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Topics in Applied Macroeconomics
Question:
Write an essay of about 3,000 words using the approaches developed in the module to appraise the fiscal strategy of the Conservative-Liberal Democrat coalition government. You must reference your work carefully and include a bibliography. Your essay must show that you have referred to the Treasury website as well as at least one other website independent of government, such as the Institute for Fiscal Studies or the National Institute for Economic and Social Research, or the Economist or the FT, or something of a similar level of quality.
Would you have a higher consumption standard of living by self-sufficiently producing all the goods you also your family want to consume or by employing your labor.
Elucidate the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization.
Determine wHich of the following is example of an adverse selection problem and which is a moral hazard incentive problem?
Illustrate what was the economy's biggest risk--inflation or unemployment.
Explain how might this allocation under allocation get resolved via the means suggested by the coase theorem.
Growth of India and China - China and India are often referred to as two of the fastest growing countries. Compare their recent growth rates to the U.S. growth rate.
Illustrate what the pricing and non pricing strategies that firms rely on to compete in monopolistic competition and oligopoly market models.
Illustrate what do these indicators suggest about the future prospects of Walmart.
What is the cost of producing additional car when 50 cars are being produced? What is the cost of producing additional care when 150 cars are being produced?
Use the following information for a perfectly competitive firm and the profit-maximizing input-combination rule to identify how many workers firm will employ to maximize profits.
Assume x and y are the only two goods a person consumes. If after a rise in p x , the quantity demanded of y decreases, one could say
Assume these customers live in Cuba and get a ration of 50 units of Q each month. What is the marginal willingness to pay at this level of consumption for each customers ?
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