Category Archives: Economics

Explain the effect of recent changes to trade and tariff policies have had on your employer, you, or someone you know.

Write a 700- to 1,050-word evaluation of credible economists’ unbiased opinions on the benefits, costs, and results of current US trade and tariff policies. Complete the following in your evaluation: Evaluate how US trade policy changes in the last 2 years affect global trade activities by multinational corporations. Discuss credible economists’ opinions on the long-term […]

Explain the difference between oral auctions and second-price auctions, including how they work and their results

Explain the difference between oral auctions and second-price auctions, including how they work and their results. Use the expected value information to illustrate how having more bidders in an oral auction will likely result in a higher winning bid. Explain how the number of bidders in a common value auction affects the outcome of the […]

Discuss what sources of data (e.g., cost of living, inflation, housing market changes, unemployment rates, federal loan interest rates, gross domestic product changes, etc.) would you use to help forecast budget changes for year 2+?

Forecasting is a very difficult part of budgeting. Discuss what sources of data (e.g., cost of living, inflation, housing market changes, unemployment rates, federal loan interest rates, gross domestic product changes, etc.) would you use to help forecast budget changes for year 2+? Provide rationale for your choice(s).

Critically evaluate the claim that in a Bayesian Nash equilibrium it is the follower who leads.

Derive an algebraic expression for the intertemporal budget constraint using c1 and c2 as period 1 and 2 consumption levels, p1 and p2 as period 1 and 2 price levels, and ρ as the real interest rate Is it better to be a borrower or a lender when ρ falls? Use indifference curve analysis to […]

Critically evaluate the strengths and weaknesses of the New Consensus Macroeconomics (NCM) theory in light of the realities exposed by the global financial crisis of 2007/ 08.

Critically evaluate the strengths and weaknesses of the New Consensus Macroeconomics (NCM) theory in light of the realities exposed by the global financial crisis of 2007/ 08. While answering the question you may consider whether a ‘paradigmatic’ shift has taken place or not, as well as account for alternative approaches and developments.