Analyze the economic problem of scarcity wants and choice

Assignment Help Macroeconomics
Reference no: EM131209929

MICROECONOMICS PROJECT / PRESENTATION

Course Learning Outcomes:

  • Comprehend the relevance and importance of economics in our lives.
  • Explain and discuss the various economic decision-making in various market models
  • Analyze the economic problem of scarcity, wants and choice.
  • Use verbal, graphical, and simple algebraic tools to analyze microeconomic issues.
  • Interpret elasticity of supply and demand in the competitive world of pure competition, monopoly, oligopoly.
  • Relate the course information to the current economic situations.

Project Topic: Any Topic Regarding the Microeconomics Issues.

Instructions:

1. Activity is individual OR a group not more than two

Project:-

1. Topic Emphasis, Content and quality

2. Presentation format and skill

3. PPT (power point) Design and Layout

Presentation:-

1. Presentation Style, Skill including Vocabulary.

Attachment:- ECO Project.rar

Reference no: EM131209929

Questions Cloud

Does the arthur murray principle apply to the company : Advise RIP Pty Ltd when income is derived (i) generally, and (ii) when it derives its income from funeral services and related activities. Does the Arthur Murray principle apply to the company's accounting treatment of amounts in Easy Funeral Plan?..
What is meant by a case : What is meant by a case? When we do case studies, we have to figure out what is the case and what is X a case of? This concept is the heart at differentiating all other methods to a case study.
Explain why the lease agreement in case : Explain why the lease agreement in case would be treated as a finance lease from the perspective of the lessee; Your answer should reflect the relevant requirements in AASB117 -Leases
What message isthe artist trying to send : Why would Classical and Renaissance images and themes appear in this type of space? What message isthe artist trying to send?
Analyze the economic problem of scarcity wants and choice : ECO 100 MICROECONOMICS PROJECT / PRESENTATION. Explain and discuss the various economic decision-making in various market models Analyze the economic problem of scarcity, wants and choice. Use verbal, graphical, and simple algebraic tools to analyze ..
Present value of the payments : My newest book is being considered by a publisher offering me a $100,000 advance today, plus $50,000 at the end of each of the next 2 years. What is the present value of the payments from the publisher, given my rate of discount is 2%
Purchase and assumption method or the payoff method : Would a wealthy individual with bank accounts of more than $100,000 prefer the FDIC to use the purchase and assumption method or the payoff method to liquidate failed banks? Why?
Draw the state diagram for this machine : Finite state machines can be used to detect the occurrence of certain subsequences in the sequence of binary inputs applied to the machine. Such machines are called finite state recognizers. Suppose that a machine is to produce a 1 as its output w..
What were the consequences of that exchange : What were the consequences of that exchange? What, in your opinion, were some of its principal benefits? For whom? What have been its greatest negative consequences?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Suppose the equilibrium price for apartments is

Suppose the equilibrium price for apartments is $500 per month and the government imposes rent controls of $250. Which of the following isunlikely to occur as a result of the rent controls?

  The annual income from a rented house

The annual income from a rented house is $12,000. The annual expenses are $3000. If the house can be sold for $145,000 at the end of 10 years, how much could you afford to pay for it now, if you considered 18% to be a suitable interest rate?

  Determine the quantity of chairs produced in a month

What is the quantity produced if L = 1,000 and K = 100? Image text transcribed for accessibility: A firm that manufactures office desks has the following production function in the short run: Q = 400 L0.8 K0.5 where Q = the quantity of chairs prod..

  Begins with the economy at potential gdp

Begins with the economy at potential GDP, a war in the Middle East pushes up energy prices temporarily. The Fed expands the money supply to accommodate the inflation.

  What would the changes in attendance would you expect

Movie tickets prices increased by 5% and resulted in a 8% drop in sales. What is the price elasticity of demand? 2. If ticket prices decreased by 5% instead of raising them, what would the changes in attendance would you expect? 3. If a competing cin..

  How to encourage contributions from consumers

The textbook provides three techniques that not-for-profit organizations use to deal with the free-rider problem. Create two additional techniques that these organizations can use to encourage contributions from consumers.

  How are demographics of the united states workforce changing

How are the demographics of the United States workforce changing? How might these changing demographics have an impact on an organization's recruitment strategies and methods?

  Illustrate what is the price elasticity of demand faced

Show the first and second order condition for profit maximization. Illustrate what is the price elasticity of demand faced by this monopolist.

  Define product which have no brand other than identification

A "product" is best described as: A) A purely physical entity. B) An image in the mind of the consumer. C) A need satisfying offering of a firm. D) An intangible service. 2._____ means a product's ability to satisfy a customer's needs or requirements..

  What is mpc and mps

Government initally increased spending from 50 million to 100million . Household responded by increasing spending from 20 million to60 millio

  What is unemployment rate

Suppose an economy has 10,000 people who are not working but looking and available for work and 90,000 people who are working. What is its unemployment rate?

  Which are must haves for a student to chosen profession

1. Discuss your top three resources which are "must haves" for a student in your chosen profession (do not forget to provide the proper references for your classmates' benefit). 2. Why are they important to you as both a student and a professional?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd