Economics

My Research County was Fort Bend County, Texas, and comparison county was Queen Anne’s County Research was on the demographics, tax systems, retail, tourism, schools, hospitals, activities for various age groups, gather as many details as possible. You are to become an economist for this assignment. This county project/research paper will be assessed in three ways: 1) the quality and quantity of data gathered 2) a comparison of your chosen county and the county in which you live 3) three ORIGINAL recommendations for NEW opportunities for your county of choice with proper explanation and justification for these ideas. Some counties are without a major hospital or a small airport.  And some may have an outdated mode of public transportation.  Determine what may better support the existing demographic or may attract a new demographic. How does your county’s tax system support or hinder the ability to make proper changes in your county?   This criterion is linked to a Learning OutcomeExplanation of a topic, clearly identify the purpose, potential problems, or nuances. This criterion is linked to a Learning OutcomeEvidence: Evaluate inferences, conclusions, and arguments for clarity, precision, relevance, accuracy, breadth, depth, significance, logic, and fairness. This criterion is linked to a Learning OutcomeSocial, political, environmental, and economic impacts: Recognize industry, political, environmental, and/or economic assumptions used in reasoning. This criterion is linked to a Learning OutcomePoint of view: Differentiate between opinion and fact. Answer clearly and precisely potential relevant questions. Identify, assess, and interpret relevant information. Use researched data for support. Do not use “I” in this paper. This criterion is linked to a Learning OutcomeConclusions and related outcomes (implications and consequences); Analyze the implications and practical consequences of a line of reasoning. Demonstrate how point of view may have been altered through the discovery of researched evidence.

Write a 350- to 700-word analysis assessing how 1 of the following major economic events influenced supply, demand, and economic equilibrium in the US economic activity: Rapid price increases, such as caused by the 1973 oil embargo or the aftermath of a major hurricane. Dramatic employment drops, such as the combined impact of the 2006 housing bubble burst and the subsequent Great Recession. Crippling interest rates by the Federal Reserve, such as those of the 1975 – 1985 time period. The collapse of the Soviet Union in 1991 and the end of the Cold War, and the “peace dividend”. The dot-com bubble from 1994 to 2000, and the subsequent dot-com crash. Cite at least 2 academically credible sources. The use of charts and tables to illustrate data is highly encouraged.

by late 2009, Greece’s national debt had grown so large relative to the size of its economy that lenders had lost confidence in the Greek government’s capacity to service it. Fear of a Greek default led to contagion – Spain, Italy, Portugal, and Ireland were all subject to the disapproving glare of frightened lenders. The crisis caused seismic disruption in Europe and the rest of the world. The International Monetary Fund, the European Commission, and the European Central Bank reluctantly offered Greece bail-out loans – but with strings attached. In order to get the money, Greece had to agree to austerity measures. In this context, austerity means tight fiscal policy – that is, higher taxes and/or lower government spending in order to shrink Greece’s annual budget deficit. Using your knowledge of the impact of the government’s budget on the equilibrium level of real GDP, and your understanding of the effect of the economy on the state of the government’s budget, explain why austerity measures usually result in less improvement in the government’s budget position than policymakers had hoped for. Be sure to define what we mean by “the government’s budget”. Grading Rubric; The table below shows the criteria your essay will be judged against. I expect two to three paragraphs, double – spaced. your essay will be assessed as either “Meets expectations’ or “needs improvement” on each of the criteria in the table below. If your essay meets expectations on three of the four criteria, your score will be 75%, etcetera.

A leverage ratio is any one of several financial measurements that look at how much capital a firm holds in relation to its total assets. For our purposes, we define the bank’s leverage ratio as equity capital divided by total assets. Go to the St. Louis Federal Reserve FRED database, and find data on assets fewer liabilities, i.e. bank capital (RALACBM027SBOG), and total assets of commercial banks(TLAACBM027SBOG). Starting in January 1995 until December 2018, calculate the bank leverage ratio and create a line graph of the leverage ratio over this sample (include the graph you created with your submission). Given the path of bank leverage over time, what can you conclude about moral hazard in the banking system over the time period considered? Just to show how nebulous is the definition of the leverage ratio, the inverse of this ratio is also called a leverage ratio in other contexts.

In an 650 word essay using economic principles/ theories, please answer the prompt: “Which will perform better in the next metals rally, Gold or Silver?”

Production & Costs Discussion The theory of the firm seeks to understand what motivates firms to make the operating decisions that they do. Focusing on production and costs (the cost of producing a given quantity of output), provides the necessary background information to do that. Assignment Objective Explain diminishing returns/relationship between average total cost and marginal cost using a real-world explain.  Differentiate between the three types of cost.  Directions Pick ONE of the three options… Option 1:  What do economists mean by “diminishing returns” to an input? What causes diminishing returns? Have you ever observed this principle at work in a job you’ve had? Describe how you’ve experienced this concept in the real world.

https://www.youtube.com/watch?v=xcUOIZF5CRQ&feature=youtu.be In the video shown, the actual President of the United States claimed that the drug abuse of opioids has to be ended. Please answer the following questions: 1. What are the differences between the application of strict enforcement against the drug abuse on the supply side and the demand side of the market of opioids? 2. Which measures mentioned in the video would affect the demand side of the market; which are those that will be impacting the supply side? 3. What is the U.S. history of the war on drugs (in general): decreasing demand or decreasing supply up to the present. (Mention different government administrations) 4. Use the graph of supply and demand to explain the characteristics of the market for hard drugs. What do you expect if the policy affects the supply only; or, if the policy affects the demand only. (Shift first the demand and keep the supply fixed. Then in other graph shift the demand and set the supply fixed). 5. Imagine that you are an economist working as a policymaker at the U.S. Department of Health and Human Services. You have to use your economic analysis to provide a good support recommendation. What would be your advice about the impact of elasticity price on the demand for hard drugs on the policy to control the crime issues? Do you advocate prohibition drugs? Why? or you advocate the legalization of drugs? Why? Requirements: Paper must be at least 500 words. MLA format required – All sources of information should be cited, including text or videos. Direct definitions, phrases, and ideas should be quoted as well as cited. Plagiarism in any form is unacceptable and will result in a zero for this assignment.

