Explain the role of government in solving problems that arise from different economic systems.

China’s Global Economic Impact

Looking at China, we can suggest that economic conditions, economic policies and the economic systems are the significant external factors that constitutes the economic environment of a business. The economic conditions of a country for example, the nature of the economy, the stage of development of the economy, economic resources, the level of income, the distribution of income and assets are very important determinants of business strategies. Because there is no universal strategy for all industries, only those strategies that are tailored to an industry and to the skills and assets of a firm succeed.

Discussion Questions:

1. What is an economic system? What are the basic problems of an economic system?

2. What are the features of a mixed economic system?

3. Explain the role of government in solving problems that arise from different economic systems.

4. Define privatization and trace the history of privatization.

5. Explain the different routes of privatization.

6. Give your arguments for and against privatization.

7. Why is China’s privatization different?

8. Bring out the nature and causes for globalization of business.

9. Explain the stages involved in the economic transition of globalization.

10. Evaluate the impact of globalization on China’s economy.

11. List the strategies used for globalizing a business.

12. Natural resources are the wealth of a country’s economy. Discuss China’s key resources.

13. Evaluate China’s government policies towards management of their natural resources.

14. Evaluate the impact of economic development on environmental issues.

Analyze and contrast the Introduction and Literature Review of the articles below.

Analyze and contrast the Introduction and Literature Review of the articles below. A synthesis discussing the economic impact of Aerotropoli on economies should be submitted. All Articles can be found in EBSCO.

· Flores-Fillol, R., Garcia-López, M.-Á., & Nicolini, R. (2016). Organization of Land Surrounding Airports: The Case of the Aerotropolis. Land Economics, 92(1), 57–81. https://doi.org/10.3368/le.92.1.57

· LIOU, J. J. H., Chao-Che HSU, Chun-Sheng Joseph LI, Gudiel PINEDA, P. J., & Gin-Weng CHANG. . Developing a Successful Aerotropolis by Using a Hybrid Model under Information Uncertainty. Technological & Economic Development of Economy, 24(3), 1080–1103. https://doi.org/10.3846/20294913.2017.1289484

Describe how a country can measure its income inequality. Evaluate the trend in the measure of income inequality for the United States from 1940–to 2020.

Income and wealth inequality

Read the instructions and expectations thoroughly. This is the final paper, and ensure you use Grammarly to check your grammar, punctuation, and spelling. Please do not use repetitive words or phrases. I have included a link from the professor to help assist in the writing of this paper.

You could compare the situation of the U.S. society with other developed countries by referring to the OECD data.
https://data.oecd.org/inequality/poverty-gap.htm#indicator-char

Before beginning work on the final paper, read Menasce Horowitz, Igielnik, and Kochhar’s 1: Trends in Income and Wealth Inequality and Strauss’s article The Connection Between Education, Income Inequality, and Unemployment . In your final paper, you should address the following based on the information presented in the article and other research:

Describe how a country can measure its income inequality.
Evaluate the trend in the measure of income inequality for the United States from 1940–to 2020.
Evaluate the roles of globalization and advances in technology as causes of widening income inequality in the United States.
Compare wealth inequality to income inequality.
Explain trends in wealth inequality in the United States from 1940–to 2020.
Evaluate two causes of wealth inequality in the United States.
Evaluate the role of healthcare inequality related to income and wealth inequality.
Estimate the wealth gap between those who have access to private insurance and those who do not.
Evaluate whether increasing access to affordable or free healthcare can reduce income or wealth inequality.
Make one recommendation on reducing income or wealth inequality if you were a federal policymaker.
For the final paper in week 5, I linked a data source.

What is the public choice idea or theory? Explain what rent seeking is. How can you combine the ideas of public choice and rent seeking?

Prior to beginning work on this discussion, read Chapter 14 in your textbook and Tim Worstall’s article, One Benefit of Nancy MacLean’s Democracy in Chains – Public Choice and Rent Seeking Popularised .

Based on the article’s information and Chapter 14 in your textbook, especially Sections 14.1 and 14.2, respond to the following:

What is the public choice idea or theory?
Explain what rent seeking is.
How can you combine the ideas of public choice and rent seeking?
Explain one real-world example of combining public choice and rent seeking.

How do the sources reveal this process of change? In what ways did they experience recruitment? In what ways did they experience deportation? Why is it important to remember this cycle?

