Problem 1: (10 points) The following events occur one at a time. The price of crude oil rises. The price of a car rises. iii. All speed limits on highways are abolished. Robots cut car production costs. Explain the effect of each of these events on the market for gasoline (the equilibrium price and the […]
Category Archives: Economics
What is the inflation tax, and how might it explain the creation of inflation by a central bank?
Assignment 2 Questions: Chapter 15, 17 & 18 (10 Marks) 1.A country has 150,000 people. Of these 25,000 are children under the age of 16. 92000 people have jobs and 8000 don’t have job and are looking for work and 25,000 people are retired. a.Calculate the labour force participation rate (2.5 Marks) b.Calculate the unemployment […]
Provide some recent examples where shareholder activism has affected a company’s performance or actions, and discuss the consequences of this.
We’ve seen a significant increase in shareholder activism in recent years, particularly from large institutional shareholders. One of these areas is that shareholders may now voice opinions on senior management compensation (though not a binding voice). However such activism extends much further to include proposed mergers, acquisitions or spinoffs. Provide some recent examples where shareholder […]
would you recommend contracting education to private organizations (outsourcing) be implemented in a low-income country and why?
Policy Brief 2 The policy brief should be between one and two pages ( read the article posted on Canvas related to outsourcing education in low- and middle- income countries and the following article: https://www.usnews.com/news/best-countries/articles/2016-08-09/worldwide-public-education- is-up-for-sale Using these two sources (or any others brought up in lecture), write a policy brief that states your position […]
Identify the most important problems the UAE has been having in its labor market, what efforts have been made to deal with the problems and assess their effectiveness.
The UAE Labour Market Identify the most important problems the UAE has been having in its labor market, what efforts have been made to deal with the problems and assess their effectiveness. add references in APA format
What is it and how does it affect the decision-making process in our economic system?
Week 1 Discussion Your son is graduating from high school and is about to enter the work force. He has developed a strong curiosity about our economic system and how it works. Because you have a good understanding of basic economics, he has asked you to explain several concepts that are essential to an understanding […]
Show and explain the situation in which a profit maximizing, perfectly competitive firm is earning a positive economic profit.
Economic profit maximization Graph the profit maximization for a perfectly competitive firm. Show equilibrium profit and quantity. Show and explain the situation in which a profit maximizing, perfectly competitive firm is earning a positive economic profit. Be sure to label the profit maximizing level of output and shade in the area that represents profit. Show […]
Discuss some policy options a government could have to intervene in such market and prevent the monopoly creation.
Assignment Questions: Q1. You have been hired as an economic consultant by a price-taking (a perfectly competitive) firm that produces T-shirts. The firm already has a factory, so it is operating in the short-run. The price of T-shirt is $9, the hourly wage is $24, and each T-shirt requires $1 worth of material. The following […]
Discuss the impact of Vision 2030 on the unemployment rate in the kingdom.
Read the article by using the following link: https://www.spa.gov.sa/viewfullstory.php?lang=en&newsid=2388275#2388275 Then answer the questions: Discuss the impact of Vision 2030 on the unemployment rate in the kingdom.(How Vision 2030 has helped in creating new employment opportunities)?
Write a 2-3 page review of your chosen journal article.
Choose a journal article related to project status reporting, budgeting, or risk analysis (do not re-use a journal from a prior course). Write a 2-3 page review of your chosen journal article. Choose a peer reviewed journal, and an article that has been published in the past five (5) years. The review should contain the […]