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Critical Analysis
CRITICAL ANALYSES OF ECONOMIC ISSUES
Prepare critical analyses as a group project and present a PowerPoint presentation. This analysis will consist of researching current articles from any periodical or textbook, including the text used in class. It will also require the application of specific economic concepts discussed in class. The specifics for this analysis are listed below.
FISCAL AND MONETARY POLICY and ECONOMIC GROWTH
the following topics as it pertains to current economic issues:
The fiscal policies of President Barack Obama
The monetary policy of the Federal Reserve Sir William Arthur Lewis, Economic Growth Model: USA Lewis Model as it applies to China
Use one of the following economic concepts to analyze the issue you have selected: Expansionary versus Contractionary Fiscal Policy Expansionary versus Contractionary Monetary Policy. Foreign investment vs domestic capital Capitalist sector and subsistence sector (Lewisian Turning point)
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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