economics

Understanding cost behavior is important for analysis and decision making

Understanding cost behavior is important for analysis and decision making. Cost can be broadly categorized as fixed, variable, or mixed. The way costs behave in relation to production drives pricing and cost estimation. Evaluate the behavior of fixed, variable, and mixed costs in a manufacturing environment.Elaborate on an example of each type of cost as …

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The Shock Doctrine

The Shock Doctrine explains an aspect of U.S. foreign and domestic policy. It is a controversial book. Write a 3-5 page (double spaced) essay that explains the central argument of the book, the kind of evidence the author uses to support her argument, and your opinion of the book. Do you agree or not the …

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The worst co-worker

consider a current or past coworker who has low levels of either job performance, organizational commitment, or both. You are asked to draw on concepts from the course to explain exactly why this coworker is so ineffective, and how you and his/her supervisors might react, given that knowledge. The paper should be 1000 words in …

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Social stratification and how it influences what goes on in many social interactions among people

In week 3, we discussed social stratification and how it influences what goes on in many social interactions among people. Imagine you are a sociologist who works for an elected official who has no background in sociology or a related field. You have been assigned the task of identifying an important example of social stratification …

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External Economic Factors

            Select an economic trend from the Vistage report. What are your thoughts on the effect of this trend on the national economy? Find information from at least one outside source to provide new insights and information about the effect of this trend on the national economy.    

Shifting Economic Foundations

The U.S. economy started shedding manufacturing jobs and gained services sector jobs in the 1990s, a trend that has largely continued. Why has this been so prevalent and how has it impacted wages and employment levels? Finally, how do employment levels (unemployment rates) impact wage levels?

A capitalistic economy

Many would argue that in a capitalistic economy, the government cannot provide goods and services as efficiently as the private sector. For example, most arguments for and against the Affordable Health Care Act center on the efficiency of the government in managing and operating a health care system. Do you think the government can provide …

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Economic Models

From the IMF publication readings, “Economic Models: Simulations of Reality” in part 1, define economic model. What makes a model good or useful? Why does a model fail?

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