Economics

The policies of the federal government influence the outcomes of the various activities in that economy. When government policies change or unplanned events occur, the resulting economic events or activity will usually change.  Listed below are several policies or events that affect the performance of the economy: • The federal government employs a budget plan over several fiscal years that results in significant increases in the national debt, with no relief or plans to deal with the problem. • The federal government enacts new tariffs and quotas on all imports. • The general public loses confidence in their leadership, in terms of their ability to manage the economy, especially in the area of job creation. • The federal government, in an effort to stimulate the economy, decreases taxes on all individuals except those earning over $250,000 per year.• The level of investment decreases because of a lack of confidence in the economy.• Interest rates are kept artificially low by the Federal Reserve for several years.For each of the items above, describe what would be the likely outcomes in the economy. Use the appropriate tools of analysis, such as aggregate demand and aggregate supply where appropriate, to justify and explain your answer.Submission Details:• Prepare a 3-5 page Microsoft Word document that addresses the above-noted concerns and meets APA standards.• MUST ALSO Include an additional summary page that contains 5-7 bullet points identifying the major findings or conclusions of the paper. • MUST utilize APA Standards and have IN TEXT CITATIONS. NO PLAGERISM!! All resources must be properly acknowledged.

Gas prices fluctuate often and in both directions. In your initial post, respond to the following: How responsive do you think consumers will be to the price change when these fluctuations occur due to changes in supply? Why? Use the various determinants of elasticity to explain your answer. How does the price elasticity of demand for gasoline impact the effectiveness of taxes on gasoline aimed at correcting a negative externality? Consider incorporating the supply-and-demand model to demonstrate the elasticity of demand for gas and to show the effects of tax on the market for gas. In your response posts to peers, describe in detail how your own actions reflect the ideas shared in the discussion, and relate that to the concept of elasticity.

This assignment is aligned to these course outcomes: Explain economic principles and their applications in the real world. Summarize the different types of market structures and the role of government in economics. In the workplace, we are often asked to create “briefs.” A brief provides a snapshot, or short, written summary, of a situation or event that has occurred. It is generally just a few pages long and may include additional visuals like a graph, chart, or table. In this assignment, write a brief about economic concepts in an industry that interests you. Industry Selection Use this resource to select an industry and learn about the products and services it provides: NAICS (North American Industry Classification System) Select the number next to the industry to see its subsectors, e.g., select 52 to see Finance and Insurance. Select that same number again to read about the industry as a whole or select a sub-category. For example, Mining is 21, and Oil and Gas Extraction, a sub-category, is 211. develop an economic brief that is two to three (2-3) pages long in which you: Select an industry and describe the goods and/or services this industry produces. Use the NAICS resource above to help you select an industry (and/or subsector) for your brief.  Identify this industry’s market structure and at least two or more market characteristics that support this market structure. (Market structures are covered in Weeks 3 and 4.) Describe any notable microeconomic relationships, market outcomes, and/or trends in this industry. Include a graph, chart, or table containing related data. (Microeconomic relationships and market outcomes are covered in Weeks 2 through 4.) How might government impact this industry’s market prices, output, and/or market structure? (Government intervention through price controls, industry regulations, and antitrust enforcement is covered in Weeks 2 and 4.) This course requires use of Strayer Writing Standards (SWS). The format is different compared to other Strayer University courses. Please take a moment to review the SWS documentation for details. (Note: You’ll be prompted to enter your Blackboard login credentials to view these standards.) Your brief should include a cover page. Your brief should be two to three (2-3) pages in length (not including the cover page), double-spaced, 12-point font. Your brief should include a minimum of one (1) reference/citation in the text.

