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Q. In economic history there have been many great Economists who have developed theories, concepts and ideas which have improved our economy to a great degree. Below are five very influential and important economists: Irving Fisher, Milton Friedman, Friedrich A Hayek, John M. Keynes, and Adam Smith. Select one of the economists from above and discuss. Why are they important? Have they helped or hurt our economy? If they were alive today, what do you think he would suggest as an economic plan for our economy? Would they agree or disagree with the current policies?
Summarize in words the predictions and limitations of the theoretical framework developed for the first exam: that is the predictions for the effect of capital accumulation.
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
How would you use these cost and revenue estimates to determine whether a sales force increase or possibly a decrease is warranted.
The election of a new Congress causes consumer confidence to soar as expectations of future economic growth are solid.
As a business owner making a final decision regarding the international aspects of a business decision, you may decide to set up a table with the risks and weigh their relative importance against the rate of return you foresee
Should the airline replace its night flight from LA with a morning flight as well as should the airline remain in business.
Fully evaluate these regression results, including computation of t-statistics, adjusted R2, and the F-statistic.
Government encourage a decision to expand? How would it affect the reputation of the business?
Evaluate the role and the effectiveness of the Federal Reserve in stabilizing the current economy.
What are the factors that affect pay differentials? How does each factor increase or decrease relative wages?
How many DVD's will she have to sell to keep the store open for an extra hour to make profit, if each DVD is $12.
In the context of share holder maximization model of a firm, what is the expected impact of each of the event on the value of the firm?
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