November 4, 2021

Short and long-term forecasts, forecasting techniques

  Demand forecasting results in an estimate of future demand and gives an organization a basis for planning and making sound business decisions. Since the future […]
November 4, 2021

Why should the government help the losers from free trade

file:///C:/Users/user/Downloads/PavcnikHowshouldgovernmentshelpthosehurtbyinternationaltrade.pdf Read the article “How should governments help those hurt by international trade?” by Nina Pavcnik, published in The Economist in 2018. According to the author, […]
November 4, 2021

How income elasticity affects a normal versus an inferior good

How do you think income elasticity affects a normal good versus an inferior good?   · Provide an example.
November 4, 2021

Pricing Model

    The Book Club has paid a famous local poet $1500 to read her latest masterpiece “EconomiX” at their next gathering. The local community has […]
November 4, 2021

Sound economic reasoning

  Daniel Jones thought he was getting his girlfriend the best surprise Valentine’s Day gift ever. He bought two airline tickets for the couple to fly […]
November 4, 2021

The economic system in the U.S.

    What type of economic system does the U.S. have? In what ways does the U.S. government intervene in the economy? Who benefits from government […]
November 6, 2021

Key Vocabulary and Concepts

  Please define and explain each of these terms. Aggregate demand (AD) Aggregate supply (AS) Austerity Contractionary fiscal policy Expansionary fiscal policy Expansionary monetary policy Fiscal […]
November 8, 2021

Supply and demand

  How does the supply and demand of college students impact the price of college tuition today? What have you (college students) noticed about the price […]
November 9, 2021

Foreign direct investment (FDI)

  1. Define foreign direct investment (FDI) inflows. 2. Explain the different factors that attract inflows to Sub-Sahara African countries 3. Identify the top five FDI […]