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Write an analysis assessing how 1 of the following major economic events influenced supply, demand, and economic equilibrium in the US economic activity.
Why are anti-diabetes drugs likely to have inelastic demand? Define elasticity and provide graphical support to your explanation.
Describe how equilibrium is found. Describe how a shift of the demand or supply curve can affect equilibrium.
As an economist, what impact do you predict this change will have on equilibrium price and quantity?
First, you need to provide the background of their economy. Using various tools that you learned, analyze the strengths and weaknesses of this country.
Article or economic blog on price elasticity of demand and briefly summarize information. Why is understanding elasticity of demand important to microeconomics?
Write a literature review that provides a detailed summary of the economic circumstances and facts that serve as the foundation of the economic analysis.
What are the advantages and disadvantages of toll roads for driver? Why might an individual prefer to pay a toll than to use a free road?
Present the above in narrative form including the economics terms in the body of your writing, not as definitions.
How would you go about analyzing the benefits and costs of outlawing drugs such as heroin?
What does the company do? What product or service does it offer? Where is it located? Who are its main competitors?
Examine an adverse selection problem your company is facing and recommend how it should minimize its negative impact on transactions.
Discuss what type of relationship economic analysis would argue should exist between the price of oil and equilibrium prices and quantities of other goods.
Describe three points that stood out to you as they relate to human emotion and social media.
Analyze the role of the government with an exteranlity present. Explain why a firm is not able to deal with an externality.
What is the impact of resource endowments on comparative advantage? Is the factor-endowment theory a good predictor of trade patterns?
In addition, discuss how a manager would use the concepts in the articles you reviewed in managerial decisions.
Identify the microeconomic concept(s). Describe your findings. Analyze the relevance to real-life applications.
Which model would you prefer? You may already prefer one because you are defending your school. Thoroughly explain your reasoning.
How does enormous U.S. national debt affect the federal government's fiscal policy? Is current U.S. national debt a serious problem like a heavy personal debt?
Do you think studios should release movies in theaters and on-demand at the same time? Why or why not?
Identify gaps or opportunities for more effectively utilizing information technology to improve collaboration, efficiency, and communication.
How can companies strategize to compete for human capital resources? How does this affect overall decision making?
What is the Leontief Paradox and what explanations have economists given to resolve it?