How does crime rate affect housing prices?
How does crime rate affect housing prices?
Is it too simple to say that Marx’s key insight was that inequality crucially influences the growth of an economy?
Is it too simple to say that Marx’s key insight was that inequality crucially influences the growth of an economy?
What are your views on the debt levels of Jet?Were they particularly high or low?Were they one of main contributor to the cost of operation for Jet?
Market Power of the Indian Civil Aviation Market
Methodology
Primary Data
Questionnaire for Jet Airways Official
What do you think are the possible reasons behind the decrease in the profitability and market share of Jet Airways?
How did the entry of LCC’s in 2005 affect the aviation sector?
Do you think that the entry of LCC’s affected the market share of Jet Airways?
Do you think Jet was able to differentiate its services as a full service carrier as compared to the LCC’s?
Data shows that the aviation tax and hence the aviation fuel price in India is higher as compared to other countries. To what extent, do you think, does this affect the profitability of Indian aviation firms?
The dollar has appreciated consistently versus the Indian Rupee, which is another contributor to the higher fuel prices. To what extent, do you think, does this affect the profitability of Indian aviation firms?
Some experts say that the acquisition of Air Sahara by Jet was at a price that was higher than the price justified? What are your views on the same?
What are your views on the debt levels of Jet?Were they particularly high or low?Were they one of main contributor to the cost of operation for Jet?
According to you, what were the three most important things that caused the shutting down of Jet?
Discuss How Limited Edition products and scarcity affect consumer behavior.
Discuss How Limited Edition products and scarcity affect consumer behavior
Topic: How Limited Edition products and scarcity affect consumer behavior.
Write a 2500 word write-up. Should include at least 8 scholarly articles (journals, book chapters, etc.) and 5 popular media articles (newspaper, magazine articles, etc.). Should include in-text citations as well as a reference list. Citation style must be as per APA style.
Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development?
Based on the assigned readings, what is your understanding of perfect competition and monopoly? What the main characteristic of each market structure?
After evaluating the characteristic of perfect competition and monopoly, which market structure do you believe is close to the hotel industry in the U.S.?
Address each of the following based on your knowledge of how firms operate in different markets:
Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development? What kinds of costs are involved in making a decision to shut down? – your textbook identifies a specific rule a business needs to follow top make a shutdown decision.
In your post consider using the concepts: Total Cost, Fixed Cost, Variable Cost, Average Cost, Average Variable Cost, Average Fixed Cost, Marginal Cost, Economic profit, Economic loss, Shutdown point.
ONLY SITE FROM THE BOOK ATTACHMENTS PROVIDED. NO OTHER OUTSIDE SOURCES
Distinguish between private goods and public goods and relate them to the free rider problem and the role of government.
MARKET FAILURE
L E A R N I N G O B J E C T I V E S
1. Explain what is meant by market failure and the conditions that may lead to it.
2. Distinguish between private goods and public goods and relate them to the free rider problem
and the role of government.
3. Explain the concepts of external costs and benefits and the role of government intervention
when they are present.
4. Explain why a common property resource is unlikely to be allocated efficiently in the
marketplace
Explain the concept of the production possibilities curve and understand the implications of its downward slope and bowed-out shape.
THE PRODUCTION POSSIBILITIES CURVE
L E A R N I N G O B J E C T I V E S
1. Explain the concept of the production possibilities curve and understand the implications of its
downward slope and bowed-out shape.
2. Use the production possibilities model to distinguish between full employment and situations
of idle factors of production and between efficient and inefficient production.
3. Understand specialization and its relationship to the production possibilities model and com-
parative advantage.
Explain how economists test hypotheses,develop economic theories, and use models in their analyses.
THE ECONOMISTS’ TOOL KIT
L E A R N I N G O B J E C T I V E S
1. Explain how economists test hypotheses,develop economic theories, and use models in their analyses.
2. Explain how the all-other-things unchanged (ceteris paribus) problem and the fallacy of false cause affect the testing of economic hypotheses and how economists try to overcome these
problems.
3. Distinguish between normative and positive statements.
Distinguish between microeconomics and macroeconomics.
THE FIELD OF ECONOMICS
L E A R N I N G O B J E C T I V E S
1. Explain the distinguishing characteristics of the economic way of thinking.
2. Distinguish between microeconomics and macroeconomics.
Explain the concepts of scarcity and opportunity cost and how they relate to the definition of economics.
DEFINING ECONOMICS
L E A R N I N G O B J E C T I V E S
1. Define economics.
2. Explain the concepts of scarcity and opportunity cost and how they relate to the definition of economics.
3. Understand the three fundamental economic questions: What should be produced? How should goods and services be produced? For whom should goods and services be produced?