Categories
Economics

Macropoland, a country that is a natural gas and oil importer, has a natural rat

Macropoland, a country that is a natural gas and oil importer, has a natural rate of unemployment (at the full employment level of GDP) that is about 4.5%, and the long-run average rate of inflation over time has been about 2%. However, during the period 1973-1974, the country experienced an inflation rate of about 15% while simultaneously experiencing unemployment of nearly 13%.
At the present time, Macropoland is experiencing very sluggish consumption and investment (a result of a fall in the housing market), and unemployment has again edged up to around 9%. Inflation is very low at 0.4%.
Macropoland has just hired you as their economic advisor. You have a big job ahead of you. Using your knowledge of aggregate demand and aggregate supply, can you explain what happened in these two time periods?
Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing. Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English.

Categories
Economics

Write a two-page critique (review) of Levitt and Dubner’s Chapter 2 of “Think Li

Write a two-page critique (review) of Levitt and Dubner’s Chapter 2 of “Think Like A Freak.”
– Following the guidelines for writing a critique in “A Sequence for Academic Writing” by Behrens and Rosen (page 90), write a two-page critique (review) of Levitt and Dubner’s Chapter 2 of “Think Like A Freak.” As usual, use the APA documentation style (with title page, but no abstract).
– Critique (Review): Evaluation Criteria
Is the source of the critique explicitly identified?
Is the source correctly summarized?
Are the author’s thesis and arguments identified?
Does the reviewer contribute additional research?
Does the reviewer make original points?
Does the review acknowledge and discuss opposing views?
Is the reviewer’s new information well supported by citing sources?
Are the reviewer’s points convincing?
Is the style of the review clear?
Is the review well revised and refined (such as avoiding weak sentences, removing needless words, paragraphs are well structured, the thesis and arguments are easy to follow, paragraphs are connected to each other, the text is consistent in what audience it addresses, the essay is overall coherent, etc.)?

Categories
Economics

We developed an application, we have all data and can provide everything you nee

We developed an application, we have all data and can provide everything you need. We can provide screenshots as well
Please write great analytical work using our data for this journal in according to their scope and requirements
Research in Transportation Economics is a journal devoted to the dissemination of high quality economics research in the field of transportation. The content covers a wide variety of topics relating to the economic aspects of transportation, government regulatory policies regarding transportation, and issues of concern to transportation industry planners. The unifying theme throughout the papers is the application of economic theory and/or applied economic methodologies to transportation questions.
The ultimate goal of Research in Transportation Economics is to provide transportation researchers a valuable source of information useful in the formulation of transport policy and industry decision making.
Following structure (You can improve it)
Abstract
Keywords
JEL classification
1. Introduction
2. Study area and data gathering
3. Methodology
3.1.
3.2.
4. Result analysis
4.1.
4.2.
5. Discussion
6. Conclusions
References

Categories
Economics

Write a two-page critique (review) of Levitt and Dubner’s Chapter 2 of “Think Li

Write a two-page critique (review) of Levitt and Dubner’s Chapter 2 of “Think Like A Freak.”
– Following the guidelines for writing a critique in “A Sequence for Academic Writing” by Behrens and Rosen (page 90), write a two-page critique (review) of Levitt and Dubner’s Chapter 2 of “Think Like A Freak.” As usual, use the APA documentation style (with title page, but no abstract).
– Critique (Review): Evaluation Criteria
Is the source of the critique explicitly identified?
Is the source correctly summarized?
Are the author’s thesis and arguments identified?
Does the reviewer contribute additional research?
Does the reviewer make original points?
Does the review acknowledge and discuss opposing views?
Is the reviewer’s new information well supported by citing sources?
Are the reviewer’s points convincing?
Is the style of the review clear?
Is the review well revised and refined (such as avoiding weak sentences, removing needless words, paragraphs are well structured, the thesis and arguments are easy to follow, paragraphs are connected to each other, the text is consistent in what audience it addresses, the essay is overall coherent, etc.)?

