Category: Economics

Assignment 2

Distinguish between the major convictions held by the Classical, Keynesian and Monetarist schools of thought. If you are the government of the TCI in this Covid-19 pandemic, would you uphold the views of the classical school or those of the Keynesian school? Why?

Your essay must include but not limited to:
Introduction

The views held by the respective schools Classical, Keynesian and Monetarist

Arguments supporting the stance you would take as the government

Conclusion

Additional Guidelines
Your essay must include in-text citations

Writing style must be APA Times New Roman font, size 12, double spaced

A reference page must be included

Please refer to the presentation rubric for detailed mark scheme

Assignment 1

Your father owns a small family business but he is of the opinion that he does not have to be
concerned about economics as it is a government-related matter. As a student exposed to the scope of economics, in no more than 600 words, write an essay to your father, explaining to him the importance of knowing the basics of economics.

Your essay must include:
Introduction Defining key terms (economics, microeconomics, macroeconomics).

The importance of economics as it relates to scarcity and choices

Why is it important to appreciate economics?

Clarification of your fathers misconception.

Conclusion

Additional Guidelines
Your essay must include in-text citations

Writing style must be APA Times New Roman font, size 12, double spaced

A reference page must be included

Please refer to the presentation rubric for detailed mark scheme.

Public Finance

Outline four short comings of a country borrowing heavily from internal and external sources
2.     Mention four cannons of taxation                               
3.     State four reasons why government levy taxes                       
4.     Identify four methods that a government can use to finance a national budget deficit   

Economic Data and Business Decision Making

Must follow APA 7 guidelines Needs a running head.

Part 1. Economic Data and Business Decision Making (600-800 words)

Read Hughes-Cromwick & Coronados (2019) article on the value of economic data on business decisions. (Attached)

Identify and Discuss examples of economic data used by specific industries to enhance business decision making. (Last 5 years)

Prepare a 600 to 800-word SUMMARY of the research conducted for the key area using a minimum of 5 additional  new peer reviewed journal articles (last 5 years)- Stay within the word count.

        There should be an introduction (Remember APA 7 does not allow the word Introduction as a sub header)

        Use the title of each research article as the Heading above your Discussion/Response.

        Last paragraph Further Research. Identify QUESTIONS the researchers identified as needing further exploration in these areas.

Find five (5) Scholarly peer reviewed articles in this area Within the last 5 years

Discuss the contributions of the 5 additional journal articles and how these articles help to provide additional clarity on the topic.

Each Journal Articles title is the Heading above your response, and this heading is left justified.

(State the name of the Journal Article)

            Discuss the Contribution of this article and in a separate paragraph discuss how this article provide additional clarity on the topic.

(State the name of the Journal Article)

            Discuss the Contribution of this article and in a separate paragraph discuss how this article provide additional clarity on the topic.

(State the name of the Journal Article)

            Discuss the Contribution of this article and in a separate paragraph discuss how this article provide additional clarity on the topic.

Etc. for the remaining 2 journal articles.

Part 2 Annotated Bibliography:  1 paragraph per source. Total of 5 paragraphs

In preparation for writing each of your discussion forums, you should submit an annotated bibliography. An annotated bibliography is a list of sources (books, journals, Web sites, periodicals, etc.) one has used for researching a topic (Annotated Bibliographies, 2020).

For all sources used in your discussion forum you should:

        Provide an APA formatted Citation

        Summarizethe source and discuss the research study that was conducted and what the findings were.

        Assess the source and discuss how useful it is and how it compares with other sources in your paper.

        Reflecton how the source will be useful to you in your forum. How does it help to shape your argument and how are you using it to shape your writing?

A sample APA formatted annotated bibliography can be found here: https://owl.purdue.edu/owl/general_writing/common_writing_assignments/annotated_bibliographies/annotated_bibliography_samples.html

Macroeconomic

Task Description:
For this assessment task, you will submit a short essay to illustrate how one or more macroeconomic theories or concepts covered in the course can be used to understand a current macroeconomic issues published in any peer reviewed journal article of their choice on or after 1st of November 2019. To complete this task you are required to:

1. Introduce the journal article you are reviewing.
2. Summarise the key points made in the journal article.
3. Critique the journal article. This includes: critique of the literature review and theoretical framework; critique of the study design and methods; and critique of the results and discussion.
4. Conclude and provide a personal comments pertaining to the journal article and how it relates to the course material. 

Additional Information:

Your submission should include your analysis (i.e. your essay) as well as full copy of your chosen journal article (eg. attached as an appendix or clearly scanned copy). Note: you cannot use a journal article that has already been covered in the course, including in the lectures, tutorials, textbook or other supplementary materials that may be posted on Blackboard).
The analysis (excluding the journal article and references) should have fewer than 2000 words.
References can be done in any professional style, so long as it is consistent.
There are no specific formatting requirements, but you should ensure that your essay is clear and easy to read.
There is no limit to the length of your chosen journal article.

Continuation – Women with big feet

Submit a report that covers a general analysis of your chosen market from week 2 and 3.

