Economy

Assume that you are one of six thousand people who live on the small island of Tap. This island is small and can only produce a maximum of six thousand bags of corn a year (ignore technological advances in corn production that are occurring elsewhere in the world). The six thousand bags of corn produced are just enough for the residents since each resident only earns enough to buy one bag of corn a year (a pity since the Tapese really love corn!). The currency on Tap is the US dollar. Now suppose that the government of Tap injects more US dollars into the economy, and the result is that person now ends up having twice the amount of US dollars as he or she did before. Make a logical prediction about prices of corn in the economy, and explain what principle of economics is illustrated in this scenario. Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing. Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English.

Pull the source from this site: https://www.richmondfed.org/ Using the link provided in the Recommended Reading Module for the Federal Reserve Bank of Richmond, locate a current or archived article that discusses a situation or incident being reviewed where government policy is impacting the economy.  Using the concepts of government policy impacts on supply and demand, construct a thesis essay that explains the situation you have researched. The paper must include the following minimum components. -Thesis statement clearly showing that the paper takes a position regarding the subject.  -Current economic data supporting the thesis. -At least one economic graphs showing the data or supporting the thesis. -Primary conclusion that draws the thesis to a close and defends the position taken by the thesis. -A secondary conclusion in which the author presents in a single paragraph their personal economic theory or belief regarding the situation.

Gross Domestic Product was designed as a measure of economic activity, specifically a measure of national production. Despite this intent, GDP is widely interpreted as a measure of economic welfare or standard of living (when measured in per capita terms). What are the shortcomings of using GDP as a measure of economic welfare? What would you like to add to (or subtract from) GDP to make it a better reflection of how well people are doing in a nation?

ECON 3900 Critical Thinking through Writing (CTW) Assignment    Instructions: ·      This is an individual assignment, so each student should work on it independently. Copying or plagiarism will be subject to the University’s Academic Honesty policy. ·      Your writing assignment must be typed (1.5 spacing, Times New Roman, 12pt font).  ·      As a guideline, your essay response to the questions posed below should be about 3 pages in length.    Grading of this assignment will be done based on the following: ·      Identifying the issue(s): Clearly identifying the problem(s), question(s) or issue(s). Providing background for the problem(s), questions(s) or issue(s). ·      Analytics: Applying economic concepts to the questions. Developing logical arguments. Drawing substantiated conclusions. Drawing connections between economic concepts and real-world applications. ·      Communication and Structural Organization: Language clearly and effectively communicates ideas. Assignment is organized with an introduction, body, discussion, conclusions, and reference section, if applicable. Grammar, syntax and appropriate style.       Part I. Read Chapter 8, “Tales of Increasing Returns.” From Easterly W., The Elusive Quest for Growth. MIT Press, 2001. Referring to evidence from the chapter, answer the following questions:   1.     How is knowledge different from physical capital?  What are the special characteristics of knowledge that make it so useful for growth?  How can knowledge help a country grow?  Make sure to use examples from the chapter to support your answers.   2.     Describe what the chapter means by “traps” by the author. Why “traps” do occur in the economy? What are some government policies that could be used to alleviate the effects of “traps”. Please provided a detailed description of these policies.   Part II. Read Chapter 2, “Aid for Investment.” From Easterly W., The Elusive Quest for Growth. MIT Press, 2001. Referring to evidence from the chapter, answer the following questions:   1.     Evaluate the following claim: “Savings is not enough for the investment needs of developing countries. As such, if aid agencies and rich countries provide aid to developing countries it will increase their rate of investment and generate economic growth.”  Give some examples of these policies. Has such a policy worked, why or why not?     2.     What conclusions would we draw about the impact of foreign aid on economic growth and development if we were to use the Solow model to analyze this question? Please use a diagram to supplement your answer.   3.     How does your answer in Part II, 2. change if knowledge is a part of factors of production? Specifically, how does your aggregate production change, and its implication of foreign aids?

