Category: Economics

This assignment is for week5, please use week5’s reading as the main source. However, it’s better to link other weeks’ reading.

Objective:
Reading responses track how students understand course content on an ongoing basis. This is space for students to demonstrate what they are learning during the semester. Students are welcome to ask questions that they would like to see answered in lecture. Responses are intended to demonstrate an understanding of the reading.

Evaluation:
Responses are worth 5%.
Evaluation will consider engagement with the reading
– This includes summarizing the article,
– Finding key concepts, and
– Adequately citing the article in the text of the response. 
Strong responses will demonstrate an understanding of the text and its relationship to the course goals.
Responses should be well presented following style guidelines described in the syllabus.

Requirements:
Students will submit short responses of 450 – 550 words that engage with the readings for that week.
Students must respond to one of the required readings, but may draw from other readings and weeks to support their response.
Responses should summarize the main points of the article and the central argument
Responses could address one or more of the questions below

Writing Prompts:
What is the author’s main argument?
What is the goal of paper?
What other articles are being cited?
How does this article attend to race, gender, class, or ability?
What questions guide the author?
What answers does the author provide?
What makes this research unique?
What theory or theories does the author use and why?
What methods does the author use, why did they choose these methods?

This assignment is for week5, please use week5’s reading as the main source. However, it’s better to link other weeks’ reading.

Objective:
Reading responses track how students understand course content on an ongoing basis. This is space for students to demonstrate what they are learning during the semester. Students are welcome to ask questions that they would like to see answered in lecture. Responses are intended to demonstrate an understanding of the reading.

Evaluation:
Responses are worth 5%.
Evaluation will consider engagement with the reading
– This includes summarizing the article,
– Finding key concepts, and
– Adequately citing the article in the text of the response. 
Strong responses will demonstrate an understanding of the text and its relationship to the course goals.
Responses should be well presented following style guidelines described in the syllabus.

Requirements:
Students will submit short responses of 450 – 550 words that engage with the readings for that week.
Students must respond to one of the required readings, but may draw from other readings and weeks to support their response.
Responses should summarize the main points of the article and the central argument
Responses could address one or more of the questions below

Writing Prompts:
What is the author’s main argument?
What is the goal of paper?
What other articles are being cited?
How does this article attend to race, gender, class, or ability?
What questions guide the author?
What answers does the author provide?
What makes this research unique?
What theory or theories does the author use and why?
What methods does the author use, why did they choose these methods?

This assignment is for week5, please use week5’s reading as the main source. However, it’s better to link other weeks’ reading.

Objective:
Reading responses track how students understand course content on an ongoing basis. This is space for students to demonstrate what they are learning during the semester. Students are welcome to ask questions that they would like to see answered in lecture. Responses are intended to demonstrate an understanding of the reading.

Evaluation:
Responses are worth 5%.
Evaluation will consider engagement with the reading
– This includes summarizing the article,
– Finding key concepts, and
– Adequately citing the article in the text of the response. 
Strong responses will demonstrate an understanding of the text and its relationship to the course goals.
Responses should be well presented following style guidelines described in the syllabus.

Requirements:
Students will submit short responses of 450 – 550 words that engage with the readings for that week.
Students must respond to one of the required readings, but may draw from other readings and weeks to support their response.
Responses should summarize the main points of the article and the central argument
Responses could address one or more of the questions below

Writing Prompts:
What is the author’s main argument?
What is the goal of paper?
What other articles are being cited?
How does this article attend to race, gender, class, or ability?
What questions guide the author?
What answers does the author provide?
What makes this research unique?
What theory or theories does the author use and why?
What methods does the author use, why did they choose these methods?

This assignment is for week5, please use week5’s reading as the main source. However, it’s better to link other weeks’ reading.

Objective:
Reading responses track how students understand course content on an ongoing basis. This is space for students to demonstrate what they are learning during the semester. Students are welcome to ask questions that they would like to see answered in lecture. Responses are intended to demonstrate an understanding of the reading.

Evaluation:
Responses are worth 5%.
Evaluation will consider engagement with the reading
– This includes summarizing the article,
– Finding key concepts, and
– Adequately citing the article in the text of the response. 
Strong responses will demonstrate an understanding of the text and its relationship to the course goals.
Responses should be well presented following style guidelines described in the syllabus.

Requirements:
Students will submit short responses of 450 – 550 words that engage with the readings for that week.
Students must respond to one of the required readings, but may draw from other readings and weeks to support their response.
Responses should summarize the main points of the article and the central argument
Responses could address one or more of the questions below

Writing Prompts:
What is the author’s main argument?
What is the goal of paper?
What other articles are being cited?
How does this article attend to race, gender, class, or ability?
What questions guide the author?
What answers does the author provide?
What makes this research unique?
What theory or theories does the author use and why?
What methods does the author use, why did they choose these methods?

This assignment is for week5, please use week5’s reading as the main source. However, it’s better to link other weeks’ reading.

Objective:
Reading responses track how students understand course content on an ongoing basis. This is space for students to demonstrate what they are learning during the semester. Students are welcome to ask questions that they would like to see answered in lecture. Responses are intended to demonstrate an understanding of the reading.

