Be sure that you have carefully read the instructions for participating in the weekly discussion forums, especially as regards what is acceptable as a current news article.
Chapter 4 introduces the concept of elasticity and demand for a firm’s products. It is one of the most useful tools of analysis that economic theory has to offer business firms, and failure to understand its implications – especially in terms of pricing decisions – can lead to serious problems.
For this Discussion Forum, find a current news article that deals in some way with how the concept of elasticity of demand can have an impact on the decision-making of business firms..
Online Discussion Expectations
Discussion is an integral part of the classroom
experience. Individual participation and
contribution to online discussion sessions is encouraged and expected.
Here are qualities of a full-credit student post (adapted
from Sloan Consortium http://www.sloan-c.org):
·
Substantial – cites PowerPoint, textbook, or
video segments
·
Concise – focused response.
·
Provocative – student asks a question to
facilitate discussion
·
Interpretative – expands concepts or connects
ideas in new ways
·
Timely – posted within set time limits
·
Grammatical – free of writing errors
A student should not make all contributions in one or two
days. In order to receive full-credit
for discussion, you are encouraged to participate in the discussion at various
times throughout the discussion week.
The vast majority of the Discussion Forums are tied to the
chapters in the textbook – one for each of the twelve chapters. These forums
require that the student make a substantial original post (500 words – NOT
counting the hyperlink and reference) and respond to the original posts of at
least two other students (100 words each).
The original posts must include a working link to a current
news article (NOT an article from a professional journal) as well as an
APA style reference for the article.
One of the goals for this class is for students to use
concepts introduced in the course to analyze current issues in managerial
economics, hence the emphasis on current news articles.
·
Current
means an article that is recent – published within the last six months or so.
·
News
means an article from a recognized news source such as a daily newspaper or a
weekly or monthly news magazine.
Online versions of those sources are fine, but BEWARE the
use of online articles from websites that are devoted to a particular point of
view, whether it be progressive or conservative. Why? Because they usually put too much of a
spin on what is supposed to be a news report. Also do not use articles from
online encyclopedias. While they may provide information on the topic at hand,
but it will be definitions and history as opposed to current news.
HINT: When doing a Google search, below the box where you
enter what you are searching for, select “News.”)
Because these Discussion Forums linked to the individual
chapters are a key part of assessing the student’s mastery of key concepts
presented in the class, full credit requires applying concepts from the
textbook in analyzing the chosen news article – summarizing the article is
unnecessary and inadequate.
Responses to original posts must go beyond nice job” or “I
agree with your post.” For full credit they must advance the analysis in some
way – perhaps by reference to the news article selected by the respondee.
Points will be deducted on original posts if:
·
They are late
·
They fail to meet the required word minimum
·
The article is not current (within the last six
months)
·
The article is not a news article
·
The article is short and offers little for
analysis
·
The post is summary rather than analysis
·
The post fails to reference material from the
textbook
·
The post fails to include a working hyperlink
that can be used by others to read the article
·
The post fails to include an APA reference
Category: Economics
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“Analyzing the Impact of Elasticity of Demand on Business Decision-Making: A Current News Article Discussion” “Improving APA Referencing in Academic Writing”
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“Protecting Australia’s Economy: An Analysis of Tariffs and Policy Recommendations” Title: Analyzing the Effects of Skipping Order Details on Business Revenue: A Data-Driven Approach
Topic: is australia doing enough to protect its economy? Different tariffs employed
4 page paper with 2 columns on each page single spaced
Elements of Your Policy Brief
1. Brief Summary – one paragraph on first page
The summary is the first thing a reader will see.
Write the executive summary last because you will gain clarity on its content as you draft the other sections.
2. Introduction – two paragraphs
The introduction should set up the rest of the document and clearly convey your argument. Define why you are writing the brief and explain the importance of the topic to your audience. A good introduction should contain all of the relevant information for your argument. Describe the key questions of your analysis and your conclusions. The goal is to leave your readers with a clear sense of what your research is about while enticing them to continue reading.
3. Research Overview
One of the most important sections of the brief because it explains the reasoning behind your policy recommendations. This section describes the problem that your policy recommendations intend to solve.
