1. Define and explain Frictional, Structural and Cyclical unemployment. What is NAIRU?   2. Show the effect of a minimum wage on a labour market where the equilibrium wage is below the legislated minimum wage. Use the labour demand and supply model but don’t consider any effects outside of the basic model.   3. Explain […]

Economic Perspectives Questions   1  What is the main economic issue?   2  How is the economic issue related to the concepts or models that you have learned from this course?   3  What sorts of arguments/opinions have been discussed?   4  Do you agree or disagree with the analyses/opinions? Why?   5  What argument […]

What is productivity and why is it important? How is it determined? Identify the ways in which a bondholder’s rights differ from those of a stockholder. In what ways do they differ when a firm is bankrupt? Outline arguments made by proponents of unions. Outline the argument made by critics of unions.

Finland Trade Patterns Brief Analysis Prepare a handout with a Brief analysis of FINLAND trade patterns.    -List of imports and exports    -Does your country’s trade pattern appear follow a factor endowments explanation?   -What factors do you think your country is abundant in? -What factors are scarce? -Are the country exporting goods that […]

Grocery Stores Discussion   Use the following information to create a set of recommendations.   https://www.usitc.gov/tata/hts/index.htm   https://www.cbp.gov/newsroom/stats/trade   https://www.politico.com/story/2019/08/25/graham-china-trade-war-1475218   https://www.foxnews.com/politics/trump-admits-to-second-thoughts-about-china-trade-war   You have been hired by the owner of a group (1,200) of unique grocery stores in multiple countries that sell both local products (produce, meat, dairy, eggs) and hard to find imported […]

Since the heady days of FDR’s New Deal in the 1930s, the federal bureaucracy has grown into a massive, complicated, expensive and politically savvy colossus. It performs, day in and day out, the myriad and mundane functions of governance in America. It is the “permanent” government and is arguably the most powerful political force in […]

1.Compare and contrast expansionary and contractionary fiscal policy.   2.Explain how contractionary fiscal policy is important.   3. Explain the role of expansionary policy.

If you remember the topic of online grocery shopping hours being extended to 24 hours/day for the corporation Walmart as my topic. I am working toward the next phase of this project and would love your input on this section. Please be as detailed as possible as I am coordinating my research of next 5 […]

Psychology of Decision Making Discussion Behavioral Economics and the Psychology of Decision Making: Are we making rational decisions?   Kahnemann won the Nobel Price in Economics for his studies to show systematic mistakes we make in the decision making process. He examines the ‘glitches’ in our thinking and challenges human rationality. In this video we […]

Nigeria is one of the biggest potential growth markets in the world for mobile phones, but firms that operate there face a variety of challenges. Network coverage is poor and many consumers cannot afford to buy smartphones or to pay for expensive data plans. Government policies can shift without advanced notice and the cash-strapped government […]