Economic Guide Questions

Type your answers below the empty space provided (you may use more space of course) using BLUE in CALIBRI FONT: Then upload on designated portal on our course Bb on the date indicated.
Note we have two different due dates for submission.
 
These three readings all relate to economic growth-pollution relationship, but from a macroeconomic standpoint. This is how the readings and labs are related to each other and to other modules:  
 

  1. The first HW due on this topic is for Pugel and Dasgupta together. Pugel reading (pages 284-288) provides the background on the relationship between economic growth and pollution, the components of those relationships, the shape of the traditional EKC and what it means. Dasgupta discusses the how the shape of the EKC can be different from the traditional EKC and the interventions needed to modify the shape. Note that these interventions relate to different types of regulations/interventions that we have discussed (standards, taxes, permits, VIBAs)

 

  1. For EKC Lab 1: we will be estimating the turning point of the EKC: i.e., what level of GDP per capita will EKC start to slope down. The second HW due will be the Excel file that you did to re-create EKC Lab 1 results.

 

  1. The third HW due date is for Cole which extends the EKC to incorporate trade. It is this inclusion of trade variables that will allow us to relate the EKC (the composition effect – see Pugel reading below) to pollution haven hypothesis (Dechezleprêtre and Sato reading). Note that the income effect (see below) is what relates EKC to regulation which is the topic in an earlier module). Note that Cole explains how inclusion of trade variables will affect the turning point of the EKC. Once again, our modules and concepts therein are inter-related and their linkages will get clearer as we go along. 

 

  1. For EKC Lab 2: we will be analyzing whether the coefficients of the trade variables are as expected based from Cole, and estimate whether the turning point of the EKC in models with trade variables will behave as they did in the Cole paper. The fourth HW due date will be the Excel file that you did to re-create this EKC Lab 2 results.

 
Before you get started on the readings watch these:
https://www.youtube.com/watch?v=v-USvMNPNKM
https://www.youtube.com/watch?v=RXw_X9L_4TQ

Economic Guide Questions

Type your answers below the empty space provided (you may use more space of course) using BLUE in CALIBRI FONT: Then upload on designated portal on our course Bb on the date indicated.
Note we have two different due dates for submission.
 
These three readings all relate to economic growth-pollution relationship, but from a macroeconomic standpoint. This is how the readings and labs are related to each other and to other modules:  
 

  1. The first HW due on this topic is for Pugel and Dasgupta together. Pugel reading (pages 284-288) provides the background on the relationship between economic growth and pollution, the components of those relationships, the shape of the traditional EKC and what it means. Dasgupta discusses the how the shape of the EKC can be different from the traditional EKC and the interventions needed to modify the shape. Note that these interventions relate to different types of regulations/interventions that we have discussed (standards, taxes, permits, VIBAs)

 

  1. For EKC Lab 1: we will be estimating the turning point of the EKC: i.e., what level of GDP per capita will EKC start to slope down. The second HW due will be the Excel file that you did to re-create EKC Lab 1 results.

 

  1. The third HW due date is for Cole which extends the EKC to incorporate trade. It is this inclusion of trade variables that will allow us to relate the EKC (the composition effect – see Pugel reading below) to pollution haven hypothesis (Dechezleprêtre and Sato reading). Note that the income effect (see below) is what relates EKC to regulation which is the topic in an earlier module). Note that Cole explains how inclusion of trade variables will affect the turning point of the EKC. Once again, our modules and concepts therein are inter-related and their linkages will get clearer as we go along. 

 

  1. For EKC Lab 2: we will be analyzing whether the coefficients of the trade variables are as expected based from Cole, and estimate whether the turning point of the EKC in models with trade variables will behave as they did in the Cole paper. The fourth HW due date will be the Excel file that you did to re-create this EKC Lab 2 results.