The paper should begin with a brief summary of Breaking Bad the Television Show , followed by an analysis of the economic concepts present, an explanation for how behavior is affected by the concepts discussed (this can be done through graphical analysis if necessary), and the paper should conclude with how this issue relates to the rest of the world including potential consequences. Summary of Breaking Bad Analysis of how it relates to class concepts Application to world/real life (social, economic, political issues) Graphs/Diagrams

Company is Mercedes Supply and Demand Conditions There are two rubric elements to be included in this section and combined they should be about 2 pages in length, perhaps longer if you present more than one graph/table. The first element asks you to evaluate the trends in demand over time and explain their impact on the industry and on the firm. To do this, you can consider market demand. Market demand is the demand by all the consumers of a given good or service. Find out who your customers are and provide detail on them. Use annual sales data to find out how much of the product is purchased. Here is a video explaining each of the following determinants of market demand that you could examine for your company’s market: o Income o Price of related goods o Tastes o Population and Demographics o Expected Future Prices The second rubric element to be included in this section is your analysis of information and data related to the demand and supply for your firm’s product(s) to support your recommendation for the firm’s actions. You have already presented the overall trends in demand in the last element. In this rubric element, you will first collect data specific to your company on demand. To do this, look at the following: ? Sales and Revenue. Building on the idea of market demand, consider how the annual sales data changed over time for your company in particular. ? Include a graph/table/chart of sales for your company. This may be in dollars, product quantity or number of customers – whichever is most relevant for your firm. You could use more than one, if you think that would give a more detailed picture of demand for your company’s product or service. ? Include 5 or more years of data will be enough to show a trend that is supported by your market demand discussion. ? Data can be found from the company’s annual reports and revenue can more specifically be found in the company’s income statement. One you have analyzed the demand side, you can now look at the supply side of your company. For this, you will want to watch this video on the determinants of supply, just as we examined the determinants of demand in the last rubric element. Here, some of the pieces you could explore and provide data on are: ? Input costs ? Technological Improvement ? Prices of substitutes ? Number of firms in the market ? Expected future prices Price Elasticity of Demand This section has three elements and should be 1-2 pages long. The first element asks that you analyze information and data to justify how the price elasticity of demand for your product is determined. Here, you will have to use pricing of your product, the trend in the price over time and comparison to similar products to justify whether you find the price elasticity of demand to be either elastic or inelastic. You may not be able to calculate a specific price elasticity of demand (video), depending on your company and the available information. However, looking at pricing data should help you justify whether demand is inelastic or elastic. You will then take your justification one step further in the second rubric element and explain the factors that affect consumer responsiveness to price changes. You can learn more about these factors from this video on the determinants of price elasticity of demand. Explore the following determinants as they relate your company’s product(s): ? Availability of substitutes ? Passage of time ? Luxury or necessity ? Definition of the market ? Share of budget The third and last element in this section ask you to assess how the price elasticity of demand impacts the firm’s pricing decisions. As you read in Chapter 6 in our textbook, there is a relationship between elasticity of demand and revenue. You can watch this video to review the relationship between price elasticity of demand and total revenue and explain how this relationship influences the company’s pricing decisions. For instance, if a company sells a product that has very elastic demand, meaning customers are very responsive to a price change, then increasing their price means that their total revenue will decrease. This could explain why, in such a situation, the company may decide to not raise prices, even if their costs are going up. This is just one example so be sure to make your analysis relevant to your company’s specific situation. Specifically the following critical elements must be addressed: II. Explore the supply and demand conditions for your firm’s product. a) Evaluate trends in demand over time and explain their impact on the industry and the firm. You should consider including annual sales figures for the product your firm sells. b) Analyze information and data related to the demand and supply for your firm’s product(s) to support your recommendation for the firm’s actions. Remember to include a graphical representation of the data and information used in your analysis. III. Examine the price elasticity of demand for the product(s) your firm sells. a) Analyze the available data and information, such as pricing and the availability of substitutes, and justify how you determine the price elasticity of demand for your firm’s product. b) Explain the factors that affect consumer responsiveness to price changes for this product, using the concept of price elasticity of demand as your guide. c) Assess how the price elasticity of demand impacts the firm’s pricing dec

Economics impacts of the specific event and recommendations on how one can assess them from a sustainability perspective   Event Chosen is Rio 2016 Olympics *** No introductions of Rio 2016 Olympics is needed, please go straight into the economic and sustainability aspect of it. *** APA 6th Edition *** Sources used would require some from eBook and academic journals as well (not all from websites)  E.g Economics Measures that were taken to increase the GDP. (Statistics required) How has it increased employment. Look at multiplier effect. How hosting of this event has contributed to the increase in the hotel or whatever business that is directly or indirectly affected in relate to this event. *** Statistics is required, operating cost vs revenue stream. than explain individually on the revenue stream. Sustainability Analyse the measures that were implemented and were they able to continue pass the event. Measures implemented to stimulate the growth of the economy during the event, were the growth sustainable after the event if not why?