https://www.youtube.com/watch?v=UWImfFax8Ew&feature=youtu.be


Reply to these prompts using the company for which you currently work, a business with which you're familiar, or the dream business you want to start:

What are some key fixed and variable costs for this business? Remember, fixed costs do not change when output changes. That is, fixed costs remain even if the company is producing nothing. Variable costs increase as output increases.

Exploring Monopolies and Oligopolies


Reply to these prompts using the company for which you currently work, a business with which you're familiar, or a dream business you want to start:

With your selected business in mind, determine if it is competitive, monopolistic competitive, an oligopoly, or pure monopoly. Explain how you drew your conclusion about its market structure.
How does the business/firm in this industry determine the price it will charge for the products or services it sells?

Through the use of the text choose four)

Define Micro/Macro Economics (p. 4)
List the four scarce resources (p. 8).
Explain the cost involved when you make the choice to create more robots & the cost involved when you create more pizza in the pizza & robots table. (p. 9) Also, explain the economic rationale behind the law of increasing costs. (p.9)
Draw the production possibility curve & explain the points inside, on, & outside the curve (p. 10 & 12).
List & explain the economic systems (p. 26)
Explain three of the characteristics of the market system  (p.27)
List & explain the five fundamental questions (p. 31)
Explain the concept of the Invisible hand, it's 3 virtues, who created it, when & in what book. (p. 34)


Why would it be better to live in Presentville or Futureville p. 13 based on your choice of consumer or capital goods? Explain two reasons for the choice you made.
In which Village are consumer go

Through the use of the text choose four)

Define Micro/Macro Economics (p. 4)
List the four scarce resources (p. 8).
Explain the cost involved when you make the choice to create more robots & the cost involved when you create more pizza in the pizza & robots table. (p. 9) Also, explain the economic rationale behind the law of increasing costs. (p.9)
Draw the production possibility curve & explain the points inside, on, & outside the curve (p. 10 & 12).
List & explain the economic systems (p. 26)
Explain three of the characteristics of the market system  (p.27)
List & explain the five fundamental questions (p. 31)
Explain the concept of the Invisible hand, it's 3 virtues, who created it, when & in what book. (p. 34)

This is an assignment that has 2 components, 1b and 3b. I have attached the rubrics and instructions for both parts, as they detail the requirements and structure.  the assignments ask for information to be pulled from specific course topics, I will provide a list of the topics covered in the course. the are segmented into 3 different modules.

LIST OF TOPICS

(1) The Market for Labor (week 2-5)
Determinants, characteristics and empirical evidence on labor market supply;
Determinants, characteristics and empirical evidence on demand for labor;
Determinants, characteristics and empirical evidence on labor market equilibria and the impact
of public policy on labor market outcomes.

(2) Unemployment and Job Search
Empirical short- and long-term unemployment patterns; job and worker flows; job search;
Equilibrium search and matching model; current unemployment patterns and public policy in
the Covid-19 pandemic

(3) You will choose a topi

Length
Fall 2020
Econ 3020
First Draft Guidelines
The first and final draft should be at least 4 pages, excluding the bibliography, graphs, tables, and other various visual aids. Your essay must be double spaced using Times New Roman 12-inch font.
2. Topic
You can write your paper about any topic of interest you but is related to content from Chapters 2, 3, 4, 5, 6, 7, 8, 11 in the textbook. This may be an overwhelming endeavor as there are many interesting and open topics to choose from. But the fun from this project is that you have unfettered latitude to pursue an economic topic as long as it fits with the content of this course and it is a topic you are able to discuss and connect to Intermediate Macroeconomic theory.
An example of a relevant topic is the potential impact of the COVID-19 pandemic on economic growth in the long term. There are different avenues for you to explore this topic, such as the effect of the pandemic on consumption, investment, internat

Fill in the blanks
With either

1BARTER
2commodity money
3representative(commodity-backed) money
4fiat money

As early as the year 1000 CE, Norway used silver and other metal coins as currency.  This is an example of (BARTER/commodity money/representative(commodity-backed) money/fiat money).

In 1695, a private bank was granted the right to issue notes that were convertible to silver.  This is an example of  (BARTER/commodity money/representative(commodity-backed) money/fiat money).
After the collapse of this system, a few new systems were implemented, most of which also adopted the silver standard.

In 1873, the krone was introduced, and it was directly convertible to gold.  This is an example of (BARTER/commodity money/representative(commodity-backed) money/fiat money)  For the next 100 years, the krone fell off and on the gold standard until it finally abandoned the gold standard for good in 1971.
The krone remain

TWO ESSAYS one on Micro and one on Macro:

Essay #1 (Microeconomics):

Introduction: We are living through an unprecedented time, what some are calling a once in a hundred years pandemic. This is affecting daily life, both at home and for many, also in the workplace. All people living in the U.S. have made adjustments. We have spent time sheltering in place to stop the spread of the covid-19 virus. We have adjusted our shopping and dining habits and foregone many simple pleasures like attending concerts, visiting with family, etc. Even more concerning, since the start of the pandemic, millions of Americans have lost their jobs, and almost 300,000 have lost their lives to COVID.

The Focus: Some economic sectors in our economy have been more negatively affected than others. One example is the commercial real estate sector, which consists of office buildings, retail stores, industrial real estate (warehouses), etc. Another is the restaurant business; the average rest

The assignment is split into two separate documents, the first is

" A statistical evaluation of a behavioural intervention" is the evaluate the statistical measures that are already put in place to measure behavioural intervention and state why. Comment on why it was affected and relate to any drawbacks on the research.

The assignment should focus on one intervention. Equally important I will need to also use Stata for this assignment. I will need to research a dataset which will be downloaded and be used to create tables and charts for that intervention plus explain what the dataset shows which is the analysis (empirical analysis).

The second part of this assignment is

"Critically evaluate the decision to save for retirement using insights from traditional economic theory and behavioural economics"

I need to examine, why people will choose to save up for retirement. In my analysis, I should use research and studies that have been conducted in this

Prior to beginning work on this discussion, read Farah Mohammeds article, Why Are Diamonds More Expensive Than Water? https://daily.jstor.org/diamonds-expensive-water/

(Links to an external site.), as well as Chapter 5 in your textbook, especially Sections 5.1 and 5.3, and respond to the following:

Describe the relationship between total utility and marginal utility.
Explain if marginal utility can be negative.
Examine the diamond-water paradox. Why are diamonds more expensive than water?
Evaluate the law of diminishing marginal utility.
Identify some items, explaining your reasoning, that do not follow the law of diminishing marginal utility.
Evaluate how the law of diminishing marginal utility can explain the diamond-water paradox.
The Law of Diminishing Marginal Utility paper

Must be three to five double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Cent