Summarize the facts to describe the issues, contexts, and research methods. Focus on two main elements: the research approach and the research results.
Research approach: explain how the study was conducted, who conducted it, how the data was collected, and any other relevant background information.
Research results: paint a general picture of the research findings before moving on to the specifics. Present the results in a way that lends them to your analysis and argument, but do not interpret them yet. The reader should have a firm understanding of the research and be primed for your argument. The goal is to take them on a journey that ends with them seeing the facts from your perspective.
Focus on highlighting the benefits and opportunities stemming from the research.
4. Analysis of findings
In this section, you interpret the data in a way that is accessible and clearly connects to your policy recommendations. Express ideas using active language and strong assertions. The goal is to be convincing but ensure that your analysis is balanced and defensible. Explain the findings and limitations of the research clearly and comprehensively.
How do your research findings in terms of how they relate to concrete realities (instead of theoretical abstractions) so the reader will have a clear idea of the potential effects of policy initiatives?
5. Recommendations
Detail the actions recommended by your research findings. Draw the link for your readers between the research findings and your recommendations. Ensure that all arguments are rooted firmly and clearly in evidence produced by your research.
What to include:
Implications are the effects that the research could have in the future. Describe the potential consequences of policies. This is a good opportunity to provide an overview of policy alternatives by presenting your reader with the full range of policy options.
Recommendations, Your recommendations should act as a call to action by stating precise, relevant, credible, and feasible next steps. It may strengthen your argument to demonstrate why other policies are not as effective as your recommendations.
Think of the conclusion as a mirror to your introduction: you are once again providing an overview of your argument, but this time you are underlining its strength rather than introducing it.
Format, Style and other Requirements
1. Sources in APA format as discussed in class.
2. Text format, Research and Analytical Requirements
Your text should be two columns, 1.15 spacing, Times New Roman, 12-point font, one-inch margins throughout the pages, and a Header with the course name, semester, Issue Brief Number and Date. Footer with your last name and page number.
Either MS Word or PDF.
Your research must be original research.
You must use a minimum of 5 appropriate sources. The sources must be academic or official/governmental sources. If you have doubts, please ask.
Your brief must contain two graphs or evidence that you have gathered data and manipulated the information using one or more of the techniques we have learned in this class.
Your issues must have an economic component. If you have doubts, ask. Our course textbook has numerous examples.
Important Info
The order was placed through a short procedure (customer skipped some order details).
Please clarify some paper details before starting to work on the order.
Type of paper and subject
Number of sources and formatting style
Type of service (writing, rewriting, etc) -
“China’s Fiscal Growth and its Impact on Economic Wellbeing: An Economic Commentary”
The article:
https://www.reuters.com/world/china/chinas-fiscal-revenue-growth-picks-up-2023-2024-02-01/
Write a 750-800 word commentary using this article on the key concept, economic wellbeing.
The commentary must:
· explain the links between the article, the key concept (economic wellbeing) and economic theory from Macroeconomics.
· demonstrate economic insights into the implications of the article (that is, it should discuss events from the point of view of an economist).
The commentary should use relevant, labelled economic diagrams to illustrate wherever necessary.
It must use economic terminology throughout. It must refer to and use the key concept, “economic wellbeing” throughout the commentary.
And, the economic theory should be applied to the article throughout the commentary with effective economic analysis.
Judgements are done on the information provided in the article which are supported.
This is the success criteria:
· Relevant, accurate and correctly labelled diagrams are included, with a full explanation.
· Economic terminology relevant to the article is used approximately throughout the commentary.
· Relevant economic theory is applied to the article throughout the commentary with effective economic analysis.
· A key concept is identified and link to the article is fully explained.
· Judgements are made that are supported by effective and balanced reasoning.
SAMPLE WORK OF MICROECONOMICS attached -
Title: The Community Reinvestment Act: Promoting Fair and Equitable Access to Credit The Community Reinvestment Act (CRA) was enacted by the United States Congress in 1977 with the aim of addressing the issue of redlining,
Write a brief essay (one page) on the Community Reinvestment Act include the history, purpose and why the Federal Reserve Board ( in tandem with the FDIC and Office of the Comptroller of the Currency needs to enhance the regulations and rules.
