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Two of the main topics we studied in this economics class were opportunity cost and incentives. Choose one of the two topics below and respond to the questions.
The humorist, P.J. O'Rourke, said (tongue in cheek) that if we want to stop drivers from tailgating we should weld 6" steel spikes in the center of steering wheels pointing back at the driver.
Why does he think this would reduce tailgating?
Is his analysis based on opportunity cost or incentives? Explain.
Someone once said that economics tells us that disease should not be 100% eliminated from the earth.
Why would anyone think that disease should not be completely eliminated?
Is this analysis based on opportunity cost or incentives? Explain.
A statement of interest document is required for admissions and demonstrates an applicant's aptitude and motivation for graduate study.
Why should people be concerned about managing their careers? Why is an understanding of career management important for individuals and for organizations?
What are the advantages of using questionnaires in research as opposed to surveys?
Analyze each person's specific components of culture and relate them to his/her stratified position in society.
Sending jobs overseas (outsourcing accounting, IT, engineering functions) is being used more and more by companies. It's been a hot topic in this past election year.
This week's experiential exercise involvestracking the impact of digital technology on your daily life. Keep track of how many times you use digital technology
The examination will consist of a list of ten (10) concepts and students are required to choose three (3) concepts and submit a full description of each of the 3 concepts and relevant and detailed illustrations of these concepts in an internationa..
What are the core assumptions of the biopsychological approach? What historical disciplines converge to create biological psychology? What are some of the earliest examples of a biological approach to studying behavior?
In no more than two pages provide your thoughts (in third person narrative) as to whether or not Islam is compatible with Western values
Describe three qualities that characterize critical thinking.
Supply base rationalism seeks to reduce the suppliers in which an organization deals directly to a smaller number of strategic suppliers.
Reflect on your reading for the week, specifically Analytical Exercise 8. Is another form of structural configuration better suited to multiproduct.
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