Should Peyton Manning mow his own lawn? Suppose Peyton can do the job in 2 hours, or he can hire a gardener, Kris, to do it in 3 hours. Kris charges $30 an hour. Who should do the job, Peyton or Kris? Explain.
Case Assignment After reviewing the information listed on the background materials page, address the following questions in an essay or short-answer form. Support all your answers with references: 1. Explain the difference between positive and normative economics. Give a real-time example of each that you found in doing some outside research. 2. After doing some […]
Analyse the successive phases of economic growth in Sub-Saharan Africa since the 1960s. Against this background, critically evaluate the various theories of the determinants of growth, using examples of one or more Sub-Saharan African economies.
Assume that the MBA education industry is constant-cost and is in long-run equilibrium. Discuss what long-run equilibrium means. Demand increases, but due to strict accreditation standards, new firms are not permitted to enter the market. Analyze the determination of a new long-run equilibrium, showing the effects with the aid of graphs for a representative school […]
Owners or management of sports leagues have often argued that amateur drafts improve competitive balance. Has competitive balance improved in leagues that have amateur drafts (e.g. MLB, NFL and NHL)? Has competitive balance possibly changed due to other factors?
Designing optimal carbon policies To reach Net Zero by 2050 significant reductions in carbon emissions are required. Looking at the current policy landscape there is a mixture of overlapping policies , a mixture of consumer- and producer-based taxes, emission standards etc. In this essay, answer the question “Is the use of a mix of […]
The Presidential candidate Joe Biden promised during his 2020 presidential campaign to raise the Federal Minimum Wage to fifteen dollars ($15.00) per hour. Since he took office in January this year, President Biden has tried to fulfil his campaign promise by including this wage proposal in his COVID-19 relief package. This effort was stalled on […]
Description The intended learning outcomes of the assignment are: Completion of this assignment will allow you to demonstrate having met the following module learning outcome: Ø LO2: Appraise theory and its application in a variety of international business and economic contexts. Ø LO3: Evaluate problem-solving strategies for businesses and policymakers for effective contracting and transacting […]
COVID-19 Vaccine: Write a position paper in support or opposition of using the market for allocating Covid-19 vaccines to the population.
Task: Critically evaluate theoretical explanations of behaviour at one level of aggregation. Aspects which need to be included are: • Define a level of aggregation (individual, firm, state or supranational or international institutions) • Choose one theory and explain with the help of this theoretical viewpoint the behaviour at the selected aggregate level, for instance, […]