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Title: “The Art of Interviewing: A Guide to Crafting a Compelling Narrative Using Primary and Secondary Sources”
Use the standard 5-part essay structure: Intro, 3 Body sections, and Conclusion
Articulate the thesis statement in the final sentence of the intro paragraph
Use primary and secondary sources to reinforce the main idea in each body paragraph
Use the narrative form, integrating questions and answers
Include a WORKS CITED page with a minimum of 3 secondary sources + primary source citation
Prepare interview questions based on the objective and research on the interviewee
Lead with a “softball question” to set a conversational tone
Ask open-ended questions to elicit emotional responses and insight
Use open-ended questions to stimulate curiosity and creativity
Follow the four principles of interviewing: Prepare carefully, establish a relationship, ask relevant questions, listen attentively -
Title: The Influence of Domestic Interest Groups on a State’s External Economic Relations and Policies Interest groups, also known as pressure groups or special interest groups, are organizations that represent the interests of a specific sector or issue in society. In domestic
Topic: The interest groups are key actors in domestic politics. How do the domestic interest groups influence a state’s external economic relations and policies?
Format: 180 words or more. APA style -
Macroeconomic Indicators: Understanding GDP, CPI, and Unemployment Trends and Implications
Part 1: Definition and Calculation of GDP:
Define GDP (Gross Domestic Product) and explain its significance as a macroeconomic indicator.
Research and identify the components of GDP, including consumption, investment, government spending, and net exports.
Discuss the limitations of GDP as a measure of economic well-being and suggest alternative measures that could complement GDP in assessing economic performance.
Part 2: Understanding the Consumer Price Index (CPI) and Inflation:
Define the Consumer Price Index (CPI) and explain its role in measuring inflation.
Research and describe the methodology used to calculate the CPI, including the basket of goods and the base year.
Discuss the limitations of the CPI as a measure of inflation and propose alternative measures that could provide a more accurate assessment of price changes.
Part 3: Measurement and Types of Unemployment:
Identify and define the different types of unemployment, including frictional, structural, and cyclical unemployment.
Discuss the causes and consequences of each type of unemployment, including their impact on individuals and the economy as a whole.
Analyze recent labor market data or trends to assess the current state of unemployment in your country or region.
Propose policy recommendations to address the various types of unemployment and promote full employment.
Part 4: A Brief Additional Example
We learned that GDP, CPI, and the unemployment rate are used as economic indicators. Find and discuss recent trends in GDP growth, inflation rates, and unemployment levels. What factors do you think have contributed to these trends? How do these macroeconomic indicators reflect the overall health of the economy? Be sure to cite your sources; opinions should be based on facts and research.
Instructions:
The weekly assignments are 1–2 page research essays that allow for further exploration of weekly topics; you will need to include at least one credible, outside source.
Attached you will also find previous assignments, as they can all be used in final research paper. Please use any info from them that you see fit.
VIDEO FILES:
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“Optimizing Business Performance: An Economic Analysis and Recommendations for XYZ Company”
Your goal is to summarize your analysis with the3 documents attached, highlighting the problems you identified, showing your detailed practical recommendations as a team, and communicating all of this in a dynamic, visually-stimulating manner. In doing so, you will incorporate at least seven key economic concepts and principles covered in the course within the context of the company optimizing its business performance.
Your narrated presentation will be a total of 10-15 minutes long, and structured to include the following sections:
· Title/Introduction (introduce your group members and your organization)
· Agenda/Overview of Presentation
· Executive Summary
· Current Issue Analysis
· Recommendation for improvements, the rationale and time frame for execution.
· Forecasts of how the company may perform in the next 12 months within the context of the current economic conditions.
· Summary
· References -
Title: “Excel Data Analysis and Interpretation”
I need the excel sheet filled out per the screenshot of instructions and the questions answered A-F on a word document
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Title: “The Real-World Dynamics of Supply and Demand: An Analysis of Current Trends” Introduction Supply and demand are two fundamental economic concepts that play a crucial role in shaping the market dynamics of any industry. The interplay between these two
please review selected screenshot
write an essay on supply and demad in the real world
using 1 artilcle and site that article
artilce must be from the last 6 months