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Problem: Is the state of the USA designed to replace the GDP with a primary measure of economic performance?
Two important policy goals of the government and the Fed are to keep unemployment and inflation low, while at the same time making sure that GDP is increasing at an average of 3% per year. It is imp
Is the country's foreign exchange overvalued or undervalued? Has the central bank intervened in the foreign exchange market on behalf of the country's currency valuation?
Problem 1: Suppose you are in charge of U.S. fiscal policy and the economy is in recession. What would you do? Problem 2: Assume the economy is booming and in danger of "overheating." What would you d
1) Why did I choose to make the demand elasticity for plastic surgery large relative to heart surgery? 2) What is the equation for the optimal (Ramsey) value of th in terms of tp.
The federal reserve has announced an end to their controversial quantitative easing bond purchase program. How will the economy react to this decision?
Question 1: How would each of the following affect the Canadian market supply curve for wheat?
Draw a representative long-run average cost curve, and indicate the minimum efficient scale. Would you expect that firms in an industry like this would all produce about the same level of output? Why?
Suppose there is a temporary but significant increase in oil prices in an economy with an upward-sloping Short-Run Aggregate Supply (SRAS) curve.
What effect has this on the price and yield of US treasury bills and bonds with a maturity of 1 month, 3 month and 3 years and how does it affect the shape of the US yield curve.
Suppose a country plans to restructure its sovereign debt by swapping its existing government bonds for bonds that have (i) half the face value, (ii) half the coupon rate, and (iii) double the remai
Discuss the implications of low-skilled worker immigration into the UK for UK wages, trade and output within the framework of the Heckscher Ohlin model.
Why does the budget require a forecast to the economy? Under what circumstances would actual government spending and tax revenue fail to match the budget as approved?
Task: Choose an organization for your final project. You may choose among the Larson Scenario. Review the data for the organization you have chosen.
If our country can make everything better and cheaper than foreigners, why would we have any reason to be involved in international trade?
How would you try to convince him/her that this is probably not the right way to look at international trade and its effects on the country?
Analyse the choices MNEs have for handling international trade payments. What are the main issues that affect their decisions? Explain your answer.
Problem: Explain how international trade increases economic efficiency and how trade barriers and tariffs inhibit efficiency.
Who are the major competitors in the wine market in Singapore? I know that Australia is the number one exporter and the US is the fifth. Who else exports wine to Singapore? Does Singapore have any l
Developing countries often claim that growth and trade have left them no better off or perhaps worse off. How might you explain this result theoretically?
Question. What is currently going on with the Canadian Automotive Industry? Why is this important? Question. How do you think the current event will affect the global economy?
Problem: Suppose the dollar-pound rate equals $0.5 per pound. According the purchasing power parity theory, what will happen to the dollar's exchange rate under each of the following scenarios ?
A dollar appreciation against the swiss franc is no guarantee that the dollar will go further than it previously did acquiring Swiss goods. Do you agree? Explain.
Explain how the following events would effect the market for South Africa's currency, the rand, assuming a floating exchange rate.
Use the theory of liquidity preference to explain how a decrease in the money supply affects the aggregate-demand curve. Consider the effects in both a closed economy and a small open economy.