This week’s reading assignment is Chapter 2: Principles of Economics with Applications in the Air Transport Industry. This chapter introduces us to the economic way of thinking and fundamental concepts of economics including scarcity and opportunity cost. Pricing is used as an example of a microeconomic issue before moving on to macroeconomic issues including growth, … Read more
Please choose one of topics on macroeconomy below for you to analyze (please write atleast 3 pages of macroeconomy analysis –No references or research needed for this paper, although you are encouraged to scan the news outlets; the outcomes should be based entirely on your own critical thinking perspectives. Please write your thesis at the … Read more
this essay has two parts. part one will be a summary of this article, you can write about 400 words. part two will be your own thoughts and commentary which is also 400 words. You can find the requirement in detail in the attached PDF file. Thank you.
In a recent unpublished Federal Reserve Bank of Minneapolis working paper (June 2020), Misty L. Heggeness investigated the impact the COVID-19 shock had on parents’ labor supply during the initial stages of the pandemic. One of the consequences of the shutdowns has been a functional collapse of the childcare industry, and this has placed an … Read more
Find a news article of your choice describing a good or service (you may use articles from websites such as cnn.com or foxnews.com). Summarize the situation and identify what supply or demand shift factor is at work. Describe the effect on equilibrium price and quantity given the shift factor. Provide a copy of your article … Read more
The phrases, Show me the money and You can take that to the bank demonstrate the influences of currency and the financial system in society. The phrase Show me the money from the 1996 movie Jerry Macguire, generally means that someone wants to know how much they will be paid for something or they want … Read more
In this Assignment, you will examine factors that affect aggregate demand (AD) and aggregate supply (AS). You will compute the rates of inflation using the U.S. consumer price index (CPI) and then examine how the results impact nominal interest rates, inflation, disinflation, and deflation.Instructions: This Assignment presents scenarios in which you will analyze macroeconomic indicators … Read more
Topic: Unemployment and Cost Inflation The two main forms of economic problems are unemployment and inflation. There are different types of unemployment in the economy. Moreover, some employed people are underemployed, particularly during economic downturns like recessions. Stabilizing prices is one of the macroeconomic goals of policy making. Price stability calls for taming inflation or … Read more
Topic: Shape of Demand Curves, Barriers to Entry and Competition The shape of demand curves firms face may change from one form of market structure to another. In addition, there are several factors that influence the nature of firms, including the level of competition they may be involved in or may not be involved in … Read more
In this Assignment, you will calculate total cost, total revenue, and total profit/loss. Based on the computed results, you will determine the optimal quantity of output that maximizes profit under a perfectly competitive market. Moreover, you will evaluate the antitrust laws and merger guidelines based on market shares of firms to prevent a monopoly and … Read more