contributer in anti-trust cases against the NCAA) proposes the NCAA simplifies to the three following rules. How would NCAA athletics change if this policy was adopted?
(a) All athletes must meet the University criteria for being a full-time student.
(b) You can play for 4 years. (redshirts permitted)
(c) You cannot play if you have played your sport at a major league level. (This means semi-pro and minor league players are eligible.)
Written Assignment:
A. Contrast the position of Keynes vs. Hayek on income inequality and government redistribution
policies (such as progressive taxation and minimum wages).
B. Consider the evidence in the two articles below (as well as long term data on inequality by Piketty
attached).
C. Develop arguments both pro and con regarding income redistribution. That is, the government
should/should not have progressive taxes, unemployment insurance, social security, minimum
wages, or welfare programs. Develop comprehensive positions on BOTH sides, making use of
evidence where possible.
Write a brief essay answering these questions, double-spaced, typewritten, 2 3 pages, with footnotes
and references. Document all sources and cite the source of all statistics and direct quotes in the body of
the text.
Reference articles:
"The President of Inequality," Wall Street Journal, October 2, 2014.
Angus Loten. "Election Pay Day: Five States Vote to Raise Mi
a) Read the attached NY Times article.
b) Write a report (clearly typed in a MS-Word file using MS-Word). Your report should be broken into two sections:
Section 1: Summary of the article (first paragraph): Tell me what the article is about and what major points the author is making, and his/her conclusions in a paragraph (5-10 sentences long at the most). Do not copy/paste excerpts from the article. Summary should be in your own words and should be based on your understanding of the issue covered in the article. No copying/pasting from various sources (just in your own words).
Section 2: Your thoughts on the article (at the most two paragraphs long): Critically evaluate author's findings. For example, tell me why you agree or disagree with the author or his/her points, by supporting your own points by giving examples, or by providing convincing evidence for your points. You could also highlight the shortcomings of the article. (e.g., Do you share or do not share a