One central feature of the oligopoly market structure is that firms behave strategically. They anticipate the response of their rivals when making choices. Our text has a fascinating section on the Prisoner’s dilemma in oligopoly markets. Please select a samples of a commercial (use the YouTube site) that can illustrate this phenomena. Describe the commercial and how it provides evidence that the firm is ‘speaking’ to its rivals in addition to consumers. Provide some arguments explaining your choice.
Please submit also links to the selected commercials on the YouTube site. The length of the reflection post: 300-500 words.
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Crime in School Economics of Social Issues ECON 1120—Economics of Social Issues Research Paper/Presentation Assignment Deadline: • Research paper final draft 12/18 Each student will describe a social issue in a particular location (country, state, or city), provide an economic analysis of that issue, and give recommendations on economic policies to address their issue.
Crime in School Economics of Social Issues
In the paper, you will describe the social issue with economic data and the concepts you have learned in class. For instance, if you were studying housing in New York City, you could share some information on the cost of renting an apartment and the number of apartments available.
Crime in School Economics of Social Issues
You could show in an economic model how rent control could affect the housing market, and compare that policy to alternatives such as a free market for housing or subsidized housing for low-income families. The presentation will be an opportunity to communicate and discuss the key points from the paper (in Powerpoint). Paper The paper should be short (at most 4 double spaced pages, including any graphs/tables). The paper should make a clear argument (have a thesis) about the economic forces driving the social issue you are examining and what policies should be implemented to address them. This argument should be supported by economic analysis (at least one graph!). Note that you will need to do some research with outside sources to describe the social issue. Sources must be cited (any format (e.g. MLA, APA, or Chicago Author-Date is fine)) and plagiarism will not be tolerated. See paper grading rubric, below, for more information on grading. Paper grading rubric (out of 24 points; 20% of class grade) Points 1 2 3 4 Course connection It is obvious that the author has not retained any information from the course. The author has retained some information from the course, but does not fully understand its meaning or context and cannot clearly convey it to others. The author has retained most information from the course, but there are slight errors in concepts or explanations. The author directly and clearly communicates the main question or issue. The author has retained nearly all of the knowledge presented in class and is able to synthesize this knowledge and relate it to a new context. Argument No attempt is made to articulate an argument. The author attempts but fails, to make an argument. An argument is present, but the reader must reconstruct it from the text. The paper contains a clear argument—i.e., lets the reader know exactly what the author is trying to communicate. Evidence Either no evidence is provided, or there are numerous factual mistakes, omissions or oversimplification. Not enough evidence is provided to support the author’s argument, or evidence is incomplete, incorrect, or oversimplified.
Crime in School Economics of Social Issues
Provides necessary evidence to convince the reader of most aspects of the main argument but not all. The importance of some evidence presented may not clear. Provides compelling and accurate evidence that convinces the reader to accept the main argument. The importance/relevance of all pieces of evidence is clearly stated. Graphics (or Tables) Student uses superfluous graphics or no graphics Student occasionally uses graphics that rarely support the text. Student’s graphics relate to the text. Student’s graphics explain and reinforce text and are well-presented. Mechanics Student’s paper has four or more spelling errors and/or grammatical errors. Paper has three misspellings and/or grammatical errors. Paper has no more than two misspellings and/or grammatical errors.
Crime in School Economics of Social Issues
Paper has no misspellings or grammatical errors. Citations MLA, APA or Chicago Author-Date is fine No attempt is made to cite evidence. Some pieces are unreferenced or inaccurately referenced, and there are problems with completeness and format of citations. All evidence is cited in footnotes or endnotes, but there are some minor problems with completeness or format of some citations. All evidence is properly cited in footnotes or endnotes.
International Trade Economic Analysis Description This assessment has two parts. Be sure to complete both parts before submitting.
International Trade Economic Analysis
Part 1 Analyze the concept of the exchange rate. Explain how the dollar price of euros is determined. Identify a factor that can increase the dollar price of euros. Identify a factor that can decrease the dollar price of euros. Explain why a rise in the dollar price of euros means a fall in the euro price of dollars. Explain the purchasing power parity theory of exchange rates, using the euro-dollar exchange rate as an example. Part 2 Explain why a quota is more detrimental to an economy than a tariff that results in the same level of imports as the quota. What is the net outcome of either tariffs or quota for the world economy? Organize your assessment logically with appropriate headings and subheadings. Support your work with at least 3 scholarly or professional resources and follow APA guidelines for your citations and references. Be sure you include a title page and reference page. Additional Requirements Include a title page and reference page. The number of pages: 3–4, not including title page and reference page. A number of resources: At least 3. APA format for citations and references. Font and spacing: Times New Roman, 12 points; double-spaced.
Social Issue and Economic Analysis of Crime in Schools Undertake the social issue of Crime in school, undertake the economic analysis of their issue, and discuss potential policy interventions to address the issue.
Social Issue and Economic Analysis of Crime in Schools
think tank: The term denotes a group of people who are paid to do nothing but read, discuss, think, and write, usually to address and redress a matter of vital importance to humanity.
You can think of a think tank as a research university blessed with a complete absence of students and where, as a consequence, none of its professors has to teach—all they have to do is research, research, research.
At last count, the United States had 1,984 think tanks—nearly a third of the world’s total.
