Economics

Local Government Bankruptcy : Briefly describe the municipality’s demographics.Evaluate the previous three-year trend of the municipality’s major revenue sources and expenditures.

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Local Government Bankruptcy You are a municipal budget analyst. Using your favorite search engine, locate the budget of a municipality that has completed a petition to file bankruptcy. Some examples include Detroit, Michigan; Stockton, California; Central Falls, Rhode Island; San Bernardino, California; Prichard, Alabama; and Vallejo, California. Develop your case study findings and recommendations consisting … Read more

In what ways do economists and policymakers those who believe that market-based reforms are the key to improving the health care system criticize the Patient Protection and Affordable Care Act?

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Essentials of Economics In what ways do economists and policymakers believe that market-based reforms are the key to improving the health care system criticize the Patient Protection and Affordable Care Act?

Define the term “property rights” and explain why the lack of well-defined and enforceable property rights is detrimental to the smooth functioning of a market system.

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Property rights Define the term “property rights” and explain why the lack of well-defined and enforceable property rights is detrimental to the smooth functioning of a market system. BAM 223 Prinicples of Economics is the course and course book is Essentials of Economics

Do you agree with the authors that statistics is important? Why? Feel free to provide your own examples of a valuable statistical study.

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Statistics First download and read the article “Using Real-World Examples to Enhance the Relevance of the Introductory Statistics Course” by Friedman, Friedman and Amoo. Download it HERE or http://papers.ssrn.com/sol3/papers.cfmabstract_id=2129750 Here is the link: https://deliverypdf.ssrn.com/delivery.php?ID=672090112009084087104116091017083076109025046003043075006119076007098114064111115095098106127035013015098003068066118100026106051055086041049115123065026087015073047048085002030002125099114096007109070112114117107000019071015003092107064098113029001&EXT=pdf&INDEX=TRUE Write a critique of the paper. Do you agree with the authors that statistics is important? Why? Feel free to provide … Read more

How does capitalism differ from feudalism and socialism? Is capitalism responsible for rising inequality and/or climate change?

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Capitalism. How are you better off or worse off than your parents, your grandparents, or your great-grandparents? What explains the hockey stick figures in Unit 1? Did capitalism cause of the permanent technological revolution? What else might explain the rapid rise in living standards in most countries over the last couple centuries? Why have living … Read more

Do economic models really enable us to see more by looking at less? Does the technological choice model satisfactorily explain why the Industrial Revolution first occurred in Britain?

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Economic models Do economic models really enable us to see more by looking at less? Does the technological choice model satisfactorily explain why the Industrial Revolution first occurred in Britain? Does the Malthusian model satisfactorily explain the relatively stagnant incomes until about 1800? Are humans fundamentally animals, as Malthus contends? Does population growth still threaten … Read more

Employment : Did Sub-Prime Mortgages impact the financial markets?How does International Trade impact on employment in the United States?

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Employment. 1. Did Sub-Prime Mortgages impact the financial markets? 2. How does International Trade impact on employment in the United States? 3. What is the government role in increasing employment. 4. How is the United States economy different from other economies? 5. How have Global Labor Markets changes impacted United States employment. 6. What was … Read more

Describe how positive and negative externalities could affect the efficiency with which governments can allocate their resources to provide for the needs of citizens.

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Education cuts Find an article related to explaining how the needs of certain groups of individuals or institutions can determine how government on the local, state, or federal level spends their money. Using the first few pages of Chapter 1 as a guide, select a specific group of individuals or institutions in our society as … Read more

Write an essay analyzing the costs of eliminating the budget deficit solely through (1) personal tax increases, and/or (2) through spending cut by decreasing in transfer paymentsand in discretionary spending.

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Great Recession During the Great Recession, like any other economic downturns, as unemployment rises, aggregate income declines causing a major decline in tax collections. On the other hand, with the rise in unemployment, spending on safety net programs rise. So, to stabilize the national economy, government appears to have only two options (neither good) either … Read more