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What is your understanding of the economic definition of scarcity?
What is the opportunity cost to you of taking this class this semester?
Discuss the pros and cons of Aaron Feuerstein's decision making, and explain if, how you would have handled his situation differently if you were in his shoes.
Next, analyze the company's strategy, mission, and organizational structure. In your analysis, include the following:
Start by drawing a typical demand function for final products vs. a typical demand function for sub-components. Provide a brief explanation.
After watching the video clip from A Knight's Tale, consider the effect of choosing consumption today versus consumption in the future.
Why might the U.S. government, which funds Social Security, Medicare, and unemployment insurance programs by taxing wages.
Compare the ranking of U.S. GDP (purchasing power parity) to that of other countries by visiting the CIA's World Factbook.
After researching the latest consumer confidence estimates, in addition to the latest unemployment and inflation estimates.
What responsibility do we have as a society to help the elderly and disabled?
Why was the Bill of Rights inserted into the U.S. Constitution?
Discuss the three (3) basic assumptions of the Solow Growth Model and analyze their compatibility with real-world economic conditions.
Identify and describe a specific public health issue. Describe the macro-and microeconomic forces related to your public health issue.
Explain how unexpected inflation affects different group of people. For example, borrowers and lenders. or savers and investors.
Describe the role of public health and preventive medicine in affecting demand. Consider the role of ethics in the payment-demand-price of healthcare.
What are the major forces acting on expected real interest rates in recessions?
How could the payment system be modified to reward quality of care but not result in reduced access to those in lower socio-economic groups.
Describe your publicly traded company. Provide the name, size, and location of the company. What type of organizational structure does it have?
The Patient Protection and Affordable Care Act (PPACA) aims to bridge the underinsured.
What is price elasticity of demand? What are examples of goods with very high elasticity of demand (i.e., highly elastic)?
What are the main characteristics of economic models? What method do economists follow to design economic theory?
What are the characteristics of the new Global Country/Environment that will best suit the company for success?
How many units of D, E, F, and G are required to produce the required number of fans to meet the given demand?
Consider the supply and demand of taxi rides at night. The article discusses policies that are aimed at that market.
There are four types of demand forecasting (qualitative, causal, time series, and simulation). Companies use one or more of these techniques to conduct demand.