I. Theoretical Analysis 1. Each individual student or team (two students max) must find an article from the New York Times, The Economist, The Wall Street Journal, or The Financial Times (or a pre-approved alternate reputable news source) that addresses a concept we have covered in class and interests you. You will need to do a theoretical analysis for a news article, so choose one that is sufficiently in-depth and has some material to discuss. 2. Each team will have to turn in a typed analysis of their article (double-spaced, four pages maximum). You must also turn in a copy (not just a link) of the article you have chosen. 3. Each analysis should include at a minimum: i) One paragraph summarizing the article; Be brief! ii) One paragraph relating the article to theories we have discussed in class; Please draw relevant graphs or write down equations here. iii) One paragraph for the interpretation; Provide your explanation if the macroeconomic theory does not fit into your article. Is it due to the particular assumption(s) of the model? Can you think of any way to extend or improve the model so that it may explain the events in your article better?

I. Theoretical Analysis 1. Each individual student or team (two students max) must find an article from the New York Times, The Economist, The Wall Street Journal, or The Financial Times (or a pre-approved alternate reputable news source) that addresses a concept we have covered in class and interests you. You will need to do a theoretical analysis for a news article, so choose one that is sufficiently in-depth and has some material to discuss. 2. Each team will have to turn in a typed analysis of their article (double-spaced, four pages maximum). You must also turn in a copy (not just a link) of the article you have chosen. 3. Each analysis should include at a minimum: i) One paragraph summarizing the article; Be brief! ii) One paragraph relating the article to theories we have discussed in class; Please draw relevant graphs or write down equations here. iii) One paragraph for the interpretation; Provide your explanation if the macroeconomic theory does not fit into your article. Is it due to the particular assumption(s) of the model? Can you think of any way to extend or improve the model so that it may explain the events in your article better?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

18. Why could experiments be used to solve the endogeneity problem? [answer in no more than 50 words]
Hacmillan Leaming Christine and Paul are deciding how to split their time between writing music and lyrics for their new album. Their PPF's for 72 h of work are shown. Christine and Paul have to write music for 8 songs and lyrics for 12 songs (4 songs already have music). When they are done, they can go to a private island and relax from all their hard work. It is possible that they will use more than 72 h. Once they start writing lyrics and music, assuming their hired help packs for them and their plane is waiting outside their door, in how many hours can they board the plane to their relaxing island getaway? Christine will write music for Paul will write music for Christine will write lyrics for Paul will write lyrics for h songs. songs. songs. songs. Music written (in # of songs) 1 0 Paul's PPF 1 Christine's PPF 2 Lyrics written (in # of songs))
Question 3 ( A B C D E Production Point Mountain Bikes a) straight-line; increase Ob) straight-line; decrease Oc) curved; decrease 0 30 50 60 65 d) curved; increase Beer 100 90 70 40 Refer to the table above. if you were to plot the points, then this would be a PPF, so when you try to produce 5 more mountain bikes from 60 to 65, the opportunity cost of beer will at a higher rate. 0
Assume you are pursuing a bachelor’s degree and you have 40 hours to divide between work and school in a week. You choose the amount of time you spend on each based on the classes you take and the hours you request at work. The degree will take you 3 years to complete if you dedicate 40 hours a week and do not take summers off. Obviously, if you devote no time to school, you never get your degree. You have been going to school full time for two quarters. In the third quarter, you do not receive as much loan money as you anticipate and need. You decide to work 20 hours a week to make up the difference and take fewer classes. What is your opportunity cost? Make sure to include how this change will factor into the length of time it will take you to finish your degree.
QUESTION 1 Stella and Milo run an organic farm. The table below provides some information regarding how much they can accomplish in 1 day. The table indicates how much each farmer can accomplich by working the entire day exclusively on milking cows or on harvesting corn (but not both). Each farmer can work a fraction of the day on either task, in which case they accomplish a fraction of what they could do if they worked exclusively on one task only. For example, if Sella spent 20% of the day milking cows and 80% of the day havesting corn, she would milk (1/5) x 250 = 50 cows and harvest (4/5) x 10 = 8 acres of corn. Milks Cows (per day) 250 150 B. Harvest Acres of Corn (per day) 10 15 Stella Milo A. Stella's opportunity cost of harvesting one acre of corn is milked. COWS has the comparative advantage in milking cows and has the comparative advantage in harvesting corn. C. Assume the farmers needed to harvest 8 acres of corn on a particular day. They could milk, at most cows that same…
DO NOT USE EXCEL OR ANY PROGRAM TO SOLVE THE QUESTION, USE THE EQUATIONS AND EXPLAIN EACH STEP
MICROECONOMICS ( ALL OF IT IS ONE QUESTION!!!) For the article which graph (1-12) best describes what happened. King Size Beds For some couples, the solution for too much pandemic togetherness is saying good night on Valentine’s Day in a bigger bed where they don’t need to touch. After nearly two years of working from home and sharing close quarters with spouses, kids and pets, people are tossing out their full- and queen-size beds in favor of more spacious kings. After nearly two years of working from home and sharing close quarters with spouses, kids and pets, people are tossing out their full- and queen-size beds in favor of more spacious kings. Robert Pagano and his girlfriend, Tracy Jones, weighed the pros and cons of switching to a king from a queen last year. The couple, who live in Las Vegas, had been getting on each other’s nerves when they were stuck working from home. “We hoped a bigger bed would help us avoid arguments,” Mr. Pagano said. “But we were worried the extra…
Hours Playing Video Games Total Benefit Marginal Benefit Total Cost Marginal Cost 1 $20 MB1 $7 MC1 $35 MB2 $15 MC2 $45 MB3 $25 MC3 4 $50 MB4 $40 MC4 $53 MB5 $60 MC5 The above table is the same table from question 1. Enter your answer as a whole number and do not write out the number as a word (ie. 6 not "Six") How many hours should this individual spend playing video games? [Hours] 2.
Difference between opportunity cost and money cost
What are factors affecting economic analysis?
How do we solve the following question below?
Tony and Patty produce skis and snowboards. The tables show their production possibilities. Each week, Tony produces 5 snowboards and 40 skis and Patty produces 10 snowboards and 5 skis. Tony's opportunity cost of producing a snowboard is skis. Patty's opportunity cost of producing a snowboard is skis, t More Heln