Describe how to use a generalised cash flow model to represent financial transactions of simple financial instruments.

ACST2002 Mathematics of Finance

• Describe the aims and stages of data analysis and its desired reproducibility.
• Describe why and how models are used as well as the benefits and limitations of actuarial modelling.
• Describe how to use a generalised cash flow model to represent financial transactions of simple financial instruments.
• Define the accumulated amount under the operations of simple interest and compound interest.
• Define the effective rate of interest for a given period and derive the equivalent effective rate of interest for another period.
• Define the present value and future value of a sequence of cash flows using a compound interest model.
• Describe the relationship between rate of interest and rate of discount and also their conceptual differences.

Explain the initial impact of this government spending on household expenditure and investment, including how this will ultimately affect inflation and unemployment in NZ.

Monetary Policy and Exchange Rates

Part A Question:

Using the AS/AD model, explain the effect of the increase in interest rates on aggregate demand, aggregate supply, price levels and economic growth.

Explain the initial impact of this government spending on household expenditure and investment, including how this will ultimately affect inflation and unemployment in NZ.

Discuss the econometric problems that prevent the identification of the causal effect of interest in a simple OLS framework.

Economics of Crime

Can changes in sentence severity affect crime rates? Justify your answer. Discuss the econometric problems that prevent the identification of the causal effect of interest in a simple OLS framework.

Outline the empirical strategies used to tackle these econometric problems. Critically discuss the identification strategies and the findings of the related studies presented during the module. Draw conclusions in your answer on whether, how, and to what extent, changes in sentence severity can affect criminal activity.

Should he rent more ovens and hire fewer workers or rent fewer ovens and hire more workers to increase productivity and lower costs of production? Explain.

Production and Cost Minimizing Output

In this assignment, you will analyze fixed and variable costs of a small business. You will also evaluate optimal quantity of output that minimizes costs and maximizes profits.

In this assignment, you will be assessed on the following Outcome:
Demonstrate college–level communication through the composition of original materials in Standard English.
Before answering the following questions, review the Checklist. Then, in a separate Word document, compose a 1–2-page paper consisting of a 450-500-word expository research essay answering the following questions, including computations, based on the rule for minimizing costs of production in regard to a small business plan to minimize costs in order to increase productivity and maximize profits.
1. Pat’s Pizza Restaurant owner incurs various economic costs of production. Explain whether each of the following is an explicit cost or an implicit cost. Which of the two costs should Pat minimize to maximize his account profit?
1.
a. Payments for rented manufacturing equipment.
b. A firm’s use of a warehouse that it owns and could rent to another firm.
c. Wages paid to the firm’s workers.

d. The wages the firm’s owner could earn if he/she worked for another company.
2. Consider the following information in the table for Pat’s Pizza Restaurant and answer the questions below by using the cost minimization rule that takes into account the marginal product per dollar of inputs of production.
Item Cost.

What spatial planning instruments may help address the coordination challenge? How may a more regulatory or liberal planning regime affect the coordination?

Coordinating employment, housing and infrastructure development

Coordinating employment, housing and infrastructure development – which one comes first? You may also consider the following aspects:
• Despite the land-use and transport interaction framework, why the coordination remains difficult in practice?
• Discuss the interdependences among the three processes.
• What spatial planning instruments may help address the coordination challenge?
• How may a more regulatory or liberal planning regime affect the coordination?
• SEE ATTACHED PDF
1. Key Readings
1. National Infrastructure Commission INFRASTRUCTURE TO SUPPORT HOUSING.
2. ARUP  London’s strategic infrastructure requirements – an evidence base to help deliver the Mayoral strategies .
3. University of Cambridge article: How to tend an economic bonfire

What caused Guendelsberger’s experiences at Amazon to be miserable and dehumanizing? Be specific. What policies did management undertake to make the job dehumanizing?

On The Clock Essay

This module focused on the nature of work under capitalism – how it has changed over time and how it exists today. The readings chose focused on stuggles between the working class and the capitalist class over wages, and just as importantly, over the conditions of work. In the Introduction to “On The Clock”, Guendelsberger writes: “Nearly everyone with influence in this country, regardless of political affiliation, is incredibly insulated from how miserable and dehumanizing the daily experience of work has gotten…”
Essay questions:
What caused Guendelsberger’s experiences at Amazon to be miserable and dehumanizing? Be specific. What policies did management undertake to make the job dehumanizing? What comparisons can you make with the experience of puddling that Harding describes in Life in the Iron Mills? Do you think care labor is subject to the same kind of dehumanization? Why or why not?

Summarize the two economic issues and document why it is considered an issue.

You have just completed your seven-year term as the chief economic policy advisor responsible for managing the economy of our country You are expected to create a report for the incoming administration. In this outgoing report, you will select what you consider to be the most important macroeconomic issues facing our country and policies to address them.

1. Summarize the two economic issues and document why it is considered an issue.

2. Use up-to-date DATA to illustrate issue. Data should be displayed w/ single decimal place.
3. Use critical thinking to analyze the issue using economic concepts and theory learned in our
class
4. Present two policy recommendations based on this issue
5. Use additional references to back up your arguments
6. Include at least one graph developed in the course to illustrate the impact on economy of your recommendation to address the issue.
Supporting charts and tables are also encouraged.
7. Use clear and effective writing in your presentation.

Possible concepts include :

• Addressing consequences of Covid-19
• Economic growth/expansion
• Taxation
• Government spending
• Labor market, wages, and income inequality
• Poverty and public policy
• International trade