Category: Economics

Topic: How would the education sector change if governments were no longer involved?
Conclusion/main thesis: how would the quantity of education provided and quality change.

1. provide at least three economic models to explain(at least two graphs, and better with calculation)
potential options:
(i) externality, the relationship between social benefit and private benefit, spillover effect.
(ii) competition among schools and education providers(monopoly? monopolistic competition? segregation?)
(iii) How would people’s own choices change.

2. main sentence for each paragraph, and provide examples

3. At least 10 citation from different sources.

sample essay: https://www.johnlockeinstitute.com/2019-economics-essay-immigration

This essay should answer “What are the channels through which the Internet could impact international trade?” and be two pages (not including the reference list). It ought to be written in plain English without any equations, symbols, or tables.
Use the APA citation style and check that all the papers cited are in the reference list, and all the documents listed are cited in the essay.

A  3 page paper addressing the following….Must cite from at least 2 references

1 – What has been the impact of the Covid-19 pandemic on the travel industry?  The paper is to look at different aspects of the travel industry including hospitality and airlines. 

2 – What steps has the government taken to help and whether these steps have worked or not and the reason.

After reading the story on how Amazon will dominate the supply chain, which concept do you believe played the biggest role in their success: division of labor, specialization or economies of scale?  Explain your rationale.

https://medium.com/s/story/how-amazon-will-dominate-the-supply-chain-6727936d3ffc

Assignment 2: Demand-side Policies and the Great Recession of 2008

Macroeconomic analysis deals with the crucial issue of government involvement in the operation of “free market economy.” The Keynesian model suggests that it is the responsibility of the government to help to stabilize the economy. Stabilization policies (demand-side and supply-side policies) are undertaken by the federal government to counteract business cycle fluctuations and prevent high rates of unemployment and inflation. Demand side policies are government attempts to alter aggregate demand (AD) through using fiscal (cutting taxes and increasing government spending) or monetary policy (reducing interest rates). To shift the AD to the right, the government has to increase the government spending (the G-component of AD) causing consumer expenditures (the C-component of AD) to increase. Alternatively the Federal Reserve could cut interest rates reducing the cost of borrowing thereby encouraging consumer spending and investment borrowing. Both policies will lead to an increase in AD.

Develop an essay discussing the fiscal and the monetary policies adopted and implemented by the federal during the Great Recession and their impacts on the U.S. economy.Complete this essay in a Microsoft Word document, and in APA format. Note your submission will automatically be submitted through “TurnItIn” for plagiarism review. Please note that a minimum of 700 words for your essay is required.

Your paper should be structured as follows
1. Cover page with a running head
2. Introduction: What is the economic meaning of a recession?
A brief discussion of fiscal policies
A brief discussion of monetary policies
3. Conclusions: Discuss the extent to which the use of demand side policies (fiscal policy and monetary policy) during the Great Recession of 2008 has been successful in restoring economic growth and reducing unemployment
4.6 References

Please read the following articles, which are attached:

Upper Middle Class Sees Big Gains, Research Finds by John Zumbrun, The Wall Street Journal, June 21, 2016
Struggling Americans Once Sought Greener Pastures Now Theyre Stuck by Janet Adamy and Paul Overberg, The Wall Street Journal, August 2, 2017
American Life is Improving for the Lowest Paid by Madison and Merrillville, The Economist, May 16, 2019

According to the first article, new research shows that the U.S. economic recovery in the aftermath of the 2008-09 financial crisis and recession is not solely confined to the top 1% of income earners. Several studies indicate how the upper middle class has now swelled to a quarter of the overall U.S. population, and that the largest income inequality is between this group and everyone else.

An increasing inequality in income is reinforced by the second article. Yet, a more recent article from journalists for The Economist suggests a reversal with an optimistic picture for lower wage workers in the United States.

Think about how the economic recovery of the past eight years has affected households differently, depending on income levels. I would like you to discuss reasons for this rising income inequality and consider policy actions to address income inequality, while pointing out practical considerations.

The following questions are intended to guide your thoughts as you participate in this weeks forum discussion. You are not expected to explicitly answer the questions.

Give two definitions of upper middle class households.
What has happened to the upper middle class since the 2008-09 financial crisis and subsequent recession, according to Stephen Rose of the Urban Institute? What are two possible reasons for this change?
Has U.S. income inequality has been growing or shrinking since 2009? What pieces of evidence support your claims? Between which two groups appear the biggest income divide now in this country?
What policy action could help to lower income equality in this country? What are the potential down sides of such an action on the overall economy?