I need introduction – nature and importance of the study, statement of the problem, objectives of the study; review of related literature and methodology

As the global market has expanded, no matter the type of organization or industry, leaders must understand that they are no longer the sole decision-makers.  This is based on the entire team’s expertise and the value they give to the organization, especially based upon these individual traits studied in our global and virtual markets.    Discuss what does shared leadership mean to you?  In addition, how can shared leadership build relationships in a global marketplace? No Direct Quotes, No Bullets, No Abbreviations, and No Contractions allowed . . . your full interpretation of the content and in an academic sentence/paragraph format (i.e., at least 5 sentences per paragraph

II. NGO Report: You have to submit a 4-5-page (double-spaced) report.1. Choose an IPE issue here:  https://globalwa.org/issue-briefs/   2. Demonstrate how states, markets, and societies interact over this issue. How hard is it to determine the analytical boundaries between the state, market, and society in this case? 3. Find an NGO that is working in the issue space using this interactive map- https://globalwa.org/our-members/member-map/.   4.  Which region of the world does your NGO focus on and why? Here you will have to give me some data, tables, graphs etc. that demonstrate context and tell me why the issue matters to the NGO. 5.  Can you support the NGO’s research by providing recent literature on the issue?  Here I would need at least four papers summarized and cited.6.  Is your NGO aware of new research in the field?  From a critical review of the NGOs website, do you have any advice for the NGO based on your classroom knowledge

Review your chapter readings and use the resources provided to develop a 2–3-page paper on Economic Principles – Microeconomics in which you: Visit the Census Bureau (NAICS) website and select an industry that has a description. Some of the smaller industries are named, but not described. The industry could be broad, such as industry 11 Agriculture, Forestry, Fishing, and Hunting, or it could be narrow, such as industry 112112 Cattle Feedlots. The more digits in the industry label, the narrower the industry. In a few short paragraphs, describe your selected industry using the industry description at the NAICS website. Be sure to write in your own words. Don’t just copy and paste the NAICS text. Identify some of the major companies in this industry Identify the goods, and/or services this industry produces. Use the information from the NAICS website. You can supplement this information with what you find in a separate Google search. Describe a microeconomic variable for your industry. Microeconomic variables include prices, sales, production, advertising, investment, etc. Include a graph, chart, or table showing this microeconomic variable over time. You do not need to create this graph, chart, or table. Find one that has already been created and paste it into your paper. For example, if your industry is U.S. automobile manufacturing, Google, “U.S. automobile manufacturing over time.” Select the “images” option. Choose one of the graphs, charts, or tables. Then copy and paste it into your paper. Include a reference to the source of the graph, chart, or table. Microeconomic relationships and market outcomes are covered in Weeks 2–4. Describe one way the government might impact this industry. Examples might include price controls, regulations, taxes, or any other way you can think of. Government intervention through price controls, regulations, taxes, and antitrust enforcement were covered in Weeks 2 and 4. This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

Paul Ehrlich and Julian Simon made a bet.  It was written about in a book by Paul Sabin called, appropriately, “The Bet”.  An interview where Sabin discusses the book is (https://www.youtube.com/watch?v=M7mrTueunDg&feature=youtu.be) link to video.Another good place to learn about it is in this EconTalk podcast(https://www.econtalk.org/paul-sabin-on-ehrlich-simon-and-the-bet/)  (Links to an external site.) .  Although it is long, it is a really excellent discussion.   Sabin argues that there are things we can learn today from both sides.  What are they?  What are the economic principles that we can use to understand issues of development today?  What are the critiques that are important to keep in mind?

GUIDELINES FOR POWER POINT FOR PRESENTATIONS  Presentation consist of the following: 1.    Content   2.    Organization ·         Presentation should be clearly structured, i.e. ·         Presentation MUST have a clear introduction, and conclusion? ·         Points in presentation should occur in a logical sequence?   3.    Delivery and creativity ·         Presentation MUST be and easy to follow? Elements of creativity evident in the presentation style? For example (humour, visuals etc.)