Yearly Archives: 2022

1.There are three approaches of estimating QALYs. There is no right answer to this question. Simply state your preferences. Assume that a person does not have a leg but is perfectly healthy otherwise.   Use visual analogue scale. If it were you, how would you rank your health between 0 and 1 with 0 being […]

The stock of Business Adventures sells for $40 a share. It is likely dividend payout and end-of-year price depend on the state of the economy by the end of the year as follows:    Economy Outcome Boom Normal Growth Recession Probability 10% 30% 60% Stock Price $55 $40 $35 Dividend $2 $1 $0   Section […]

The Fed Chairman announces in a press conference that he will fight the higher inflation rate with a new anti-inflation program. Predict what will happen to interest rates if the public believes him. Why are expectations so important to the role of interest rates?

What role do incentives play in understanding economic decisions? Provide an example to make your point. Assume you are the owner of a donut shop that is about to have its grand opening. Your total investment so far has been $50,000. Then you read in the Tribune a special health report that donuts are linked […]

Research seems to suggest that as liberal economic policies begin to dominate the international arena it is the elite that seem to benefit while the working class is witnessing an increase in poverty. In other words, Washington Consensus seems to be increasing the gap between the rich and poor not just between the developed and […]

Look at the profiles (financial statements for 2016) of each on yahoo finance and discuss the followings (you need to calculate these values yourself and show details of your calculations):   a) How many outstanding shares does the company have?   b) What is the market value of the company?   c) What is the […]

Transnational corporations are for-profit entities that conduct business in more than one country (sales, distribution, extraction, manufacturing, research, development) and make business decisions based on transnational alternatives. The objective of this week’s assignment is to understand transnational corporations as carriers of globalization.   (1) Select a large transnational corporation (choose any one you’d like, look […]

What are the key features of the Grossman model? (Hint: list as many features as you can)   QUESTION 2   Grossman suggested considering health as a consumption and as a capital good. Provide examples and explain how health is being “consumed” and how health can be treated as a capital. (Hint: why do people […]

Q1: Define Modern Advertising?   Q2?What is the societal role for advertising?   Q3: What are the Key Players: Target Audiences? Q4: List the Advertising Goals?   Q5: How should be the Message Theme for advertisement?   Q6: When is price discrimination is profitable?   Q7: What is the difference between dynamic pricing and price […]

Oil Company X is a large oil refinery which has been expanding and taking on new investment projects. Recently, they have considered building a pipeline that stretches across the United States, from Canada to New Orleans. As an alternate investment, they are considering increasing production at existing facilities.   In order to compare these investment […]