Category: Economics

Suppose that a computer glitch causes you to lose all the observations for which . Will ordinary least squares (OLS) still provide an unbiased estimator of if you estimate Model 1 using the remaining data? Explain.

Q1 Sample Selection8 Points
Model 1: , with
Where denotes household ‘s average annual
consumption and denotes a measure of household ‘s
permanent income (both measured in thousands of USD). Suppose
that your sample consists of a random sample of consumption and
income data from the entire population of U.S. households, which is
your population of interest.

Q1.1
2 Points
Suppose that a computer glitch causes you to lose all the observations
for which . Will ordinary least squares (OLS) still
provide an unbiased estimator of if you estimate Model 1 using the
remaining data? Explain.

What type of discourse (explanatory genres, narrative representations) surround this debt crisis and what capitalist myths and notions of morality, human nature, the state and society does this discourse naturalize?

Critical Analysis of Debt in the Education Sector and the Necessity for Organizational Reform

Before launching into analysis and also solutions to the student debt crisis, explain the crisis. How much do students owe in debt? Who do they owe to? What are the collection practices? Why does this constitute a crisis on a personal level?

What makes this threaten “economic collapse” as you write? Spend more time breaking down how student debt works, per the assignment prompt. Save writing about solutions until the very end (conclusion) if at all.

In the course of your analysis, you may want to consider the following: What constitutes this case as a crisis? How is this debt crisis classed, racialized, gendered, and otherwise prejudicial and/or predatory in its structure and consequences?

Who profits from the crisis and who are most adversely impacted in terms of exposure to risk, access to assistance, and adverse health impacts?

What type of discourse (explanatory genres, narrative representations) surround this debt crisis and what capitalist myths and notions of morality, human nature, the state and society does this discourse naturalize?

What is the role (potential or actual) of austerity, stimulus, relief, (corporate) welfare in structuring the crisis and its resolution? Engaging with these questions should function in service to your overall argument, in which you derive a generalizable political lesson from this particular case of debt-related crisis.

Another resource: https://www.federalreserve.gov/publications/2021-economic-well-being-of-us-households-in-2020-student-loans.htm

Explain how firms have behaved, with a focus on the reaction of airlines and tour operators. The concepts of price and non-price competition will be helpful here.

Aviation: Covid 19 & future challenges

Explain how firms have behaved, with a focus on the reaction of airlines and tour operators. The concepts of price and non-price competition will be helpful here.

Consider some of the future challenges facing the sector. Specifically, you will need to be aware of the growing costs caused by new safety regulations environmental impact of aviation, and the possible measures that governments might take that could help passenger numbers to increase.

Identify the market structure that best describes the hotel market and use examples to describe its key features.Assuming this market was in long-run equilibrium before the outbreak of COVID-19, use Microeconomics theories to analyze how the COVID-19 would affect this market in the short run and in the long run.

Hotel market structure

As the effects of COVID-19 spread across the entire world, the primary focus for governments and businesses is the safety of their people. Strategies to flatten the COVID-19 curve such as community lockdowns, social distancing, stay-at-home orders, travel, and mobility restrictions have significantly decreased the demand for many hospitality businesses. The hotel industry is a subdivision of the hospitality industry specializing in accommodation and is one of the most affected markets by the COVID-19.

a. Identify the market structure that best describes the hotel market and use examples to describe its key features.

b. Assuming this market was in long-run equilibrium before the outbreak of COVID-19, use Microeconomics theories to analyze how the COVID-19 would affect this market in the short run and in the long run.

Describe the current situation and summarize the research and opinions that have been communicated publicly through various channels.

Essay on Government Intervention in Markets

Once you choose a topic or sub-topic you need to define your argument, identify the “players” ( government agencies, private firms, consumer and producer groups/individuals, international organizations, or others) and the position you are taking.

This lead-in can take different formats: anecdotal, personal, hypothetical are all options.

Next, describe the current situation and summarize the research and opinions that have been communicated publicly through various channels.

Specify your first point related to the issue and present/discuss the evidence.
Include an acknowledgment of contrary points of view and their shortcomings.
The context can be related to downstream impacts, how realistic any proposed solutions are, incomplete or missing information, or ethnical/value-based components to the issue.
Repeat this exercise with your additional 2-3 major points.

Be clear about any assumptions that you are making and identify the Net Benefits (or lower losses) achieved when the implementation of the policies or regulations are completed.

Throughout the essay, integrate three (3) economic concepts that are part of Principles of Microeconomics.

 

What is Planned Economics and What is the Free Market?How well and where has Keynes Ideas been implemented?How well and where has Hayek Ideas been implemented?

Planned vs. Free Market

1. What is Planned Economics and What is the Free Market?

2. What are the ideas of Keynes and Hayek?

3. How well and where has Keynes Ideas been implemented?

4. How well and where has Hayek Ideas been implemented?

5. Overall which has proven to be the most successful and why do you make the claim that it is the most successful Economic System.

Discuss and explain how changes might be explained, or do you mean real market that is some combination of a planned and market system.

Select one topic. Develop the question you want to address from the list or get one approved. Plan the approach and analysis you will take to address the question. Define your terms. Do not assume concepts like universal healthcare are commonly understood. If that were the term, one would need to describe who will provide what and how it will be achieved. There is no universal way that is done.

You will also need to describe the context for some terms, like market. If you only mention market, the reader will not know if you mean the theoretical non-existent perfectly competitive model economists use as a beginning basis to discuss and explain how changes might be explained, or do you mean real market that is some combination of a planned and market system.

What is the role (potential or actual) of austerity, stimulus, relief, (corporate) welfare in structuring the crisis and its resolution? Engaging with these questions should function in service to your overall argument, in which you derive a generalizable political lesson from this particular case of debt-related crisis.

Consumer Debt Crisis

In the course of your analysis, you may want to consider the following:

What constitutes this case as a crisis? How is this debt crisis classed, racialized, gendered, and otherwise prejudicial and/or predatory in its structure and consequences?

Who profits from the crisis and who are most adversely impacted in terms of exposure to risk, access to assistance, and adverse health impacts?

What type of discourse (explanatory genres, narrative representations) surround this debt crisis and what capitalist myths and notions of morality, human nature, the state and society does this discourse naturalize?

What is the role (potential or actual) of austerity, stimulus, relief, (corporate) welfare in structuring the crisis and its resolution? Engaging with these questions should function in service to your overall argument, in which you derive a generalizable political lesson from this particular case of debt-related crisis.

Identify one of the fiscal policy initiatives implemented at the federal level during the pandemic. Describe the program: What was it? What was it designed to do? How large or a program was it? Use outside research from The Wall Street Journal or another newspaper from 2020 or 2021 to support your assertions.

During the Coronavirus pandemic, the United States launched many fiscal policy initiatives to stabilize and grow the United States economy. For this assignment, complete the following in paragraph form:

1. Define fiscal policy and explain whether the government should implement an expansionary or contractionary fiscal policy during the pandemic.

2. Identify one of the fiscal policy initiatives implemented at the federal level during the pandemic. Describe the program: What was it? What was it designed to do? How large or a program was it? Use outside research from The Wall Street Journal or another newspaper from 2020 or 2021 to support your assertions.

3. Was this program designed to impact economic output, the labor market, or both? Explain.

4. What were the costs associated with this program? How did it effect the amount of the Federal Debt?

Response should be a minimum of 300 words and include at least one outside source in addition to the text. Provide a reference list in APA format. Do not include a title page.