Research data related to an economic issue

Assignment Help Business Economics
Reference no: EM131169553

For this assignment, you are required to research data related to an economic issue or situation relevant to your organization or a business organization in general. Use the Bureau of Economic Analysis website to choose data for this assignment. In addition, review the articles in Topic Materials relating to econometrics. Analyze the data you have selected to determine how to use them to make appropriate economic decisions for an organization. As you are analyzing the data, apply econometrics methods (linear regression, statistical mathematics, nonlinear regression, or another relevant model) to validate data and determine strategies and solutions for the economic data retrieved. Please review the "Sample Econometrics Problem" resource to assist you in completing this assignment.

 

Write a summary (500-750 words) to discuss your data findings and the proposed solutions generated based on applying econometrics and analyzing the data. You are required to submit the selected data, methods for testing and validating data, and the economic decisions you have established based on analysis of the data

Reference no: EM131169553

Questions Cloud

Using demand and supply analysis : Using demand and supply analysis, briefly discuss the effect of each of the following on the market for cigarettes:
What uniform annual amount must be invested : A computer costs $1, has an estimated life of 10 yrs and a scrap value of $1500. Assuming no inflation and an interest rate of 4%, what uniform annual amount must be invested at the end of each of the 10 yrs in order to replace the computer?
Consider the development of the trade routes : Consider the development of the trade routes of Afro-Eurasia (Indian Ocean, Silk Road etc). Then consider the development of the Atlantic System and other emerging global systems. What were the changes in systems of thought, economics and technologie..
Reasons for their occurrence and their social consequences : Discuss the factors contributing to movements along different points on the same supply curve, and the factors contributing to the supply curve shifting to the right or to the left of its original position. (Also, identify actual examples). Also, ref..
Research data related to an economic issue : For this assignment, you are required to research data related to an economic issue or situation relevant to your organization or a business organization in general. Use the Bureau of Economic Analysis website to choose data for this assignment. disc..
How does the existence of low cost domestic : In many poor countries even middle class families may have full time servants, a luxury reserved for the very wealthiest households in rich countries like the U.S. How does the existence of low cost domestic help affect PPP-adjusted GDP statistics in..
Capture changes in the overall price level automatically : If we want to look at changes in the cost of living, why don't we track differences in each households actual expenditures from one year to the next, rather than a market basket? Offer several reasons why this method would fail to capture changes in ..
Considering the restaurant workplace : Choose a fast food restaurant or chain and talked about the costs that the restaurant may have (1 page please), not as company. Just considering the restaurant workplace, include these three things:
Economy starting at the long run equilibrium : First, draw the AD, SRAS, LRAS diagram for the U.S. economy starting at the long run equilibrium. Label your graph thoroughly. Second, show on your diagram what happens to the U.S. economy when the U.S. government lowers income taxes across the board..

Reviews

Write a Review

Business Economics Questions & Answers

  Depletion charge using the percentage depletion method

What is the allowable depletion charge using the percentage depletion method for year 1 only of the salt mine investment described below. The applicable rate for the percentage depletion method is 10%. Cost to acquire mine rights = $30,000

  Salvage value is expected to original cost for either model

XBC Inc. is planning to buy a new car. Model A costs $22,000 and is expected to have a life of 4 years. Model B costs $35,000 but it is expected to last 6 years. The salvage value is expected to be 10% of original cost for either model. Using annual ..

  Calculate the optimal utility-improved environmental quality

Hsiang lives in a densely populated city in China. His utility depends positively on two things, the consumption of a composite good (X) and his health (H), and negatively on air pollution (P). His income is given: Y = 10. The price of X is 1. Calcul..

  What would happens when the price of the ice cream decrease

Suppose you have two goods, ice cream and macaroni(an inferior good to most people). show graphically what would happens when the price of the ice cream decreases and income increases.

  Crimes per capital on the per capita size

Suppose that we are interested in the effects of police on crime using data from a random sample of US counties. We plan to regresses the county's number of crimes per capital on the per capita size of the country's police force. This regression does..

  Use monetary policy to lower the inflation rate

In a certain country, demand for goods and services is outstripping supply. Inflation is running at 10%, well above the target level of 2%. How would you use monetary policy to lower the inflation rate? How would you use fiscal policy to lower the in..

  Indifference map and budget constraint for goods

Mary's indifference map and budget constraint for goods x and y are shown below. If Mary spends all her money on x and y which bundle will she choose to maximize her utility?

  Cost curve is equal to the firm individual supply curve

A firm’s marginal cost curve above the average variable cost curve is equal to the firm’s individual supply curve. This means that every time a firm receives a price from the market it will be willing to supply the amount of output where the price eq..

  Identify an economic issue that both parties address

Identify an economic issue that both parties address and compare and contrast their views on that issue. Generally speaking, how much of the disagreement is based on normative economics compared to positive economics?

  Q1 what is the rationale behind the mini-max regret rule

q1. what is the rationale behind the mini-max regret rule? illustrate several less formal and precise methods of

  Drawback of using a nominal anchor

What, how and for who apply to the following the economic decision. Should the company makes its own spare parts or buy them from an outside vendor.

  Development and application of environmental policy

Discuss the role of asymmetric information in the development and application of environmental policy. Give an example and discuss how you would go about implementing an emission abatement policy in that particular situation.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd