Description Students should review what positive economic statements and normative statements QUESTIONS 1. Describe in general the issue that is being debated: 2. Read two or more perspectives on this argument from both sides (support minimum wage increase, oppose minimum wage increase) and describe the authors perspectives on raising the minimum wage to reduce poverty […]
Category Archives: Economics
Discuss What kind of activities You can undertake in YOUR FIRM to develop internal and external possibilities?
Description Please imagen your own firm. What kind of activities You can undertake in YOUR FIRM to develop internal and external possibilities? Opportunity cost is that which: a) We give up, when we make a choice, b) We forgot about costs of living, c) We decided later on about Your choice, d) We forgo, when […]
Is the price elasticity of supply, in general, more elastic over a shorter or a longer period of time? Explain.
Section 1: Factors Affecting Equilibrium Price and Quantity Is the price elasticity of demand for gasoline more elastic over a shorter or a longer period of time? Explain. Is the price elasticity of supply, in general, more elastic over a shorter or a longer period of time? Explain. Section 2: Shape of the Labor Supply Curve Why […]
Identify at least two changes to the Unemployment Insurance Policy that were instituted in March 2020 in response to the COVID-19 crisis.
Description Visit the Bureau of Labor Statistics website ( and identify the national unemployment rate. How do you interpret this rate? Next, read about the Unemployment Insurance in the chapter on Unemployment. Identify at least two changes to the Unemployment Insurance Policy that were instituted in March 2020 in response to the COVID-19 crisis. You […]
Identify at least one fiscal and one monetary policy that was instituted in March 2020 in response to the COVID-19 crisis to help with economic recovery. Using the AD-AS model, explain how these policies were expected to work.
Description briefly describe the difference between Fiscal & Monetary policies. Next identify at least one fiscal and one monetary policy that was instituted in March 2020 in response to the COVID-19 crisis to help with economic recovery. Using the AD-AS model, explain how these policies were expected to work.
Explain Which economic factors are impacted the most by demographic change and why?
Description The subject is Macroeconomics : research question : Which economic factors are impacted the most by demographic change and why? -Give relating examples using graphs or other sources. -The research must be fully general and not country focussed but briefly give an example by using the USA and Germany. -If you have any questions […]
Assess the current situation in the economy and examine whether the economy is yet to reach a trough or there is evidence of a turning point. Are there conflicting signals or all indicators point to the same direction? (Highlighted in yellow)
Description This coursework is based on a group assignment which consists of 4 members completing a 3500 words. This assigment has 2 segments which represent the objectives of the project. My part focuses on the FIRST OBJECTIVE which should be tackled by 2 tasks , and the third task (iii) will be tackled by another […]
Identify the role of (asset-liability mismatch OR excessive leverage ) in The Icelandic Financial Crisis beginning in 2008
Description Follow this structure, please. The assignment will result in ZERO marks if you don’t answer each bullet point sufficiently and analytically. Also, talk about either asset-liability mismatch OR excessive leverage. Don’t combine them. 1- A brief summary of the crisis 2- The importance of the area you cover 3- What is the problem of […]
Explain the significance that the average total cost (ATC) curve has on profit and loss based on each type of market structure. Explore how the ATC curve affects all four market structures and identify whether firms will earn a profit or loss based on the placement of the ATC curve and price.
1) Identify the differences between all four market structures in the short-run and long-run. This will be helpful as many of you may hold management positions and/or become entrepreneurs in the near future. When deciding what type of firm to own or operate, you may find that one market structure may be more advantageous over […]
Explain one approach to measuring aggregate economic activity.
Description In your own words explain one approach to measuring aggregate economic activity. Provide an example.
