Demonstrate an appreciation of the impact of government policy on the development process.

• Choose a development issue affecting your country and analyse, evaluate and recommend policies to address the development issu.

• The policy briefing report will assess the student’s ability to make sound policy recommendations supported by evidence and economic analysis and to demonstrate an appreciation of the impact of government policy on the development process.

• A workshop will be dedicated to preparing a briefing policy paper.

Discuss how drug use was presented was its use consistent with how it was presented in class? was it presented positively or negatively?Explain.

Blow (DRUG RELATED THEMES)

A) Your name, name of the film, summarize plot of movie .
B) Discuss how drug use was involved in the plot .
C) Discuss how drug use was presented was its use consistent with how it was presented in class? was it presented positively or negatively? was it realistic, i.e., withdrawal effects, psychological, social, and economic features.
D) Discuss how the drug use impacts relationships with others .
E) Opinion of the film .

Does the average cost (AC) increase with output level? Show your work. Is the marginal cost (MC) greater than the average cost? Show your work.

Firm’s cost function shows the relationship between total cost (C) and output (Q).
Derive the cost function by minimizing C = 2K + 10L subject to a production function of Q = K0.5L0.3.
Does the average cost (AC) increase with output level? Show your work.
Is the marginal cost (MC) greater than the average cost? Show your work.

2. Suppose that a consumer has a Cobb-Douglas utility function U(X,Y)=100X0.4Y0.8 , where X and Y are quantities of goods X and Y consumed, with a budget constraint of PxX + PyY = M, where Px, Py, and M are the price of X, price of Y, and income, respectively.
Determine the demand functions of goods X and Y,
Write out the indirect utility function, V,
Prove that λ = ∂V/∂M.

3. Given an demand function P = 485 – 5Q and the marginal cost curve
MC = 5 – Q + Q2.
Determine the social optimal price and quantity.
Find consumer and producer surpluses under the social optimal condition.
Determine the monopolistic price and quantity.
Find consumer and producer surpluses under the monopoly condition.
What is the dead weight loss caused by monopoly?

Analyze what would happen to the equilibrium price and quantity in the market for Pepsi if the following occurred. Briefly explain your answers.

In this assignment, you will examine different factors that affect supply and demand, and also supply and demand equations to calculate the equilibrium price and quantity. In addition, you will evaluate the effects of imposing per unit tax on market price, quantity and economic welfare.

Instructions: This assignment requires a combination of short paragraph answers and computations. You are required to follow proper APA format. Read the Criteria section below for more information before you begin this assignment.
1. Analyze what would happen to the equilibrium price and quantity in the market for Pepsi if the following occurred. Briefly explain your answers.
1.

a. The price of Coke decreases.

b. Average household income falls from $50,000 to $43,000.

c. There are improvements in soft-drink bottling technology.

d. The price of sugar increases and the Pepsi launches an extremely successful advertising campaign.

2. Analyze the following demand and supply equations to answer the questions.

Demand Equation: Qd = 100 – 4P

Supply Equation: Qs = 10 + 6P
1.
a. What is the equilibrium price? What is the equilibrium quantity?
Hint: Equate Qd = Qs. Solve for the equilibrium price and then the quantity.
b. Assume the government places a price ceiling at $7 in the market. What is quantity demanded? What is quantity supplied? Is there a shortage or a surplus?
3. Using the diagram below, answer the following questions:
The following diagram shows the effects of tax increase on price and quantity of cigarettes. The initial equilibrium values before tax increase occurs at the equilibrium Quantity of 20 billion packs of cigarettes at the equilibrium price of $4.50. Assume the government increases the tax rate on cigarettes per pack, and this action of the government shifts the supply curve to the left. The new equilibrium values after tax increase are new equilibrium Quantity of 18 billion packs of cigarettes at the new equilibrium price of $5.50. Note also that the minimum producers’ price along supply graph at new equilibrium after tax increase is $4.25 per pack of cigarettes.)

1.

a. How much is the per-unit (pack) tax on cigarettes? Show your wo325rk.

b. What price do consumers pay after the tax?

c. How much tax revenue is collected? Show your work.

d. What is the amount of deadweight loss after the tax is imposed on cigarettes? Show your work.

Criteria

• This assignment should be completed in the Word template provided under Course Documents.

• It should be written in Standard English and demonstrate exceptional content, organization, style, and grammar and mechanics.

• Respond to the questions in a thorough manner, providing specific examples where asked.

• Add references in APA format as a separate page at the end of your paper.

• Your sources and content should follow proper APA format (A title page is not required).

Describe what is your view of the imposition of carbon tax will affect the Singapore economy in the next 5-10 years time, especially on Foreign Direct Investment and Inflation.

View of the imposition of carbon tax will affect the Singapore economy in the next 5-10 years time, especially on Foreign Direct Investment and Inflation.

Read the following article on “Outcome of carbon tax review to be announced at Budget 2022”

Describe what is your view of the imposition of carbon tax will affect the Singapore economy in the next 5-10 years time, especially on Foreign Direct Investment and Inflation.

