4232-q

examine the academic curriculum and dicuss the challeges confronted by scholars of the following areas of specialisation. 1, Agricultural economics 2, Environmental Economics 3, international Economics

Econometrics, Regression, Tariffs

Please see questions in attachment - please explain.

4347-q

1. "If price rises then demand decreases. But if demand decreases, then equilibrium price will fall. Therefore, one cannot say with certainty what the net effect of an intitial decrease in price will be." Is this statement correct? Are all the terms used correctly in this statement? Let me know your thoughts. How would you describe the impact of the minimum wage on unemployment using demand, supply and competitive equilibium analysis? What do you think?

4425-econ

Category: Economics > Macroeconomics Subject: calculate autonomous aggregate demand / short-run output / multiplier Details: C = 350 + 0.75(Y-T) - 200r Ip = 200 - 500r G = 250, T = 200, NX = 50 r = 5.75% Answer the following questions using the above information. Show workings. a) Caluclate autonmous aggregate demand. b) Calculate the short-run output. c) Calculate the multiplier. d) If Y* is 2500 what is the amount of the gap, and what type of output gap is it? e) What would the interest rate have to be to eliminate the output gap?

4465-microecon

Category: Economics > Microeconomics Subject: Long Run Details: In the economic theory of the firm, we generally discuss only two factors, labor and capital, and in the short run labor is the variable factor and capital is the fixed factor of production. The long run is a period of time that is long enough for all factors of production to be changed. It is not measured by the number of calendar days, but in how long it takes to change the quantity of capital used by a firm. Think of the length of time to enter an industry, for example. (A) Briefly explain why capital is the fixed factor in the short run, and not labor. (B) Then describe (1) a business or industry where the long run is ... click for more