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What are the potential benefits and costs of raising the minimum wage? Do you think we should raise the minimum wage? Defend your answer.
Create an engaging vocabulary game to be used to teach key vocabulary words to ELLs setting.
What determines whether or not a resource is scarce? Why is the concept of scarcity important to the definition of economics?
Why doesn't the National Bureau of Econonomic Research identify the turning points in economic activity until months or even a year after they occur?
Create a payoff matrix for this game between autodrone and remote devices. (Be sure to include all costs and benefits of their choices in the payoff matrix).
Reexamine the budget cuts or increases you made. What problems would such changes pose for a politician facing reelection?
Evaluate current economic policy (trade, fiscal, monetary) in the US. State what the current condition of the economy is (last 2 years), state the policies.
Opportunity cost is the cost of earning the opportunity. Marginal Cost(MC) and Average Cost(AC) meet at the lowest MC.
Your business partner is strongly opposed to your proposal to charge your largest customers lower prices for your web-based services.
The growth versus economic welfare debate is related to the dilemma of how to provide basic human needs without sacrificing growth.
Read the article "Sea salt around the world is contaminated by plastic, studies show" and explain the social and economic significance of this article.
What does this data suggest about financial market expectations of 1-year yields, 1 year from now?
How might an increase in the wage rate affect what you do with your time? Now describe a tradeoff you've made in terms of time or income.
What did X do well? What did X do poorly? What theory did they follow? How did the people/government/global community help or hurt X?
The table below shows the weekly demand for hamburger in a market where there are just three buyers.
Discuss the overall effects of the "trade war" on (i) U.S. firms, (ii) U.S. consumers, and (iii) net U.S. welfare.
Explain how Southwest Airlines used the game theory approach to increase its profits.
Identification of Case Study Elements-The economic causes of labor turnover: a case study.
Assume that a firm in a perfectly competitive industry has the following total cost schedule, and can only produce in increments of 50 units.
By law the Federal Reserve is required to monitor unemployment and inflation.
For a consumption function C = a + bY, what is the equilibrium value for income Y in the economy (Y = C + I, here)?
Economics Topic: should private capital movements be free?
Name two macroeconomic variables that decline when the economy goes into a recession. Name one macroeconomic variable that rises during a recession.
Explain two ways in which a government budget deficit hurts a future worker. Explain your answer and support with concepts of knowledge in macroeconomics.
Briefly explain the venture capital process. Does it make sense for your company to raise funds through venture capital?