Discuss the change in price level and real GDP based on the events occurring in the scenario.

Choose three from four available tasks below, and write an economic report using at least 200 words for each task. The essay will be graded based on the grade rubric which you can find in week 8 learning activities. Make sure you provide biblical perspectives in your report.

Suppose you are a junior macroeconomists working for an economic consulting firm in California. Recently you are assigned to tasks with four important economic issues.

Categorize the following groups of people by different types of unemployment and report it to the BLS in a month. The document you receive has the following information:
“There are 330,000 people reside in Riverside. Among them, 40% of the population is civilian labor force. The 15% of civilian lost their jobs because their job skills are not required any longer. 30% of civilian workers are unemployed because the economy is busted. 55% of remaining civilian workers are actively looking for jobs.”
Classify civilian labor force in Riverside into one of the following unemployment types: structural, cyclical, and frictional unemployment and explain why
Calculate how many of civilian labor force in Riverside would fall into each type of unemployment

You were notified by researchers from the BEA that a recent growth in consumer’s confidence index decreased by 20%, while recent technological breakthrough in medical and cell phone industries led to a cost savings and an increased productivity across the nation.
Discuss the change in price level and real GDP based on the events occurring in the scenario.

How should Ashdown manage the risk arising out of this contract? Discuss and evaluate at least three choices. What is your recommended strategy? Give reasons for your answer.

A trader, who is considering uncovered interest arbitrage between the US dollar  and Australian dollar , faces the following data:
Funds available: 2 million USD
Spot exchange rate: 0.94 AUD per USD
Spot exchange rate one year ago: 1.00 AUD per USD
USD 3-month interest rate: 0.12% per annum

AUD 3-month interest rate: 4.69% per annum

Required

(1) Calculate the profit that would be made if the exchange rate remains at its current level in three months’ time;

(2) How would the profit figure change if the Australian dollar continues to strengthen at the same rate as it has done over the previous year?

Max 200 words; 15 mark

Question 2

You are the financial manager of Ashdown plc: a US company which has just signed a contract for the sale of a computer system in the UK for £3,000,000 in a year’s time. You have collected the following data relevant to this project

Spot exchange rate: $1.2 = £1

One year forward exchange rate $1.4 = £1

UK one year interest rate 8%

US one year interest rate 10%

Price of a put option for £3,000,000 at an exercise price of $1.3 per pound: £400,000

Required:

(1) How should Ashdown manage the risk arising out of this contract? Discuss and evaluate at least three choices. What is your recommended strategy? Give reasons for your answer. Your answer needs to include all calculations.

(2) In what ways does the exposure faced by Ashdown here differ from other kinds of exposure and what is the impact of this difference on the risk management strategy you have recommended?

How does joining a gym with a monthly membership  change the situation?

Behavioural economics

Explain what the ‘ultimatum game’ and the ‘trust game’ are, and what the commonly observed choices in these games imply about behaviour using the language of

A2. The cost of going to the gym is comprised of a monetary cost of 7 and a psychological cost, the monetary equivalent of which is 8. The benefit from going to the gym – which is enjoyed the period after going to the gym – is 20. Suppose that Sarah has preferences with and . Show that Sarah will plan to go to the gym but when the time comes won’t go. How does joining a gym with a monthly membership  change the situation?

A3. In the context of a ‘p-beauty contest’, briefly describe how a level-k model of non-equilibrium strategic thinking works to explain the commonly-observed pattern of behaviour in such games.

A4. Harry is in secondary school. He typically has slightly below average academic attainment but usually works hard. His class has been separated into three groups according to ability: low; medium; and high. Harry has been allocated to the low group. His teacher has noticed that he is working less hard in class and has started to fall behind. As a response, she moves him to the middle ability group. Use the ideas of reference dependence, with reference points influenced by peer group, loss aversion and diminishing sensitivity to explain why this might be a good idea to improve Harry’s educational attainment .

Demonstrate your understanding of how supply and demand differ between monopolies and perfectly competitive markets and how these two markets determine the quantity supplied and market prices.

In this assignment, you will demonstrate your understanding of how supply and demand differ between monopolies and perfectly competitive markets and how these two markets determine the quantity supplied and market prices.

You will also provide explanations of how the price effect and the quantity effect cause marginal revenue to be different from the price. Finally, you will demonstrate your understanding of the impact of different government price regulations on monopolies.

Compute both the break-even price and the shutdown price for a hypothetical business in a perfectly competitive market.

Apply critical thinking to use principles of sound reasoning.

Assignment

In this assignment, you will define and calculate six major cost elements of a business when given the total costs and the quantity produced. You will then use the computed costs to determine a minimum cost output level for that business.

Next, you will compute both the break-even price and the shutdown price for a hypothetical business in a perfectly competitive market. Finally, you will determine if that business would incur an economic profit at various market prices and assess if the business should continue to produce at each of those price levels.