Categories
Economics

You should reflect on what you have learned, rather than summarize. Although yo

You should reflect on what you have learned, rather than summarize. Although you may quote material from lectures and readings, this is best used to support your main arguments, not as a replacement for them.
Include discussion of all lectures and readings, not just some. You don’t have to write the same amount on everything, but you do have to show familiarity with all material presented.
Approaches in write-ups can include:
* Compare and contrast ideas from the perspective of your preexisting views
* Discuss in detail how lectures and readings surprised and challenged your previous lines of thinking and assumptions
* Thing critically and analytically about material presented in lectures and readings, and discuss their strengths and weaknesses
Well-written, clear, and compelling essays will receive higher grades than essays that have less effort put into them.
Please only use the readings as the sources.

Categories
Economics

You should reflect on what you have learned, rather than summarize. Although yo

You should reflect on what you have learned, rather than summarize. Although you may quote material from lectures and readings, this is best used to support your main arguments, not as a replacement for them.
Include discussion of all lectures and readings, not just some. You don’t have to write the same amount on everything, but you do have to show familiarity with all material presented.
Approaches in write-ups can include:
* Compare and contrast ideas from the perspective of your preexisting views
* Discuss in detail how lectures and readings surprised and challenged your previous lines of thinking and assumptions
* Thing critically and analytically about material presented in lectures and readings, and discuss their strengths and weaknesses
Well-written, clear, and compelling essays will receive higher grades than essays that have less effort put into them.
Please only use the readings as the sources.

Categories
Economics

1. (20 points) (a) Given that the market demand for product X is Qd = f(Px, Py,

1. (20 points)
(a) Given that the market demand for product X is Qd = f(Px, Py, M), where Qd is the quantity of product X demanded, Px is the unit price of product X, Py is the unit price of a related product Y, and M is the income of consumers of product X. Other things equal, carefully explain the impact of:
i. an increase in consumers’ income (M) on the market demand of product X.
ii. a decrease in the price of X (Px) on the market demand for product X.
(b) The State of Georgia has decided to substantially increase the state’s subsidies to public colleges. With the theory of demand and supply, graphically illustrate and carefully explain how a huge increase in Georgia State’s subsidies to public colleges might affect tuition and enrollment in both public and private colleges in Georgia, other things equal. Hint: Use two market diagrams for your analysis – one for public colleges and one for private colleges.
2. (20 points)
(a) Assume that the supply function of product X is Qs = 95 + 3Px – 4Py – 6Pz, where Qs is the quantity of product X supplied, Px is the unit price of product X, Py is the unit price of product Y, and Pz is the unit price of an essential machine (in thousands of dollars). If the unit price of Y is $8.50, and the unit price of the machine is $12,500, clearly show your steps and derive the inverse supply function of product X.
(b) Draw the supply curve for product X. Clearly show your steps and calculate the producer surplus when the quantity supplied of product X is 12 units.
(c) Carefully interpret your estimated producer surplus in (b) above.
3. (20 points)
(a) Graphically illustrate and carefully discuss the impact of a substantial inflationary expectation on the market equilibrium conditions (equilibrium quantity and price) of cell phones in the USA.
(b) Suppose an industry expert indicates that the inflationary expectation would decrease the industry output. Do you agree? Why or why not?
4. (20 points)
(a) Assume that the market demand and supply for a product X, respectively, are Qd = 30 – 4Px and Qs = 3Px – 9, where Qd is the quantity of the product demanded, Qs is the quantity of the product supplied, and Px is the unit price of the product. Clearly show your steps and calculate the market equilibrium price and quantity of the product. Do your intermediate calculations in fractions or 4 decimal points for accurate final answers.
(b) Suppose the government imposes a $2.50/unit excise tax on the product. Clearly show your steps and calculate the new (after-tax) equilibrium price and quantity. Do your intermediate calculations in fractions or 4 decimal points for accurate final answers.
5. (20 points)
With the aid of an appropriate diagram, answer Question #22 in Chapter 2 of your textbook.
You are the manager of Local Electronics Shop (LES), a small brick-and-mortar retail camera and electronics store. One of your employees proposed a new online strategy whereby LES lists its products at Pricesearch.com—a price comparison website that allows consumers to view the prices of dozens of retailers selling the same items. Would you expect this strategy to enable LES to achieve sustainable economic profits? Explain. (LO1, LO4, LO7)
Baye, Michael. Managerial Economics & Business Strategy (p. 142). McGraw-Hill Higher Education. Kindle Edition.