 
Before you get started on the readings watch these:
https://www.youtube.com/watch?v=v-USvMNPNKM
https://www.youtube.com/watch?v=RXw_X9L_4TQ

Managerial Economics

Managerial Economics
Read the two articles below that discuss why fuel prices fluctuate. Research two of these types further.
2. Locate two JOURNAL articles which discuss this topic further. You need to focus on the Abstract, Introduction, Results, and Conclusion. For our purposes, you are not expected to fully understand the Data and Methodology.
3. Summarize these journal articles. in 1000 Words

Economics: Public Policy Issue Assignment (22-25 Pages)

Public Policy Issue Assignment 
Public policy issue ex) minimum wage laws
Guide line:
1. (1-2pg) of Intro to the nature of the policy issue being discussed and a very clear thesis
2. (2-3pg) relevant philosophical constitutional issues that surround the issue must be outlined
3. (2-3 pg) Economic logic of the case should be presented concisely
4. Literature review of the economic studies that relate to the policy issues should be examined
for their empirical findings( 3-4 pg studies reviewed, 6-7pg of analysis)
5.(1-2pg) conclusion summarizing suggestions for policy improvement is needed
6. reference page
https://www.sgi-network.org/2017/United_States/Economic_Policies
https://www.everycrsreport.com/reports/RL33534.html
https://www.universalclass.com/articles/business/understanding-the-us-economic-policy.htm
https://www.worldscientific.com/worldscinet/cepr
https://www.foreignaffairs.com/articles/1985-06-01/american-economic-policy-and-world-economy

Economics: Public Policy Issue Assignment (22-25 Pages)

Public Policy Issue Assignment 
Public policy issue ex) minimum wage laws
Guide line:
1. (1-2pg) of Intro to the nature of the policy issue being discussed and a very clear thesis
2. (2-3pg) relevant philosophical constitutional issues that surround the issue must be outlined
3. (2-3 pg) Economic logic of the case should be presented concisely
4. Literature review of the economic studies that relate to the policy issues should be examined
for their empirical findings( 3-4 pg studies reviewed, 6-7pg of analysis)
5.(1-2pg) conclusion summarizing suggestions for policy improvement is needed
6. reference page
https://www.sgi-network.org/2017/United_States/Economic_Policies
https://www.everycrsreport.com/reports/RL33534.html
https://www.universalclass.com/articles/business/understanding-the-us-economic-policy.htm
https://www.worldscientific.com/worldscinet/cepr
https://www.foreignaffairs.com/articles/1985-06-01/american-economic-policy-and-world-economy

Microeconomics (Questions & Answers)

Please answer the following questions: 

  1. Discuss the factors which influence the demand and supply of any good or service.

50 Marks

  1. Comment on the characteristics of perfect competition and monopoly. Which market structure is more efficient?  Justify your answer.

50 Marks
Instructions:
Please answer both questions, both questions carry equal marks.
Type your answers in double line spacing and start each question on a new page.
500 – 750 words per question.
Provide references with your answer.
 
https://bizfluent.com/info-8132502-factors-affect-supply-demand.html
https://www.khanacademy.org/economics-finance-domain/microeconomics/supply-demand-equilibrium/supply-curve-tutorial/a/what-factors-change-supply
https://www.khanacademy.org/economics-finance-domain/microeconomics/supply-demand-equilibrium/demand-curve-tutorial/a/what-factors-change-demand
http://www.economicsdiscussion.net/supply/8-factors-that-influence-the-supply-of-a-product/3369
 
https://www.thebalance.com/five-determinants-of-demand-with-examples-and-formula-3305706

Microeconomics (Questions & Answers)

Please answer the following questions: 

  1. Discuss the factors which influence the demand and supply of any good or service.

50 Marks

  1. Comment on the characteristics of perfect competition and monopoly. Which market structure is more efficient?  Justify your answer.

50 Marks
Instructions:
Please answer both questions, both questions carry equal marks.
Type your answers in double line spacing and start each question on a new page.
500 – 750 words per question.
Provide references with your answer.
 
https://bizfluent.com/info-8132502-factors-affect-supply-demand.html
https://www.khanacademy.org/economics-finance-domain/microeconomics/supply-demand-equilibrium/supply-curve-tutorial/a/what-factors-change-supply
https://www.khanacademy.org/economics-finance-domain/microeconomics/supply-demand-equilibrium/demand-curve-tutorial/a/what-factors-change-demand
http://www.economicsdiscussion.net/supply/8-factors-that-influence-the-supply-of-a-product/3369
 
https://www.thebalance.com/five-determinants-of-demand-with-examples-and-formula-3305706

Microeconomics Research

The paper shall be at least 10 pages.  The font will be no larger than 12 pt.
Did you know that in the sunshine state of Florida a private person cannot own solar cells, produce energy, and sell it back to their electric utility company at a rate greater than what he or she consumes in his or her household? What has happened? What are solar panels? Present to the class what obstacles a person who wants to have a solar farm on his or her property might encounter. Explain what role government is having in this industry. Explain in economic terms what an increase in solar farms would have on the price of energy. Explain what private industry is doing to keep the price of energy higher than its equilibrium. How would deregulation affect the electrical utility industry and thus solar panels?

