Before beginning the assignment, please consult several key sources of information online and familiarize yourself with them.   • The Federal Reserve Economic Database (FRED) at the Federal Reserve Bank of St. Louis   • The NBER’s business cycle dating methodology   • The Survey of Professional Forecasters at the Federal Reserve Bank of Philadelphia […]

Trade War with China. You will get your last chance to complete one of your required two op-ed grades this week by answering the question: “Should the USA raise tariffs and engage in a ‘trade war’ with China?” This was the question that was scheduled at the beginning of the semester, but I realize that […]

A brief history of the industry in the United States. Include any important historical information relating to the industry which might have taken place outside the US and had a significant influence on the industry here.  Current status of the industry in terms of the workforce employed (direct or indirect), technology, geographical distribution etc.  Choose […]

Suppose that a state raises its minimum wage from $8/hour to $13/hour. Using an isocost-isoquant diagram, show how this will affect labor demand of a firm which produces Q = 200 units of output each month using two inputs: low-skilled labor and capital. Please label and explain your diagram completely.   Question 2   Susan […]

The Canadian government intervenes in agriculture markets in multiple ways under a system called “supply management” (see more details if you are interested at https://www.cbc.ca/news/politics/canada-supply-management-explainer-1.4708341).One of the ways is to impose a price ?oor for milk. Discuss arguments for and against Canada’s price ?oor for milk. Explain why the actual loss caused by the price […]

• Think of a relevant example in your own life of how a change in the market (including information, preferences, technology, price of alternative goods, regulations, taxes, etc.) has shifted either the supply or demand of a good. How did this change affect the market equilibrium for that good or service? Explain.   • Next, […]

1.Current efforts are to avoid global warming of 1.5 to 2 degrees Celsius. President Trump thought that in view of the volatility of  our climate, this change will  pass unnoticed. Please, motivate and explain your position on this issue.   2.Do greenhouse emissions create an externality? If so, how can it be corrected?   What […]

Locate an article written within the past year from one of the following sources (Harvard Business Review, Forbes, The Financial Times, The Economist, Bloomberg Businessweek, or the Wall Street Journal) that discusses an aspect of applied macroeconomic theory being covered throughout the specific week (e.g., Week 3 -> Macroeconomic Perspectives (GDP), Week 5 -> Aggregate […]

If a bank is falling short of meeting its capital requirements by $1 million, what three things can it do to rectify the situation? Make sure in your answer to compare and contrast the three tools that it has available and defend the one that you would use and why.

The Market for Human Organs Demand and Supply Essay   Listen to this (Links to an external site.) podcast about the market for human organs. Is there currently a surplus or shortage of human organs available for transplant? Using the demand/supply framework, explain how legalizing the trade for human organs will help move the market […]