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Category: Economics

‘Neo classical economics has its origins in the fundamentals of the human condition and is therefore the best form of economics.’ Evaluate this claim using at least two of the theories and philosophies encountered in section 1 of the course.

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‘Neo classical economics has its origins in the fundamentals of the human condition and is therefore the best form of economics.’ Evaluate this claim using at least two of the theories and philosophies encountered in section 1 of the course. From section 2 of the course – Major issues in economic management. ‘Behavioural Economics offers […]

Explain in detail the main reasons (at least three reasons) for the recent (past three weeks’) spike in the domestic price of gasoline in U.S.

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Explain in detail the main reasons (at least three reasons) for the recent (past three weeks’) spike in the domestic price of gasoline in U.S. Explain and indicate, the causes of this price hike with the aid of a well-labeled market model of Chapter 3 of the course textbook.

What is your selected linear demand function given the variables presented? (hint: Qd =x+yizt q….) • What is the estimated linear demand function (Q = ….)?

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Forecast – Conduct a forecast by choosing and using simple regression analysis given data as an input. and evaluate the forecast result by the criteria of the regression equation. Use the following scenario and data: Scenario – FlyHigh airlines is test marketing their boxed snacks sold on their short flights. FlyHigh selected 15 different markets […]

Give 3 examples of current factors affecting the demand for your product/service and its affect on profitability.

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For this discussion activity. revisit your demand function from Module 2 activity 2.2. Alter the function or add any additional variables/determinants you think you need once you have read the chapter reading for this module and explain why you changed your equation. Give 3 examples of current factors affecting the demand for your product/service and […]

Analyse the relationship between Gross Domestic Product and Aggregate (non-financial) Investment for the US economy over the past 40 years.

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Analyse the relationship between Gross Domestic Product and Aggregate (non-financial) Investment for the US economy over the past 40 years. Discuss whether the data suggest any correlation and/or causation between these two macroeconomic variables

Explain and provide an example of how the a firm might gain economies of scope without gaining economies of scale.

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The discipline is Managerial Economics. Please answer the following: Answer the following questions: 1) Explain the relative advantages and disadvantages of each of the following: a.) time-series and cross-section studies for estimating cost functions in the short run and long run. b.) using a polynomial cost function compared with a power function for a long-run […]

Write a structured essay to analyse how the major variables(i.e.,two demand variables and two supply variables)affected dry bulk freightrates and what actions can be taken by shipping companies to save shipping costs.

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Dry bulk freightratesexperiencedhighfluctuationsin2020. Write a structured essay to analyse how the major variables(i.e.,two demand variables and two supply variables)affected dry bulk freightrates and what actions can be taken by shipping companies to save shipping costs.Use practical examples and knowledge learned in this unit to illustrate your discussion.Make relevant assumptions if necessary.

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