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Use the causal view of structure, conduct, and performance to explain the role of differentiation in the market for pizza.
Evaluate alternative ways of measuring the productivity of inputs and the role of the manager in the production process.
What information did you find the most surprising? Can you foresee a point in your life where you would take a step toward becoming an entrepreneur?
Analyzing the primary potential benefits of learning about health economics related to government involvement in health care economics, financing, and delivery.
What fiscal policies are required to fight unemployment? What are some of the downside risks and potential problems involved when using fiscal policy?
Hypothesize how the four functions of money would be missed. Identify and justify any incidents from history that tell us what we might expect.
Government Action? Could we have anticipated the economic downturn and done something about it to prevent some of what we experienced?
Review and report on the data bank and economic data of the country of your choice by writing a short paper.
What tools are available to the government to correct market failures, explain using examples. What are the determinants of price elasticity of demand?
How did this information improve your understanding of macroeconomics, and what is its application in the macroeconomic environment?
How do economists measure inflation? Is there a way healthcare can still be a for-profit business and still meet enough needs of the customers?
How does the supply and demand of college students impact price of college tuition today? How has COVID 19 added additional layer to number of college tuition?
What are your thoughts on this summary of forecasting earnings? Why would we want to forecast a company's earnings?
Analyze which of the 4 factors of production were the most and least important in determining the economic concentration of the area you chose.
Define elastic, inelastic, and unitary elasticity means. How are these related to total revenue? Explain your answers.
Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience.
For the company you selected determine the ways in which it is dealing with the moral hazard problem and suggest best practices use in industry to deal with it.
How do you feel blockchain will change the global economy or will it? Explain your answer.
Analyze the arguments for government intervention as opposed to arguments for market-based solutions. Hint: See the information about market failures.
Provide an example of a firm or a small business from the real world that is surviving the dynamic nature of monopolistic competition.
We read in the first chapter of the Bible that God was creative in how He created value. In what ways are people creative in business?
Based on the above information and your study, outline arguments supporting and opposing a decision to outsource this function of your business.
Outline and describe in the discussion those components that you will be working on in this session to build or improve your professional portfolio.
Explain economic principles and their applications in the real world. Summarize different types of market structures and the role of government in economics.