You are asked to be reflective on this writing. Racism and formation and control of labor forces guides the Mexican native and immigrant experience. Think about how the federal government created policy that reflects cycles of change where recruitment and deportation become part of the Mexican experience. Write an essay that includes the cycle of change in immigration policy, addressing the prompts that follow:

“whenever there are economic labor necessities in the United States, the remedy becomes Mexican migration, which stimulates a movement of people to the U.S.; when the labor needs are satisfied, there oftentimes occurs an economic downturn which results in immigration restriction and deportation.”

Between 1910 and 1930, Mexicans were recruited, deported, recruited, and then deported. How do the sources reveal this process of change? In what ways did they experience recruitment? In what ways did they experience deportation? Why is it important to remember this cycle?

Are there reasons to think this may or may not be a risk at present?How Does the Fed Raise or Lower Interest Rates?

Interest rates are near an all-time low with the prime rate about 3.25% and the Federal Funds rate at 0.25%. This has helped to stabilize the economy since the onset of the Covid-19 pandemic in March 2020.

In normal times such aggressive polices might be thought to risk overstimulating the economy. Are there reasons to think this may or may not be a risk at present?

If you were an outside advisor to Fed Chair Jerome Powell what advice would you give to him on interest rate increases and why?

How Does the Fed Raise or Lower Interest Rates?

Key Elements of New Fed Policy Strategy

New Fed Monetary Policy

Discuss, giving your justifications, which time series forecasting techniques are appropriate for producing forecasts with this data set.

By early 1997, another 46 outlets had been established in eight countries outside the African continent, including Portugal, Australia, the United Kingdom, Israel and Canada. The majority of these outlets were established by bringing in local partners, mostly by the use of franchising. When exchange controls began to relax in the mid-1990s, Nando’s began to take a direct equity holding in those countries. This was seen as essential to facilitating Nando’s international ambitions and providing ideal support to maintaining the ‘Nando’s Way’ of doing business.
Assume you are the Sales Director at Nando’s International Holdings. You are
required to prepare a report for the Board of Directors on the following:

1. Describe the historical data on Nando’s sales, including a discussion of the general direction of sales and any seasonal tendencies that might be occurring.
2. Discuss, giving your justifications, which time series forecasting techniques are appropriate for producing forecasts with this data set.
3. Apply the appropriate forecasting techniques and compare the models based on ex post forecasts. Choose the best model.
4. Use your chosen forecasting model to generate forecasts for each of the months in year 2021.
5. Discuss how these forecasts might be integrated into the planning operations and policy makings in NIH.

Explain the topic completely and accurately, illuminating one or more aspects of cybersecurity in the workplace and providing compelling reasons for your assertions.

Compose 700-800 word paper about cybersecurity in the workplace. The two questions below should help guide the flow of nrhe paper in addition to following the rubric A through D below as well.

1. Why should companies increase cybersecurity awareness among their employees? How can they do this?

2. What are some resources to help people remain aware of cybersecurity threats and best practices?

The paper should:

A) Explain the topic completely and accurately, illuminating one or more aspects of cybersecurity in the workplace and providing compelling reasons for your assertions.

B) Clearly credit all outside sources used to complete your assignment

C) Lucidly organize material into well-formed paragraphs and arrange ideas logically to support the purpose of the paper; your writing is fluid with an explicit focus and sensible structure.

D) Write in complete, well-constructed sentences with faultless grammar, word choice, punctuation, and spelling; writing is sharp, coherent, and demonstrates sophisticated clarity.

Which alternative measures does the government have to boost the economy? Which one do you believe is the more direct way to do it?   

Principles of Economics : Countries and Systems

Answer the following questions using the readings and lecture slides attached as well as the essay guidelines and sample essays.

1)  Imagine a simple economy that consists only of 3 sectors: iron sector, steel sector and automobile sector. Iron is produced with no intermediate input. The value of production is £1000 and this is sold entirely to the steel sector. Apart from iron, the steel sector imports carbon for £500 and produces steel with a value of £2000. This is bought entirely by the automobile sector which produces cars that are worth £3000 . Half of those cars are sold to households and the other half to the government. Based on this, answer the following questions:
A.What is the value of the GDP of this economy?
B.Explain the equivalence between the value-added approach and the expenditure approach in this example.
2) Discuss the following statement: “Rising numbers in the employment rate is always good news for the economy”
3) Which alternative measures does the government have to boost the economy? Which one do you believe is the more direct way to do it?