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Prepare and submit a one or two page abstract of your topic as well as a short outline of your paper's proposed organization. The abstract and outline should be submitted in WORD format. Thank you
When writing your abstract/outline, be sure to explain how your paper will tie the subject matter back to the material we have studied. The purpose of the paper is to demonstrate you have read and mastered our material, and the abstract/outline should show how that will occur.
TOPIC: Choose an event, situation, issue, or problem from business or society today and analyze the microeconomics aspects of the topic chosen using sound Managerial Economic theory. Provide a description of what you are writing about, but your paper is not the description, but the research and analysis. Some examples of topics to get your ideas flowing are listed below. You should pick your own topic, but the list may perhaps start you thinking towards a meaningful topic to you.
TOPICS - EXAMPLES (* submitted by past managerial economics students):
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..
Explain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.
The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
Draw the production possibility curve and a. Define consumer surplus and producer surplus.
The Australian government administers two programs that affect the market for cigarettes
How many tickets to sell to maximize total welfare.
The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled
Depict the von Neumann-Morgenstern utility index u in a diagram
What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Calculate gross national product and net national product
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