The paper should be four paragraphs in length with a clear thesis. The first paragraph should be an intro with the thesis, the second should be a supporting argument, the third should introduce a counter argument AND a rebuttal of the counter argument, the fourth should be a conclusion paragraph. Also, each paragraph should be preceded with a bullet point with one sentence that summarizes the paragraph. All citations should be in the form of FOOTNOTES (chicago style). One helpful link for the argument is: http://theconversation.com/why-the-world-banks-optimism-about-global-poverty-misses-the-point-104963
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Concept of Economic EfficiencyApplication to Markets How is the concept of economic efficiency applied to a broader system of markets? 1. Our consideration of public policies has been vast.
Concept of Economic Efficiency Application to Markets
Often the solutions called for by Economic Theory involve some expenditure of public funds, i.e. to move towards efficiency in one market setting we must see a subsidy granted, or undertake an expenditure of some other sort. We also must recognize that there are only three ways the US government can raise funds to spend in pursuit of its mission and mandates: it can tax, it can borrow, and it can create money.
Concept of Economic Efficiency Application to Markets Report
Funny how this fact never makes it into news reports or even bumper stickers. a.) Using the principle of economic efficiency what steps could the government take to ensure that while it is pursuing efficiency in individual markets, it is also attempting to be efficient in its own operations. Your argument, from the government perspective, must consider the marginal benefits and costs of dollars spent and some of the difficulties inherent in making those decisions involving obvious tradeoffs. This question is not about curtailing government spending, nor is about making a case for greater government spending. This question is about applying the concept of economic efficiency to a broader system of markets, those involving government actions. In short, you are being asked to determine what is “efficient” in terms of a government choosing to spend money. b.) Part b is worth one-half as much as part a. Find two examples and document them with citations where the government expands resource to mitigate some sort of inefficacy, i.e. prevents, or limits, some sort of market failure. The examples should talk about how the government action tries to lessen or eliminate an inefficiency – of course you need to identify the market and the inefficiency. 2. This question concerns entry barriers and their role in economic markets. a.) Provide a definition of an entry barrier in general terms, explain the relationship between an entry barrier and the persistence of long-run economic profits. b.) Please give an example that describes an entry barrier.
Concept of Economic Efficiency Application to Markets References
Document, site, and explain the entry barrier you have chosen as an example. The entry barrier could benefit a single firm or it could benefit a small group of firms. Clearly talk about how the entry barrier functions. c.) Determine and justify your best estimate as to the value of that entry barrier.
Microeconomics Principles of Microeconomics In this one-page essay, you can choose whatever economic concepts, principles or theories you learned from this course to write an economics-topic related essay.
Microeconomics Principles of Microeconomics
It can be a news analysis, a case study of a particular market or industry (for example, demand and supply analysis, production cost analysis, market structure analysis and etc.), or any economics knowledge learned in the course that may influence your decisions in your daily life. The topic is up to you as long as it is economics-related.
The essay should be single-spaced with font size 12 in Times New Roman.
Below are some excerpts from our syllabus, to help choose a topic.
Students who have successfully completed Principles of Microeconomics are expected to:
Understand the nature of the “economic problem”.
o Explain the economic way of thinking by applying the following: scarcity, specialization, opportunity costs, marginal analysis, and production possibility.
Understand and be able to apply the demand and supply model to analyze a variety of situations that involve both individual and collective decision-making.
o Apply the supply and demand model and elasticity for economic analysis.
Unemployment rates in US to Canada and Europe What are some reasons why the unemployment rate is typically lower in the United States as compared to Canada and some Western European countries?
Unemployment Rates in US to Canada and Europe
Essentials of Economics, Fourth Edition, R. Glenn Hubbard & Anthony Patrick O’Brien, Pearson (2015) Standard essay format including introduction, body, and conclusion. Between 2008 and 2009, Canada’s economy entered a recession phase. During the economic recession, Canada’s unemployment rate peaked at 8.3 percent, which was an increase of 2.2 percent over the pre-recession unemployment level, and roughly amounted to 1.52 million unemployed persons. The unemployment rate refers to the proportion of people in the labor force who are currently not working and are either available or looking for employment. An economic recession is a period of time when the overall economy declines.
Law of Market Economies and Government Intervention Purpose of Assignment The theory of market economies emphasizes freedom of choice and limited government intervention.
Law of Market Economies and Government Intervention
The classic argument for government intervention is a market failure – the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression). Students will examine articles from the University library to analyze real-world examples of U.S. government intervention programs and apply current week readings to make intelligent conclusions about the economic policies. Assignment Steps Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Using the University Library, EBSCOhost, or ProQuest databases, locate up to three different articles/publications and/or use The Economist Online from the University Library to examine one case of significant government intervention as it relates to your current industry of employment or an industry in which you are interested in working.
Law of Market Economies and Government Intervention Resources
Law of Market Economies and Government Intervention Charts and Graphs
You could use but are not required to use, charts/graphs retrieved from the Federal Reserve Bank of St. Louis FRED web site as long as the data sources used by FRED to create those charts are government sources such as the Bureau of Economic Analysis or the Bureau of Labor Statistics. Cite a minimum of three scholarly, peer-reviewed references. Format your paper consistent with APA guidelines.
4 – 7 pages typed (1,000 – 1,750 words), double-spaced, 12-point font, Times New Roman, 1-inch margins a minimum of 3 scholarly sources that are no older than 1990 (a scholarly source is one that has a well-developed list of references, is published in a credible journal or by a credible publisher and has been peer reviewed).
Having narrowed your topic and gathered sources, it is appropriate to begin the writing phase. Your paper should have the following qualities:
