Answer 3 question in 200 words Gross Domestic Product was designed as a measure of economic activity, specifically a measure of national production. Despite this intent, GDP is widely interpreted as

6-2 Short Paper: Monopolies and Monopolistic Competition 

DISCUSSION Question: Japan currently has a very low rate of immigration because of very restrictive Japanese government policy. You are trying to convince your Japanese friend that Japan should change its laws to permit and encourage substantially more immigration. Discuss the three strongest arguments based on the case To earn

Reference: Pugel, T. (2023). International Economics (18th ed.). McGraw-Hill Higher Education (US). https://online.vitalsource.com/books/9781266833410 DISCUSSION Question: Analyze the European Union’s use of economic embargoes as a policy tool. What types of countries within the EU are most likely to support or implement such measures, and what factors influence their decisions? In

DISCUSSION Question: Consider a scenario where a large country imposes a tariff on imported goods, effectively shifting part of the tax burden to foreign producers. How might this strategy create economic gains for the imposing country? What are the potential long-term effects on trade relationships, domestic industries, and global market

WEEK 1 DISCUSSION AND ASSIGNMENT DISCUSSION Question: “Mercantilism recommends that a country should limit its exports, so that more of the otherwise-exportable products are instead available for local consumption.” Do you agree or disagree with this characterization of mercantilism’s message? Support your analysis with some examples. To earn full credit,

This assignment focuses on demand, supply, and equilibrium. Let’s start with the basics. Begin your essay by providing the following information.Explain the difference between a movement along demand and supply curves and a shift of demand and supply curves.What can cause the above situations? Provide an example for each.Describe how

what are the differences between the short run and long run equilibrium under perfect competition?

4-2 Short Paper: Government Policies 4-2 Short Paper: Government Policies 

Task 1: 1000-1500 words #1 Apply microeconomic principles to business decisions. #2 Apply macroeconomic principles to evaluate economic policy. Task 2: 1500 – 2000 words #1 Apply microeconomic principles to business decisions. #2 Apply macroeconomic principles to evaluate economic policy. #3 Analyze and evaluate an economic argument and create a

Task 1: 1000-1500 words #1 Apply microeconomic principles to business decisions. #2 Apply macroeconomic principles to evaluate economic policy. Task 2: 1500 – 2000 words #1 Apply microeconomic principles to business decisions. #2 Apply macroeconomic principles to evaluate economic policy. #3 Analyze and evaluate an economic argument and create a

Task 1: 1000-1500 words #1 Apply microeconomic principles to business decisions. #2 Apply macroeconomic principles to evaluate economic policy. Task 2: 1500 – 2000 words #1 Apply microeconomic principles to business decisions.  #2 Apply macroeconomic principles to evaluate economic policy.  #3 Analyze and evaluate an economic argument and create a

Project Guidelines and Rubric youtu.be/2O932t8-k2A?si=_3sb6yE3Wr2L6kNo youtu.be/sDeAogC7ioM?si=QUokKK3bnfJEyeiI

3-2 Checkpoint Assignment youtu.be/2O932t8-k2A?si=HX1LKR029uq9B_ZU youtu.be/sDeAogC7ioM?si=ssZ2rKlXy4_eiKRr

2-2 Discussion: Comparative AdvantageFor this discussion, read the advice article by economist Emily Oster entitled “You’re dividing the chores wrong.” Oster argues for an approach to household chores that is informed by economic principles. She shows how family economic decisions can be like how businesses make production decisions. In your

1-2 Discussion: Economics and Business Decisions  Possible Points: 40 Every individual confronts economic issues daily. This is especially true of business owners, who spend their time thinking of economic issues such as how to handle changes in the price of goods, how to allocate their time, and whether to buy or

. Consider a perfectly competitive coal market, in which demand and supply are given by the following functions: = 40 − 2 , = − 4 5 + 2 5 . a. Determine the equilibrium price per ton of coal in this market ( ) and the quantity sold at

ECON 201 For this term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course. You will research and find an article that covers the topic you have chosen. You can use an article online or

Poverty Causes & Solutions Given the economic situation over the past decade, how have you experienced poverty? What advice would you give to a government official? Evaluate the causes of poverty and give suggestions as to how poverty can be solved. Submission Instructions:   Prepare an outline of your essay