Theoretical background, Previous studies, Theoretical model, Results. Your chosen model should be as simple as possible without being trivial in order to be able to analyze your question.
Summarize the essay and the results. Feedback to the purpose. What assumptions, conditions and premises were important for the results? Strengths and weaknesses in the analysis? What have you done / not done – what could further research do?
Human capital in relation to economic opportunities: A comparative analysis of selected states in India-Discuss?
At the new lower interest rate and at full
employment, on the new LM curve (LM2 ), what
is the new level of the money supply?
According to the forex market equilibrium,
what is the new level of the spot exchange
rate? How large is the depreciation of the
home currency?
Plot the new 1S2 and LM2 curves for case 2
on a chart. Label the axes and the equilibrium
values.
Return to part (e). Now assume that the central
bank refuses to change the interest rate from
10%. In this case, what is the new level of
output? What is the money supply? And if
the government decides instead to use fiscal
policy to stabilize output, then according to the
new IS curve, by how much must government
spending be increased to achieve this goal? Call
this case 3
You must answer ALL questions below.
Using an appropriate version of the IS/LM/BP model, demonstrate which of the curves in the model would shift in response to the fall in the world interest rates (iw). Also, show how this would affect Switzerland’s BP position: you must clearly explain if it is a BP surplus or a BP deficit. (15 Marks)
Briefly explain the main economic rationale behind the Swiss National Bank’s (SNB) decision to intervene in the foreign exchange market in response to such a strong demand for franc. (15 Marks)
The IS/LM/FE model predicts that the BP disequilibrium (i.e. BP≠0) in Question 1 should eventually disappear and BP must return to zero (BP=0). Explain the underlying transmission mechanism that ensures this adjustment when:
SNB decides to peg the national currency as explained in the introduction, and
(15 Marks)
SNB decides not to intervene, i.e. it allows the value of franc to be determined by market forces.
(15 Marks)
In addition to the two scenarios in Question 3, what other policy options are available for the Swiss authorities if they want to achieve BP=0? Discuss the pros and cons of each approach.
(15 Marks)
Explain why SBN abandoned its policy in 2015 and why the franc/Euro exchange rate fell so sharply as a result.
(10 Marks)
Some economists argue SNB’s intervention in the exchange market was successful while others disagree about the success of the intervention policy. Critically discuss both sides of the arguments.
(15 Marks
Discuss Federalism. What is federalism? What are some types of federalism? What are advantages and disadvantages of federalism? What are some alternatives to federalism? What is the relationship between the federal government and the states under federalism? How has that relationship evolved over time?
Discuss Financing State and Local Governments. What are some methods used by state and local governments to pay for services? What are the advantages and disadvantages of these funding sources? Why is funding more challenging for state and local governments than it is for the federal government? What are the major expenditures of state and local governments? Why do some of these expenditures make funding more challenging for state and local governments?
Discuss State and Local Politics. What is the role of state and local governments? Who has the power? What are some of the influences on state and local governments? What role do local media and other organizations play? What are some challenges faced by state and local governments?
Discuss Parties and Elections in the States. How do state and local governments regulate elections? What are some differences in how people vote? What are some differences in the nomination process? What is the role of political parties in state and local elections? What is the role of political parties in state government? What are some examples of one-party and two-party states?
Discuss the various theories and types of unemployment. Which theory is most relevant to Hashemite Kingdom of Jordan? Why?
Develop your case study findings and recommendations consisting of no less than two pages in which you discuss the prompts listed below.
Briefly describe the municipality’s demographics.
Evaluate the previous three-year trend of the municipality’s major revenue sources and expenditures.
Analyze the impact of the issues contributing to the municipality’s budget deficiencies.
Propose three alternative financing options.
In what ways do economists and policymakers—those who believe that market-based reforms are the key to improving the health care system—criticize the Patient Protection and Affordable Care Act (ACA)?
Course is BAM 223 Essentials of Economics
Define the term “property rights” and explain why the lack of well-defined and enforceable property rights is detrimental to the smooth functioning of a market system.
BAM 223 Prinicples of Economics is the course and course book is Essentials of Economics
REGRESSIONAL ANALYSIS – Near-term economic conditions, qualitative forecast of sales or service in the upcoming quarter
Explain how the indicator or each of the indicators might affect future sales and/or service. (For example, if the average work week of production workers in manufacturing increased, explain the affect on your company’s sales.) Explain which or among these indicators would be most important in formulating your qualitative forecast.