Categories
Economics

This assignment will explore your understanding of the dynamics of basic supply

This assignment will explore your understanding of the dynamics of basic supply and demand.
Visit a retail store or stores selling many products valued at somewhere between $1 and $20, in which there are a number of competing similar or pretty-similar products available for sale (a grocery store is a good choice, but not required). Choose one product to research and write about.
Note: In the event of medical reasons, that you are not comfortable or able to perform the above task in person, additional internet research and a phone call or two to retailers on specific prices and stock available, as well as memory recall from past experiences will be accepted.
Once you have selected a specific* product, note how many competitors’ products are available for sale at that location, as well as the different types of that product available (this could mean different sizes, or different flavors, or different textures, or different somethings), and of course the pricing of those varied types. Ideally, your selected product will be available in at least two sizes or types, and from between three and five different competitors.
Using your newly-gained knowledge about supply and demand, explain some of the pricing variations you find, in terms of supply and demand, consumer preferences, item location at the store, applicable sales underway, or any other demand and supply factors we have studied.
Your analysis will explain questions such as (these are just examples) is brand x consistently less expensive than brand y? why or why not? do the sizes available lead to price differences per measuring unit (different sizes) or not? why or why not? is there a visible advantage or disadvantage to an item’s location within the store? why or why not? How have certain variations been “picked out” [shelf is empty]; if so – why? Including any other similar findings of interest would be helpful.
Your paper should include your basic data (findings); a summary of internet-based research on the product, along with a minimum of 3 citations; and a clear demonstration in writing of an understanding of the relevant supply and demand factors affecting pricing. Any graphs you may arrive at may be included, although constructing such is not in any way required. All in all, your paper should end up at between 3 and 4 pages in length, not including any graphic material.
Grading will be based on displaying an understanding of the meaning of supply and demand factors being studied, and on an accurate analysis of applicable data.
* Specificity may vary, depending on the type of product – for example, if your product is cold breakfast cereal, that may be too broad for this particular exercise, since you would likely run into well over a hundred variations to examine .. in that case, you may want to choose a different product or narrow it down to anything having the words “corn flakes” on the package, for example.

Categories
Economics

a 1,000-word piece that answers the following question (30%): The Scottish Nati

a 1,000-word piece that answers the following question (30%):
The Scottish National Party (SNP), the largest political party in Scotland, is actively seeking independence from Great Britain. If the SNP were successful, then the independent Scottish government would need to decide whether and when to adopt an independent currency. In October 2022, the Scottish Government released a report: Building a New Scotland: A Economy with Independence, which included a section called “Currency and Fiscal Policy.”
Critically analyse the “Currency and Fiscal Policy” section, providing your own evaluation of the Scottish government’s proposed plans. Successful essays will briefly summarize the government’s proposal and will identify a core theme (trade, banking structure, government debt, etc.) to examine in detail.
When answering this question, students should draw on the lecture material, the course readings from the handbook (required and further reading), and their own research where necessary.

Categories
Economics

My topic: The Cause of Inflation in the United States and it’s effects on the e

My topic: The Cause of Inflation in the United States and it’s effects on the economy
Please use attached instructions to format an outline