What is the constraint/problem/friction in improving welfare of the people concerned?

Evaluation: Marking guidlines
1. Should be relevant topic. (5%)
2. Should be well motivated – explains why this is relevant to look at given the context of development. (20%)
3. Analysis and explanation- exposition should be clear. (25%)
4. Data and or examples – should have as much as examples and or data
(15%)
5. Should be well researched. (25%)
6. Is the essay able to reach any conclusion? (10%)
Points to consider (this list of points is suggested, you can format your essay di↵erently.):
1. Introduction: Why is the issue relevant from the perspective of a developing nation?
2. What is the constraint/problem/friction in improving welfare of the people concerned?
3. Description of the major features of the issues you are discussing. Provide data if available.
4. Explanation of the problem.
5. Are there any policy recommendations? If yes, describe them?
6. Conclusion

Define the concept of economic modelling, and identify ways in which different models may be appropriate for different economic problems.

Industrial capitalism,markets and economics

Learning outcomes

After reading this chapter you should be able to:

. identify a number of different theoretical approaches in economics;

. distinguish between the assumptions made by different theoretical approaches;

. define the concept of economic modelling, and identify ways in which different models may be appropriate for different economic problems;

. distinguish economic theories employing equilibrium analysis from those that do not;

. apply demand and supply analysis to changes in competitive markets and the problem of externalities;

. apply game theory to analyse an economic coordination problem such as climate change mitigation.

Critically analyse the key strategic technical,legal,and financial frameworks and theories underpinning construction development and procurement.

Construction Economics – Development Appraisal

Learning Outcomes tested in this assessment (from the Module Descriptor):

Knowledge & Understanding:

• MLO1: Critically analyse the key strategic technical,legal,and financial frameworks and theories underpinning construction development and procurement.
• MLO2: Critically appraise and evaluate the tools and professional procedures used in the cost management of construction projects.
Intellectual / Professional skills & abilities:
• MLO3: Critically analyse information, identify solutions, demonstrate judgement, and communicate findings.
• MLO4: Apply appropriate professional practices to complex contemporary development scenarios at different stages of the procurement process.

Describe the factors causing inflation in 1990 and in today’s economy.

According to the Wall Street Journal, U.S. inflation hit a three-decade high in October, delivering widespread and sizable price increases to households for everything from groceries to cars due to persistent supply shortages and strong consumer demand. The Labor Department said the consumer-price index—which measures what consumers pay for goods and services—increased in October by 6.2% from a year ago. That was the fastest 12-month pace since 1990 and the fifth straight month of inflation above 5%.

Describe the factors causing inflation in 1990 and in today’s economy.

Based on your research, what impact does inflation have on global markets?

The paper should include the following:

Introduction, body( results, major points, supporting evidence) , conclusion
2 page minimum
Times New Roman, 12pt font

Draw a graph below to demonstrate the optimal (dynamically efficient) resource allocation.

Environmental Economics

Fossil Fuels

Q5 (10 marks)

Consider a simple two-period model of a nonrenewable resource, oil. The demand function and the marginal cost functions are assumed to be constant in the two periods, as shown below. Note that period 2 monetary values are expressed in present values (already discounted). Note that there are only 100 units of this resource available, to be consumed over the two periods.

5a. Draw a graph below to demonstrate the optimal (dynamically efficient) resource allocation.
(4 marks)

5b. According to a recent study, almost 60% of oil reserves must remain in the ground in order to keep global warming below 1.5˚C. Impose a policy instrument and modify the period 1 and period 2 graphs accordingly so that the resulting consumption of oil (Q1 + Q2) will be such that that 60% of the 100 units of the reserve available (i.e., 60 units) will remain under the ground, never to be consumed.

(Show how you modify these graphs here)

Then explain the reason behind your modification shown above. What is your policy proposal that can cause the change, as demonstrated above?
(4 marks)

 

 

 

 

 

 

Describe the distinctive resources and capabilities that your firm has; and how those capabilities are leveraged to fit its strategic position in the industry.

Jackson Hewitt Tax Services Positioning Paper

Explain how your current (or previous) firm (or organization) is positioned to compete against its rivals: Cost or benefit leader? Broad or narrow focus? Describe the distinctive resources and capabilities that your firm has; and how those capabilities are leveraged to fit its strategic position in the industry. Be sure to contextualize the industry in which your firm competes. What is the market concentration or industry structure? Who are the buyers; sellers; suppliers; rivals; potential entrants; firms producing substitutes? What forces are particularly strong and how does your firm’s positioning weaken these forces? Discuss whether your firm can sustain its competitive advantage. Which of the isolating mechanisms (i.e., impediments to imitation or early-mover advantages) will be key to its long-run profitability?

Explain how currencies of different nations are exchanged when international transactions take place.

Course: Principles of Microeconomics

Module 8: International Economics

Goals

After completing this module, you will be able to do the following:

⦁ List and discuss several key facts about international trade.
⦁ Define comparative advantage, and demonstrate how specialization and trade add to a nation’s output.
⦁ Describe how differences between world prices and domestic prices prompt exports and imports.
⦁ Analyze the economic effects of tariffs and quotas.
⦁ Analyze the validity of the most frequently presented arguments for protectionism.
⦁ Identify and explain the objectives of GATT, WTO, EU, Eurozone, and NAFTA, and discuss off shoring and trade adjustment assistance.
⦁ Explain how currencies of different nations are exchanged when international transactions take place.
⦁ Analyze the balance sheet the United States uses to account for the international payments it makes and receives.
⦁ Discuss how exchange rates are determined in currency markets that have flexible exchange rates.
⦁ Describe the difference between flexible exchange rates and fixed exchange rates.
⦁ Explain the current system of managed floating exchange rates.
⦁ Identify the causes and consequences of recent U. S. trade deficits.
⦁ Describe how the World Bank distinguishes between industrially advanced countries (high-income nations) and developing countries (middle-income and low-income nations).
⦁ List some of the obstacles to economic development.
⦁ Explain the vicious circle of poverty that afflicts low-income nations.
⦁ Discuss the role of government in promoting economic development within low-income nations.
⦁ Describe how industrial nations attempt to aid low-income countries.