Download Category: Economics

Explain how the higher education industry is similar to a marketplace using terms and concepts commonly used by economists. BRIEF PAPER: THE HIGHER EDUCATION MARKETPLACE ASSIGNMENT INSTRUCTIONS Explain how the higher education industry is similar to a marketplace using terms and concepts commonly used by economists. For example, how do concepts such as demand and … Read more

Select 1 of the economic concentrations (clusters) Select 1 of the economic concentrations (clusters) below: Seattle-Tacoma-Olympia, WA aerospace / defense industryCentral California winemaking industryHollywood movie industrySilicon Valley technology hubTexas / Louisiana Gulf Coast crude oil and natural gas production and refiningPre-1994 vs Post-1994 US auto and light truck production and the reasons for the change … Read more

Is democracy necessary for successful economic development Is democracy necessary for successful economic development? What is the relationship between property rights and economic development? In chapter 2, you\’ve read about correlation between political systems, ideology and economic systems. Democracy supports market economy and individualistic ideology. Totalitarian regime creates environment for command economy and collectivist thinking. … Read more

Pick a current economic event that relates to the material topic we have covered Instructions Microeconomics 101You are required to pick a current (“hot”, widely discussed) economic event that relates to the material (topic) we have covered or will cover in this course. This paper has to show your ability to apply the concepts you … Read more

Explain the effects of low price-guarantee on the price. Explain the effects of low price-guarantee on the price. (2 Marks) What do you understand by discriminatory monopoly? Bring out the conditions that enables the monopoly firm to charge different prices for its product in different markets. (2 Marks) The figure below shows the demand and cost curves … Read more