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There is a single case project worth 15% of your total grade. This is due on Tuesday of week 3 at midnight EST.  Assume you have been asked by an economic consulting firm to analyze an issue and recommended a position on the issue. Select a news article dated within the previous two months, and […]

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Assignment 1: Deficit SpendingDuring the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections. On the other hand, with the rise in unemployment, spending on safety net programs rise. So, there are not too many good options available to resort the health of the […]

1. Give an example of good or service that to you has Price Elasticity of DEMAND of a) elastic, b) inelastic c) unit elastic. Describe how an increase in price of each product would impact your Qd of that good/service. 2. Give an example of a perfectly competitive product/industry.  If you were in that business, […]

Specifically, find recent data for per capita GDP and government debt-to-GDP ratio. Based on the data collected, do you think that debt is a problem faced by economically advanced countries, undeveloped countries, or both? Justify your answer. The United States government has a 100% repayment rate—it has always repaid its debt. Given what we know […]

Choosing the source of your data helps to ensure adequate transitions from data to information to knowledge. To prepare: Review the data sets (attached). Select one of the two data sets provided in this week’s Learning Resources for your Scholar-Practitioner Project After reviewing the data set, select the research topic of your project Find at […]

Is farming perfectly competitive? Consider whether the US farming industry is perfectly competitive. Go to the US Department of Agriculture’s Economic Research Service website (http://www.ers.usda.gov/Emphases/Competitive/ (Links to an external site.)),  consider the information in the articles on family farms. Does farming in the US have the characteristics of perfect competition? Discuss and use examples to support your […]

This assignment will allow you to reflect on the economic inequality and poverty is measured in the United State. Read the report on the 2013 profile of the working poor for additional insight and understanding of the topic. Who are the poor in the United States? Justify your answer with source(s) other than the 2015 […]

nstructions: Assume you are given the task of developing retail packaging for a new product. The product and package will be produced in a small town in China and then shipped and sold in the United States.  The product will be small runs at first and the package will be a folding carton with a three […]

Procurement Outsourcing (PO) Strategies: PO strategies at the highest level involve either materials or traditional business processes such as HR, IT, Finance, Accounting, Travel/Entertainment services, Marketing/Print/Advertising, or Customer Relationship Management (CRM).  Your task here is to choose a public business organization and report on what direct materials are being outsourced.  Direct materials are categorized as strategic […]