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Describe three ways we can use macroeconomic analysis, with one original example for each way.
Is real GDP per capita a perfect measure of living standard? Why? Share your thought on how to measure and compare living standard and quality of life.
Why is choice important in economics? What are the costs of choice? How relevant is economics in our everyday lives?
Discuss how the balance of payments can influence exchange rates and purchasing power. Then take a position either for or against trade deficits.
How valuable do you think work is to an individual? Do you welcome accountability (examining your work efforts) in your work?
Determine changes in assets, liabilities, and equity. Determine changes in total revenue and net income.
Explain whether you think offshoring helps or hurts US economy. Support your argument with specific examples, referencing the module's lessons as applicable.
Is this merger horizontal? Vertical? Conglomerate (unrelated diversification)? Why do you think these companies would or would not make a good match?
Analyze why the recent 20-year U.S. unemployment and inflation data approves or disproves the short-run Phillips curve.
What is the opportunity cost? Define the opportunity cost in your words. What was opportunity cost for LeBron James when he determined to directly enter NBA?
Briefly describe the types of economic systems. What is the United States' economic system and what are the characteristics of this economy?
How the corrective action helped to restore stability to the financial system? How the corrective action should prevent recurrence of a similar crisis?
Give detailed information to discuss on the laws of development and give clear samples of any developing country.
Describe a tradeoff you have made in terms of your income or your time. What choice did you make with your money or time? Why did you make that choice?
Should we continue to measure GDP as we do now? If you don't think it should be changed, explain your reasoning.
Choose one of these assumptions and provide a criticism of this assumption and a defense of it. Overall, should economist keep using this assumption?
Why did tens of thousands of U.S. workers take part in the Strike for Black Lives on July 21st? Why did some major chains receive millions of dollars in loans?
Can government intervention in markets sometimes make the situation worse? Provide examples in your response.
What challenges will the U.S. economy face given a higher debt limit for future economic growth?
How would a change in AD and AS affect the economy, respectively? Why do Keynesian economists emphasize AD whereas classical economists emphasize AS?
Briefly explain the country's history (no more than one paragraph). Describe the geographic environment.
What sorts of things do you think should be included in the measurement of a country's well-being?
Analyze the market before Uber's entry. Describe the inefficiency Uber exploited. Explain Uber's surge pricing in the context of shifts in supply and demand.
Examine the shortcomings of GDP in measuring a country's economic health? Discuss using GDP to evaluate the business cycle.
What is the impact of resource endowments on comparative advantage? Is the factor-endowment theory a good predictor of trade patterns?