A 1-2 page detailed summary of your paper-Outline  Introduction -This paper is about the most influential economic growth in the world and how this helps the economy to have better development in the world. Analyz  -The first thing i’m going to talk about is what is“ Investment“ and what is “economic growth“. -How does total capital investment influence the economy and help to capitalize making jobs to many employment in the big brandas.    -What investment and aggregate demand need to have a better economy.How the stock market affects the economy in the different investments. -How entrepreneurship and innovation help in investment and economic growth. -Give examples of the countries that have the best economy and  how they make it to keep fluid. -How the technology helps to make a great  investment and economic growth. Conclusión -Explain why I choose this topic and for what reason is important in the world. 2.         A bibliography of articles that support this paper. This must include at least 4 peer reviewed sources.  )paper,with a bibliography that includes at least 4 peer reviewed sources). You may also include appendicesfortablesorfiguresifyouwish.Pleaseseethemfullassignmenthandoutfor grading rubric. Note: I will not accept late paper under any circumstances.     For your research paper you may examine any domestic or international macroeconomicissue. I encourage you to come up with your own topic. If you have difficulty coming up with a paper topic, you may select it from the list of topics. Try to select a topic that genuinely interests you because you don’t want to be bored writing the paper.   A.  GeneralOutline Your completed paper should have the following items and sections: Title Author (you)   I.   Introduction/Significance of the Problem (around 0.5-1page) This section should explain the significance of the issue you are studying. Why should we (or the government of X) care?   II.  Analysis including literature review (5-6pages) In this section, you should analyze the issue you are interested in using the tools (models)andconceptslearnedinECON2103.Didanyoneelsestudythisorsimilar issue before? What are their main findings? How do your analysis/findings differ from or coincide with the findings of others? Be sure to use data or some other evidence to support your arguments. If you are studying some policy issue, what policy recommendations would you make and why? Make sure that your recommendations and findings are consistent with yourevidence.   III.   Conclusion (0.5-1page) Summarize your findings. You need to convince the reader that you addressed the issue you wanted to study and that you haveimportant findings/recommendations. Make sure that your conclusions are consistent with youranalysis.   IV.  References Cite your sources in alphabetical order. Use at least four primary sources. Do  not   forget  to cite  the  sources for  your  data. When  citing  references, please  use Author(Date) citation style commonly used in economics papers. Sample citation for journal articles: Aigner, D.J., C.A. Lovell and P. Schmidt (1977). “Formulation and Estimation of Stochastic Frontier Production Function Models.” Journal of Econometrics6(2): 21-38. Sample citation for books: Pindyck, R. (1990). The Structure of World Energy Demand. Cambridge: MIT Press. pp. 36-38.   B.    Format Your paper should be typed using font 12, double-spaced. The length of your paper should be around 7 pages. Try not to exceed 9 pages. Label, name and number all your graphs and tables.   C.   OtherSuggestions Please feel free to ask questions about any part of your project. If in doubt, use common sense. Do not plagiarize. You can obtain most US data from the following websites: –             the Federal Reserve(research.stlouisfed.org/fred2/) –             the Bureau of Economic Analysis(www.bea.gov) –             the Bureau of Labor Statistics(www.bls.gov) You can obtain most international data from the following websites: –             International Monetary Fund(www.imf.org) –             the World Bank(www.worldbank.org)Investment and economic growth

Go to www.Ted.com  (Links to an external site.)  and search for Thomas Thwaites’s talk, “How I Built a Toaster—from Scratch.” How much money and time do you think Thwaites spent building his toaster? How long do you think it would have taken Thwaites to earn enough money in, say, a minimum wage job to buy a toaster? Comment on the division of labor and the importance of specialization in increasing productivity.

Use concepts from the modular background readings as well as any good quality resources you can find. Cite all sources within the text and provide a cover sheet, and a reference page at the end of the paper. Length: 4–5 typed pages; double-spaced, 12-point Times New Roman font In some cases, the government can intervene in the market when the equilibrium price is too high or low. For example, a price ceiling is a legal maximum price that can be charged in a particular market. Do some research on your own.  Is a price ceiling set above or below the market price? Give an example of a price ceiling and discuss some disadvantages and advantages of this type of government intervention. An art museum raises its admission price, and ends up with a decrease in its total revenue. How could you explain this situation to the museum director? Suppose Billy drinks two cups of coffee a day no matter what the price. What does this mean in terms of supply and demand equilibrium? What are the main determinants of equilibrium of demand and supply? Which is likely to have more of an impact on supply and therefore market equilibrium: the demand for orange juice or the demand for a particular brand of orange juice?