Use References.

Market Analysis

Describe the distribution of firms and consumers in the market.
Are there only a few on one side or both sides?
Is there a mix of very different kinds of firms? Or consumers?

Describe any important constraints or regulations on the market.

Pick two questions from the following list to answer about your market:
How would changes in input prices affect the market equilibrium?
Is there a policy that if implemented would improve market efficiency?
What economic implications would an improvement in production technology have?
Is the market outcome efficient?
How is market surplus divided between consumers and producers/sellers?

I attached week 2 and 3.

COVID-19s Effects on the Economy and the Feds Response” written by Jane Ihrig, Ph.D., Gretchen Weinbach, Ph.D., and Scott Wolla, Ph.D

https://files.stlouisfed.org/files/htdocs/publications/page1-econ/2020/08/10/covid-19s-effects-on-the-economy-and-the-feds-response_SE.pdf

Your writing should be typed in MS Word; font – Times New Roman, 12 points, double-line space.
Remember that an article critique has four main parts and you are expected to include all in your critique WITH THE TITLE HEADS as

1. Introduction
2. Summary
3. Critique
4. Conclusion
and References.

In these tough economic times, many people have no choice but to turn to their credits cards to pay some bills. Most economists argue that this is not a financially prudent course of action. Credit cards companies have long been accused of being less than

In these tough economic times, many people have no choice but to turn to their credits cards to pay some bills. Most economists argue that this is not a financially prudent course of action.
Credit cards companies have long been accused of being less than reputable in their business practices.

The question for consideration this week; are credit card companies exploiting American consumers, especially in these worst of economic times. You are required to do some basic research on this topic and use/cite at least two academic sources

Any topic (writer’s choice)

Students are required write a current event essay in which they analyze an article and relate it to course topics. Students will need to find an article (Economist, Wall Street Journal, Time, Newsweek, etc.) and write a three-page essay (Times New Roman, double-spaced, 12 point font, and one-inch margins) relating the article to topics discussed in the course. The article must be cited in the essay. NOTE regarding format: Times New Roman is specific to Microsoft Word. If you are using a different word processing system, please select a similar font. If you do not access to Word, Works, Pages, Notes, or any other word processing system, you may directly type into the submission box.  Students will be graded on their ability to follow directions and articulate how course topics relate to their article of choice. Late essays will not be accepted. The essay is worth 50 points. Students can anticipate feedback and score within 7 days of due date.

The introduction and conclusion are strong.

This criterion is linked to a Learning OutcomeSummary of article. At least four supporting details addressing who, what, where, when, why or how of the article information.

This criterion is linked to a Learning OutcomeIdentification of economic problem/debate /issue and its relation to material studied in class.

This criterion is linked to a Learning OutcomeInclusion of economic terms in the article summary.

This criterion is linked to a Learning OutcomeStudent articulates how article relates to course topics.

This criterion is linked to a Learning OutcomeReflection about understanding of article compared to 16 weeks ago

This criterion is linked to a Learning OutcomeSources cited within the paper and Works Cited page at the end.

This criterion is linked to a Learning OutcomeDemonstrates knowledge and use of writing mechanics (sentence structure, grammar, punctuation, capitalization, spelling, etc) to enhance readability.

This criterion is linked to a Learning OutcomePaper is at least three full pages of text using Times New Roman, double-spaced, 12 point font, and one-inch margins.

Any topic (writer’s choice)

Students are required write a current event essay in which they analyze an article and relate it to course topics. Students will need to find an article (Economist, Wall Street Journal, Time, Newsweek, etc.) and write a three-page essay (Times New Roman, double-spaced, 12 point font, and one-inch margins) relating the article to topics discussed in the course. The article must be cited in the essay. NOTE regarding format: Times New Roman is specific to Microsoft Word. If you are using a different word processing system, please select a similar font. If you do not access to Word, Works, Pages, Notes, or any other word processing system, you may directly type into the submission box.  Students will be graded on their ability to follow directions and articulate how course topics relate to their article of choice. Late essays will not be accepted. The essay is worth 50 points. Students can anticipate feedback and score within 7 days of due date.

The introduction and conclusion are strong.

This criterion is linked to a Learning OutcomeSummary of article. At least four supporting details addressing who, what, where, when, why or how of the article information.

This criterion is linked to a Learning OutcomeIdentification of economic problem/debate /issue and its relation to material studied in class.

This criterion is linked to a Learning OutcomeInclusion of economic terms in the article summary.

This criterion is linked to a Learning OutcomeStudent articulates how article relates to course topics.

This criterion is linked to a Learning OutcomeReflection about understanding of article compared to 16 weeks ago

This criterion is linked to a Learning OutcomeSources cited within the paper and Works Cited page at the end.

This criterion is linked to a Learning OutcomeDemonstrates knowledge and use of writing mechanics (sentence structure, grammar, punctuation, capitalization, spelling, etc) to enhance readability.

This criterion is linked to a Learning OutcomePaper is at least three full pages of text using Times New Roman, double-spaced, 12 point font, and one-inch margins.