Evaluation:
Responses are worth 5%.
Evaluation will consider engagement with the reading
– This includes summarizing the article,
– Finding key concepts, and
– Adequately citing the article in the text of the response. 
Strong responses will demonstrate an understanding of the text and its relationship to the course goals.
Responses should be well presented following style guidelines described in the syllabus.

Requirements:
Students will submit short responses of 450 – 550 words that engage with the readings for that week.
Students must respond to one of the required readings, but may draw from other readings and weeks to support their response.
Responses should summarize the main points of the article and the central argument
Responses could address one or more of the questions below

Writing Prompts:
What is the author’s main argument?
What is the goal of paper?
What other articles are being cited?
How does this article attend to race, gender, class, or ability?
What questions guide the author?
What answers does the author provide?
What makes this research unique?
What theory or theories does the author use and why?
What methods does the author use, why did they choose these methods?

Paper Assignment Instructions Research on Consumer Demand [10 points]
Tasks:
Read the following paper:

Hausman, J.A. (1996). Valuation of New Goods under Perfect and Imperfect Competition. In T.F. Bresnahan & R.J. Gordon (Eds.), The Economics of New Goods, (1st ed., pp. 207-248). Chicago, IL: University of Chicago Press.

Write Essay
And write an essay that addresses the following,

Apply and describe the standard Utility Maximization Problem (UMP) to the market for breakfast cereals.  Identify the goal, endogenous (i.e. choice) variables, exogenous variables and the economically important solutions to the model. 
Summarize Hausman’s utility maximization process that gives the demand functions discussed in the paper (in section 5.3 of the paper).  How is this approach similar to the standard UMP?  How is it different from the standard UMP?
Summarize Hausman’s reasons as to why demand estimation is important.  What application is Hausman investigating and how will estimating demand help provide the answer? 
Summarize Hausman’s findings (in section 5.4 of the paper)
Additional Information:
The essay should have the following format,

1 page minimum (at least 250 words), 4 page maximum in length.  This excludes any bibliography and/or appendices.
Your writing should be from an economic perspective, not a political perspective. 
Please write your paper as an essay (i.e. do not number your paragraphs 1, 2, 3 and so on), have a title, put your name and date on the paper and indent paragraphs.
Follow APA style guidelines for all references and citations.
Microsoft Word Document (.docx or .doc), 12 point Times New Roman font, 1.5 line spacing and 1 inch margins.
Use the following file name: <your initials Demand Report.doc> or <your initials Demand Report.docx>

https://www.nber.org/chapters/c6068

PA1: Consumer Demand Rubric
PA1: Consumer Demand Rubric
Criteria    Ratings    Pts
This criterion is linked to a Learning OutcomeAnswers & Summary
Relevant answers to the reading and the task questions are easily identified and appropriately addressed. The paper concisely and accurately summarizes the reading without being vague.
4.0 pts
Full Marks
0.0 pts
No Marks
4.0 pts
This criterion is linked to a Learning OutcomeTheory
Economic theory is correctly discussed. Relevant answers to the theory-relevant task questions are easily identified and appropriately addressed.
4.0 pts
Full Marks
0.0 pts
No Marks
4.0 pts
This criterion is linked to a Learning OutcomeQuality & Timeliness
Paper is well-written (few typos, grammar mistakes) and submitted on time.
2.0 pts
Full Marks
0.0 pts
No Marks
2.0 pts
Total Points: 10.0

The current revenue of Barneys Broilers- a fast-food chain- is $750,000. To qualify for a loan to expand the operation, Barneys Broilerss revenue would need to be $50,000 higher. In developing a strategy to generate the additional revenue, the data on price (in cents) and quantity is collected. The data is contained in the file called Q18.xls available online at MyCourses. Use these data and log-linear demand specification to obtain the estimate of the demand for broiled chicken. Write an equation that summarizes the demand, and then determine the percentage price increase or decrease that is needed to boost revenue by $50,000.

please find the attached and answer the questions, essay shall be written as follow:
* Introduction
* explaining the consumption function and the effect of households income on consumption.
* highlight the steps taken by the federal government to stabilize the economy
* highlighted the concept of QE
* discussed the impact QE has on international economies with reference to the case of U.S. and China
* impact of QA on the countries reserves of foreign currencies
* the value of these reserves in the context of FOREX market model
* covered all the concepts of each question, and provided a detailed explanation of foreign exchange rate, fiscal and monetary policies and economic stability in a countrys economy
* Overall organization, appearance of answers, and the use of graphs in support of answers
* Conclusion

Guidelines for Book Review:

A full book review may concern only one book. Its length is about 1500-2000 words. It should give readers an engaging, informative, and critical discussion of the work. The review should follow the Guidelines below.

The review should consider (please use as your outline):

    The intended audience for the book and who would find it useful
    The background of the author(s)
    The main ideas and major objectives of the book and how effectively these are accomplished
    The context or impetus for the book – – political controversy, implications of the book for research, policy, practice, or theory
    A comparison with other works on this subject
    Constructive comments about the strength and weaknesses of the book

The front page of your review should include:

    Your first and last name
    Your student id
    Author(s) or editor(s) first and last name(s) (please indicate if it is an edited book)
    Title of book
    Year of publication
    Place of publication
    Publisher
    Number of pages
    Price (please indicate paperback or hard cover) if available
    ISBN