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1) Outline your seven point economic plan to avoid a double dip recession. Include price/demand information in your suggested plan, the basis of your assumptions, timelines, and anticipated political fallout.
2) Most discussions of the competitive success of nations look at aggregate, economy-wide measures like the balance of trade. Michael Porter chose a different starting point, beginning with individual industries and competitors and building up to the economy as a whole. Nations do not compete in the marketplace-business firms do, and the performance of individual companies in particular industries in where competitive advantage is either won or lost. The home nation influences the ability of its firms to succeed in particular industries, with the success or failure of thousands of struggles in many industries determining the state of a nation's economy and its ability to progress.
Pick two of the following economies Japan, Kenya, and in addition to the KEY characteristics of the chosen economy's and the U S economy, describe the implications of Porter's model.
3) Compare your answers in #1 and #2, and discuss any links
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
Case study analysis about optimum resource allocation: - Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..
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"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"
Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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