Category: Economics

2023 Nobel Prize laureate Claudia Goldin states that unequal division of caregiving and household responsibilities play a key role in the gender pay gap. what economic policies could governments implement to increase female participation in the paid economy?

This week’s discussion is a collaborative peer review. For your first post, introduce the topic of your Course Project and either attach to or embed in the body of your post a copy of your favorite section of your Course Project by Wednesday.

Welcome to Economics for Managerial Decisions, ECO 607.  I am looking forward to working with you as we discuss how economic concepts and theories can be applied to decision-making in a business setting. 
Week Three Homework
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Instructions
Chapter 9 #2, 9 from QUESTIONS
Chapter 10 #2 from QUESTIONS
Chapter 11 #2 from PROBLEMS

I have attached the instructions, but will also put them below.  It does not paste well, so please open the attached instructions.  
You will develop an Excel spreadsheet with 5-year trend data on a variety of key performance
indicators and budget items showing the financial status of the selected institution.
The US Department of Education’s National Center for Education Statistics coordinates the
Integrated Postsecondary Education Data System (IPEDS) surveys every year. The IPEDS
surveys are federal requirements of all institutions that receive Title IV aid. IPEDS data are
especially helpful for enrollment and budget analysts to compare their institutions with
peer institutions. Use link: Retrieving IPEDS Data for Selected Institutions in the
Learn section for a helpful video tutorial with the step-by-step instructions.
In this assignment, you will download data that are publicly available from IPEDS (if you cannot
locate the information from your own institution’s website). Use the most recently available 5
years of reported data for the following most important key performance indicators and budget
data that must be included in the spreadsheet:
1. Fall Enrollment
• Student Financial Aid and Net Price
• Number of undergraduate students awarded federal, state, local, institutional or
other sources of grant aid
• Percent of undergraduate students awarded federal, state, local, institutional, or
other sources of grant aid
• Average amount of federal, state, local, institutional, or other sources of grant aid
awarded to undergraduate students
• Number of undergraduate students awarded federal student loans Other capital assets – ending balance
You are welcome to provide additional information as a means of preparing broader context
about the institution. Because of the amount of details required for this budget assignment, it is
recommended that you use multiple worksheets within the same Excel file instead of placing all
the data into the same worksheet.

Create an ethics statement for the new product.
Assuming that you have decided to sell your company’s product to a foreign market, which entry mode would you recommend and why?
For a global expansion of marketing for your company’s product, which product, pricing, distribution, and promotional strategies would you recommend and why?
Considering the ethical implications of selling your company’s product in domestic or foreign markets, write a brief ethics statement that captures how your company’s brand and product address environmental sustainability and social justice issues.

You have just completed your seven-year term as the chief economic policy advisor responsible for managing the economy of our country You are expected to create a report for the incoming administration. In this outgoing report, you will select what you consider to be the most important macroeconomic issues facing our country and policies to address them. 
1. Summarize the two economic issues and document why it is considered an issue.
2. Use up-to-date DATA to illustrate issue. Data should be displayed w/ single decimal place.
3. Use critical thinking to analyze the issue using economic concepts and theory learned in our
class
4. Present two policy recommendations based on this issue
5. Use additional references to back up your arguments
6. Include at least one graph (supply and demand, AS/AD, Aggregate Expenditure) developed in
the course to illustrate the impact on economy of your recommendation to address the issue.
Supporting charts and tables are also encouraged.
7. Use clear and effective writing in your presentation.
Possible concepts include (this list is not exhaustive. If you have a particular topic in mind, please reach out):
• Addressing consequences of Covid-19
• Economic growth/expansion
• Taxation
• Government spending
• Labor market, wages, and income inequality
• Poverty and public policy
• International trade
Your paper should:
• be a total of 4-5 pages, double-spaced, not including cover sheet or bibliography. Font: Times Roman 12. Use a cover sheet and include Running Head w/ your Name.
• include a bibliography with at least three references, presented in MLA 

Write an essay in which you address the following.  The average length of the essay to answer this question should be at least one typed single-spaced page or two double-spaced pages.
Demand studies in health care have provided estimates of both income and price elasticity.  Estimates of income elasticity are usually above +1.0.  Estimates of price elasticity typically range between -0.1 and -.75 (with hospital services at the lower end and elective services at the upper end).  Write an essay in which you address the following questions.
What information do these estimates convey?
What does the price elasticity of demand estimates imply for government policymakers, insurance companies, and medical providers’ decisions?   
What does the income elasticity of demand estimates imply for government policymakers, insurance companies, and medical providers’ decisions?

Chapters 4 and 11 provide information regarding the resources, the environment, and consumption. Each of those concepts are interconnected in our world economy.
This week we will be exploring the theme of the environment and resources. Please watch the following video and write a 500 to 750 word paper. I would like for you to analyze the following:
1. What is the relationship between resources and the economy?
2. If a country has resources, does that automatically mean that the country will be wealthy?
3. What are some possible solutions for the problems faced in the video?
4. What are you opinions about the ideas and problems expressed in the video?
Please refer to below video

it is the problem of choice which arises due to :-A) Limited Resources
B) Resources have Alternative uses C) Unlimited human wants.

Proposal/Powerpoint – Instructions are in document provided
** Please use easy to access citable sources **