Global Economics

Instructions 
Read the case, then answer the questions
1. What are the highlights of each element of the TPP as described in the case?
2. What were the SPECIFIC objections by the U.S. in EACH of these areas, if any?
3. Overall, IN GENERAL, what were the objections of the U.S.?
4. Researching current/recent news NOT SIMPLY RELYING ON THE CASE ITSELF): What is
the current status of the TPP? Who’s doing what? What is China doing?

Economic Analysis of the Causes and Policy Solutions to a Public Policy Issue

Instructions
Write a 7 to 10-page paper containing an economic analysis of the causes and policy solutions to a public policy issue. Ensure that you follow the guidelines provided both below and in class.
You will be graded on the aspects below (Note that I have already discussed what I expect from you the aspects that I do not elaborate greatly):
Title page (1 point)
Title (and Sub-title, if you want):
The title page should include a title.
Make sure the title is informative. It should capture the gist of your proposal and, it should be as direct as possible.
For example, if you want to propose that government provides free meals in order to improve student attendance in Indiana’s high schools,
“Education policy in Indiana” is not a good title.
“A policy proposal for improving student attendance in Indiana’s high schools” is a better title.
Better still, you can have a title and sub-title. For example:
“Improving student attendance in Indiana’s high schools: A case for government provision of free meals”
A picture/Image:
The title page should also include a picture/image.
Find an image that best captures the key aspects of your proposal.
The image should speak to me in a way that lets me understand the proposal.
The proposal writer and the person being addressed
Write your name– as the proposal writer– and give yourself a title. The title you give yourself should fit the proposal. In other words, the proposal should reflect the capacity and interests of the office/title you give yourself.
For example, if your title, is “Chairperson of the Democratic Party (USA)”, I don’t expect you to write a proposal that advocates for illegalizing gay marriage.
Also, write the name and the title of the person/office you are addressing. Think about this seriously. For example, if you want to write a proposal that addresses climate change internationally, ensure that you are not directing it to the Mayor of Bloomington (IN) since his office cannot address an international issue.
Summary/Abstract/Executive Summary
The summary should capture the essential aspects of the rest of the paper. It should be written as concisely and precisely are possible.
The summary should contain NO citations.
You should take it as a given that if your summary is not written well, or if it is confusing, the reader will get the impression that the entire proposal is not good.
The issue == (3 points)
Specify the issue and convince the audience that it is worth addressing.
Here, graphical information that illustrates the magnitude of the issue is usually great.
Also, highlighting the secondary issues that arise from this issue is great.
Provide references where necessary.
The cause(s) == (3 points)
Here, describing several causes and specifying one of the them as the main cause is critical.
Remember, the main cause guides the way you write the rest of the proposal.
Ensure to economically model as many relationships between issue and causes as possible.
Ensure to provide some empirical evidence to support those relationship. Ideally, it should also be well cited.
Current policies == (3 points)
Specify the existing policy(ies) for addressing the issue.
Ensure to economically model the ways in which current policies address the issue.
Alternative policies == (3 points)
***Clearly specify all alternative policy options. The more of these, the better.
Ideally, for alternative policy options, you can give examples of geographical contexts where they have worked or failed to work.
Ensure to economically model the ways in which current policies address the issue.
Provide references where necessary.
Writing (1 point)
***You are expected to write concisely and precisely
References & Footnotes (1 point)
Use the APA citation formation
Ensure that you have citations well-placed where they are needed. And, organize the references at the back of the proposal.
You can have footnotes [additional notes to supplement what you are saying in the main text], but don’t put in the footnotes the references for material (in the main text)
Organizing the illustrations
Use the format below to organize your tables and figures. If you do not use this format, I will just assume that you do not have any graphical illustrations (Examples that illustrate this format are available on Canvas/Files/Proposal Material).
1st I create a table (let’s say with two rows and one column.
2nd I insert the picture in one of the rows, and use the other row for the caption.
3rd I select the table, right click the mouse and select “table properties”
4th in the “rows” pane you have to unselect the box that allows the table to break (I think that is the first box) and select the second box.