Economics

Discussion Board #3 – StressInstructions:Complete Part I and II as describe below.Be sure your response to Part I is posted as a reply to this prompt.Post a response to the following prompt.For most student’s stress is a large part of the college experience. Balancing work, school, finances, friendships, and family can feel overwhelming at times. This is normal.In a paragraph or two (minimum 300 words), as a reply to this prompt, answer the following questions:1. Describe something that is stressful in your life. How do you currently deal with it? It can be something small like traffic on your commute or something bigger like financial hardship. Only share what you feel comfortable!2. Do you think your coping strategy is working?3. From Chapter 14, what type of coping strategy are you currently using: problem-focused coping or emotion-focused coping?4. Knowing what you know now from the text and lecture about stress, what would be a more effective method to cope with the stressor? Make a plan for how you will use this method of coping. If you believe your current coping strategy is healthy and effective, identify a second, backup, strategy that you hadn’t thought of using prior to this lesson on stress.

Apply macroeconomic concepts to current and personal economic events and decisions.

In 2-3 paragraphs, summarize the communication elements that show up in the 3 main components of this module: Galanter, ALEC, Held. ALEC documentary link: https://billmoyers.com/episode/united-states-of-alec-a-follow-up/ Bill Moyers explains ALEC, and the hidden relationship between politics and economics: Lobbying. This is one of Galanter’s key points about power. Listen more for the factual information about ALEC than for the rhetorical bits about politics. ALEC website link:https://www.alec.org/

Basel III addresses this, with the goal of improving the banking sector’s ability to absorb shocks arising from financial and economic stress. In December 2010 the Basel Committee on Banking Supervision (BCBS) published the Basel III documents “Basel III: A global regulatory framework for more resilient banks and banking systems” (a revised version was published in June 2011) and “Basel III: International framework for liquidity risk measurement, standards and monitoring.”With this reform package, the BCBS aims to improve risk management and governance as well as strengthen banks’ transparency and disclosure. Basel III is also designed to strengthen the resolution of systemically significant cross-border banks. It covers primarily the following aspects1:Definition of capitalIntroduction of a new definition of capital to increase the quality, consistency and transparency of the capital base. As the recent crisis demonstrated that credit losses and write-downs come out of retained earnings, which is part of banks’ tangible common equity base, under Basel III common equity (i.e., common shares and retained earnings) must be the predominant form of Tier 1 capital. Further, the reform package removes the existing inconsistency in the definition of capital by harmonizing deductions of capital and by increasing transparency through disclosure requirements.Enhanced risk coverage/ Counterparty Credit RiskThe reforms to the Basel II framework by the BCBS in 2009 and the amendments made in the European Capital Requirements Directive III (CRD III)2 increased capital requirements for the trading book and complex securitization positions and introduced stressed value-at-risk capital requirements and higher capital requirements for re-securitizations for both in the banking and trading book. Basel III now adds the following reforms: calculation of the capital requirements for counterparty credit risk (CCR) based on stressed inputs; introduction of a capital charge for potential mark-to-market losses (i.e., credit valuation risk); strengthening standards for collateral management and initial margining; higher capital requirements for OTC derivatives exposures; raising CCR management standards.Recent fiscal crises have demonstrated numerous weaknesses in the global regulatory framework and in banks’ risk management practices. In response, regulatory authorities have considered various measures to increase the stability of the financial markets and prevent future negative impact on the economy. One major focus is on strengthening global capital and liquidity rules.

Go back through the business press (Fortune, The Economist, BusinessWeek, and so forth and any other LIRN- based articles) and find at least three articles related to either downsizing, implementation of a new technology, or a merger or acquisition. In a minimum of four (4) pages in 7th edition APA formatted paper (sample attached) :What were the key frontline experiences listed in relation to your chosen change?How do they relate to those listed in Chapter 4 (Goodman & Dingli, 2nd ed.)? Did you identify new ones confronting change managers?How would you prioritize these experiences? Do any stand out as “deal breakers”? Why?What new insights into implementing this type of change emerge from this?

choose a  country and explain the trend in statistics of GDP for at least 3 years

Anderson (1988) argued “Pragmatism, properly understood, is neither a technique of neutral problem solving nor the mere contrivance of compromise” (p. 457). Explain how entrepreneurial policy makers can incorporate pragmatism practices into their public policy research.Anderson, C. W. (1988). Political judgment and policy analysis. Public Administration Quarterly, 11(4), 439. Retrieved from ProQuest database.Harvey, J.T. (2013, May 1). Austerity leads to…austerity! (Links to an external site.)Forbes. Retrieved from http://www.forbes.com/sites/johntharvey/2013/05/01/austerity-leads-to-austerity/Keynesian economists would suggest that, during a recession, the government should use stimulus efforts to help support the economy during that recession. Later, after the recession, Keynesian theory would suggest reducing government spending during a productive economy. Austerity measures, during a recession, operate on the opposite perspective from Keynesian theory in that Austerity promotes the reduction of government spending, and government deficits, in economic downturns. Read the following article and watch the following video. Explain which perspective, Keynesian or Austerity, is better policy for government during a recession.Harvey, J.T. (2013, May 1). Austerity leads to…austerity! (Links to an external site.) Forbes. Retrieved fromhttp://www.forbes.com/sites/johntharvey/2013/05/01/austerity-leads-to-austerity/Forbes. (2012, February 13). Risk on, austerity wins in Greece (Links to an external site.) [Video file]. Retrieved from https://www.youtube.com/watch?v=SyE_J5Ei1dY

In 1966, the AmericanAccountingAssociation (AAA) definedaccountingas ‘the process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of information’.Required: Critically evaluate the role of the external auditors in preserving the integrity of financial information and in the prevention of fraud. In your answer you need to refer to the Auditor’s role and responsibilities, the importance of the Auditor’s independence and how this affects the Audit quality. Use appropriate references to support your arguments

The report has been written. It needs to be changed, that the report follows the structure as specified in appendix A (executive summary needs to be added, for example). The “report” file contains all the necessary instructions. The report needs to be 2000 words, +/- 10%

Suppose the end of the semester is approaching and you have exams to prepare for in economics, calculus, and history. Further suppose that your primary goal is to maximize your grade point average. Explain how the equi­marginal principle might be used to help you allocate your study time. 11. Discuss: “The crime associated with the drug trade is due to the illegality of the drugs, not due to drugs per se. As such, if you want to bring down crime in the United States, you should legalize drugs such as marijuana and cocaine.” 19. Define and give examples of psychic income and psychic costs and explain how they influence decision making.  20. Based on the equimarginal principle, do you think that a reallocation of the current government’s crime prevention budget could lead to a fall in crime rates? Please provide (at least) a half page answer for each question.