Explain how irrelevant class was for economics

Assignment Help Business Economics
Reference no: EM1370798

Q. Suppose you were having lunch with your best friend who just enrolled in an economics class. He was complaining about Explain how irrelevant class was, commenting that he saw no useful purpose for economics. According to your friend, "I'm a nursing major. I will never use this stuff in real world." Having just completed same course in economics, you try to explain to your friend that economics affects everyone! Explain how would you explain to this person that economics is a daily part of his personal and professional lives? Use at least three examples of microeconomics and macroeconomics in your response.

Reference no: EM1370798

Questions Cloud

Advantages and disadvantages to group decision making : What can Learning or work teams do to maximize productivity and what is the value of storming in the group development process?
What is the work completed by the field on the electron : What is the lamp's resistance? What fraction of the power dissipated is dissipated in batteries.
Investigations of antitrust behavior : The Microsoft antitrust trial (United States vs. Microsoft) has been one of the biggest investigations of antitrust behavior since the turn of the century. You are supporting the Government, research and present a cohesive argument to the other si..
Make an equation for predicting sales : Kate Austen must generate a sales predice to convince the loan officer at a local bank of the viability of Marina Del Rey, a trendy west coast restaurant.
Explain how irrelevant class was for economics : Suppose you were having lunch with your best friend who just enrolled in an economics class. He was complaining about Explain how irrelevant class was, commenting that he saw no useful purpose for economics.
What is the force constant for the slinky : An airplane must reach a speed of 377mi/h in order to take off. If the runway is 403 m long, what is the minimum value of the acceleration that will allow the airplane to take off successfully.
Write a perl script code : Write a Perl script which uses the segment of code over and over again, and you are tired of repeatedly typing in this code. Which of the following must you do?
Academic integrity and original academic work : Compose a response on Academic Integrity that will focus on the importance of academic honesty and presentation of original academic work.
Workings of private marketplace : Recognize three well-founded reasons supporting the potentially beneficial role for government intervention in the workings of private marketplace.

Reviews

Write a Review

Business Economics Questions & Answers

  Solow growth model

The Solow Growth Model. In 2010, Japan was a large open economy with perfect capital mobility that was at its steady state.

  Evaluate sale of novels change a period of rising incomes

Evaluate how sale of novels would change during a period of rising incomes. Assess probable impact if competing publishers raise their costs.

  Why would elasticity of demand be important to you

Why would elasticity of demand be important to you in determining the products on which the taxes should be levied".

  Annual real interest rate on the loans

If the annual real interest rate on the loans is 6%, explain how many car companies will buy a new car assembly machine.

  Compute upper and lower limits within which marginal cost

Compute the upper and lower limits within which marginal cost may vary without affecting the profit maximizing output or the price.

  Explain how many people would find jobs each month

If there were 30 million employed Theralanders and Theraland had a job-separation rate of 15% per month, explain how many people would find jobs each month.

  Expected rate of depreciation in the korean

What is the expected rate of depreciation in the Korean won relative to the Japanese yen

  Federal government consider when evaluating the rising cost

Find the equilibrium price also quantity, then find elasticity of demand. Which should the federal government consider when evaluating the rising cost of college.

  How many cups he drinks

How big would that budget have to be before he would spend a dollar buying a first cup of coffee.

  Stations advertising revenue

Each station's objective is to maximize its viewing audience, in order to maximize the station advertising revenue.

  Government receive as tax revenue

Explain how much does the customer pay. Explain how much does the government receive as tax revenue.

  Additional revenue circuit city makes as it moves

Compare the additional revenue Circuit City makes as it moves from 2 million to 4 million copies of Vista with the additional revenue it makes as it moves.

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