Analyze 1 of the following government intervention programs: Countercyclical fiscal policies (countering economic disruptions such as the housing bubble and the Great Recession) US agriculture support programs Assistance for Low Income Families (choose 1) Housing vouchers Earned Income Tax Credit (including Child Tax Credit) Supplemental Nutrition Assistance Program (SNAP) Low income healthcare (choose 1) Medicaid (including Children’s Health Insurance Program). Affordable Care Act expansion Social insurance programs (choose 1) Old Age, Survivors, and Disability Insurance (OASDI) Medicare Unemployment insurance Write a 700- to 1,050-word summary of your analysis. Identify the intervention and the market failure leading up to the intervention. Complete the following in your paper: Analyze the arguments for government intervention as opposed to arguments for market-based solutions.Hint:See the information about market failures. Examine who has been helped and who has been hurt by the selected government intervention. Examine externalities and unintended consequences of such intervention. For example, consider whether the SNAP program and health coverage for low-income families result in higher future tax revenues because low-income children grow up healthier and produce higher incomes over their lifetimes. Analyze whether cost of the intervention you selected as a share of GDP or the number of participants is increasing,decreasing, or varies with the state of the economy, based on the cost trend(or number of participants) since its inception or since 2000. Analyze credible economists’ opinions on the success or failure of the intervention that you chose in achieving its objectives. Recommend whether the program should be continued as is, discontinued, or modified based on your conclusions. Defend your recommendation. Note: Use of charts and graphs is encouraged with appropriate citations. Any charts or graphs retrieved from the Federal Reserve Bank of St. Louis FRED website may only be included when the data sources used by FRED are US government sources such as the Bureau of Economic Analysis or the Bureau of Labor Statistics.  Cite at least 2 academically credible sources.   Format your assignment according to APA guidelines.

Please compare the three (3) year screening results/approach to that of the one (1) year screening results/approach and write a 600-word response paper supporting which one is more cost-effective. Read the information below that is related to the three (3) year versus the one (1) year screening rates for cervical cancer.     In addition to the information from the article please review other recent (within the last five years) literature on the benefits and cost of screening for cervical cancer and present a 1-2 page response in your own words citing all references and sources used to prepare your response.  The medical evidence is clear: Cervical cancer screening saves lives. Much of the focus of cost-effectiveness research addresses issues concerning the appropriate screening interval. D.M. Eddy (Screening for cervical cancer, Annals of Internal Medicine 113, 214-226, 1990) studied the issue and estimated that annual screening for a hypothetical cohort of 1,000 22-year-old women screened until age 75 would cost $1,093,000 and would save 27.6 life years. If screened every three years instead, the cost would be $467,000 and 26.8 life years would be saved.  Note: Which is more Cost Effective Screening for Cervical Cancer Every Year or Every Three (3) Years?  The question that needs to be commented on is whether it is more cost effective to have a screening for cervical cancer every year or is it more cost effective to have a cervical cancer screening every three (3) years. In other words, would it be more cost effective, more beneficial, more important, and more advantageous for women, for families, for society for women to have a cervical cancer screening every year, or have cervical cancer screening every three (3) years. Please consider the advantages and disadvantages of screening every year then compare the advantages and disadvantages of screening every three (3) year. After you have compared the advantages and disadvantages of each type of screening please tell the reader which one more cost effective, better, more important, more beneficial for the females, for their families and for society.  Do not comment on the overall effectiveness of having a cervical cancer screening by itself. THIS IS NOT WHAT THE QUESTION IS ABOUT. It is already known that screening for cervical cancer is beneficial and offer many good things for to a woman, her family, her friends and society. THE QUESTION IS WHICH IS BETTER, TO SCREEN EVERY YEAR OR TO SCREEN EVERY THREE (3) YEARS.

The purpose of the research paper is for you to employ economic concepts (scarcity, opportunity cost, comparative advantage, supply and demand, price signals, diminishing returns, marginal utility, competition, monopoly, labor markets, income distribution, externalities, public goods, and many other) in a practical way to a business or social issue, bridging the gap between theory and practice. The research paper should clearly incorporate the economic analysis and topics of discussion covered in both the textbook and the workshops (as they pertain to the topic of research). You should attempt to see business and social issues through the lens of economic logic. The conclusions should reflect a deeper economic way of thinking. Divide your research paper into six specific sections as follows: Introduction: Topic, statement of problem to be discussed. Objectives: Thesis statement, what is the goal of the essay? Method: The research method used: case study, books and newspaper or magazine articles, personal statistical research, or previously conducted statistical surveys. Findings and Observations: Data, facts ascertained, what did you discover? Conclusions: Interpretation, analysis of findings, arguments, personal comments and you informed opinions. Documentation: works cited, reference page. Sections 1, 2, and 3 (Introduction, Objectives, and Method) should not consume more than one or two pages of the final draft. The bulk of the research and writing should be concentrated in the fourth and fifth sections where discussion should occur, evaluation of theories should be conducted, and conclusions may be drawn.

Find a news article of your choice describing a good or service (you may use articles from websites such as cnn.com or foxnews.com). Summarize the situation and identify what supply or demand shift factor is at work. Describe the effect on equilibrium price and quantity given the shift factor. Provide a copy of your article with your written assignment. Please make sure have the references page.