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You are required to write an individual assignment reportbased on the following criteria (see section 2). First, download the latestannual report of a (only ONE) bank. You can choose any bank listed in any stock market in the world. However, you should only choose a bank which provides sufficient information to address the following issues. For those who choose Malaysian bank, download the annual report from the following link: https://www.bursa...
Question 1 Engineering economics involves formulating, estimating and evaluating the expected economic outcomes of alternatives designed to accomplish a defined purpose. Mathematical techniques simplify the economic evaluation of alternatives.Engineering economics helps with desicions, computer, mathematic, concept, and guidelines assist for people in their decision making process. Since most decision affect what will be done, th...
USA Initial Conditions1.We assume that the world consists of two large open economies, USA and China. USA Initial Conditions Cd = 300 + 0.4(Y-T) – 200rw Id = 200 – 200rw Y = 1000 T = 200 G =275 China Initial Conditions CdF = 450 + .4(YF – TF) – 300rw IdF = 250 – 300rw YF = 1500 TF = 300 GF = 300 a.What is the equilibrium interest rate that clears the international goods market? Show all work&nbs...
Problem 1Problem 1 Suppose you have 8 used Varian’s Intermediate Micro textbooks, which you want to get rid of. There are 8 potential buyers who are willing to buy your used textbooks. You know how much each potential buyer is willing to pay for a single book. Let’s call this amount the reservation price. Reservation prices of potential buyers are in the table. Buyer A B C D E F G H...
Practice 1: Economic Analysis of a Construction Equipment PurchasePractice 1 A construction company bought a 180,000 metric ton earth sifter at a cost of $65,000. The company expects to keep the equipment a maximum of 7 years. The operating cost is expected to follow the series described by 40,000 + 10,000k, where k is the number of years since it was purchased (k = 1, ..., 7). The salvage value is estimated to be $30,000 for years 1 and 2 a...
The Impact of Tariffs on the US NIIRU1. a. What will happen to the US NIIRU (aka NAIRU or un) if President Trump, by putting “America First,” imposes tariffs on many goods from many countries? Be sure to explain what this “shock” is; use the un equation to check. b. Use the extended IS-LM model linked to the PC graph to examine the SR and MR effects of this “deglobalization” shock. Assume the US start...
DataChoose a topic and hypothesis of your choice, find an appropriate dataset, estimate a regression model, and present your model and results in a short essay. Interpret your model in light of the assumptions you are making when estimating regression models. You can choose any topic or dataset that might interest you. If you need some inspiration, https://ourworldindata.org/ has fascinating long-run datasets, there is also a list of many datase...
Overview of the ProjectThis project involves choosing product market(s) for your project analysis, using microeconomics concepts discussed in Lectures 1 to 5. The product or service market can be either general or specific, local or international. Some examples of product or service market: • Smartphones (general)• Apple iphone (specific brand in the smartphone market)• Starbuck Coffee in China (local, specific to a country)&bu...
Microeconomics vs MacroeconomicsIn this Assignment, you will be assessed on the following outcome: Evaluate opportunity costs in the business decision-making process. 1. Analyze whether each of the following is primarily a microeconomic or macroeconomic issue. Briefly explain your answers. i.Setting the price for a cup of coffee. ii.Measuring the impact of tax policies on total household spending in the economy. iii.A household&rsqu...
Guidelines/Formative Tasks The following formative tasks are DIRECTLY RELATED to the final assessment of this module. The report you will have to submit will include MOST of the following elements. You will receive feedback in class on your preparation (which will help with your assignment). You will be able to use your findings to prepare you for the Guest Speaker lectures and to underpin discussions in class. The Class ...
Problem 1: FairnessAnswer as briefly as you can and up to the point to all questions. Write down your answers in a separate document and submit your work on Moodle by clicking on the relevant submission link. Your submission needs to be in a single file. If you need to draw graphs by and to answer a certain question, scan and edit them appropriately. Then, include the scanned graph in your submitted document. Problem 1. Fairness Consider the...
Assessment RequirementsInstructions for assessment The coursework assignment requires students to submit a 2500 word report by the above deadline. The basis for the report involves students being allocated a country in which they need to provide an assessment of the business environment prevailing in that country. Another important feature of the report is that it should be focused around a particular business organisation. Therefore, the repor...
You will read the article Zombie Economics by Patrick McCormick and answer the following questions. 1. What is the purpose of the article?Answer: 2. How is the ‘zombie metaphor’ used to relate to economics?3. Why, in your opinion, do you think that zombies are a popular metaphor?4. In the last paragraph of the article, the author offers a solution to the pr...
Question 1 Suppose an hour’s labour produces 10 kg of rice and 5 meter of cloth in India, and 5 kg and 2 meter in Thailand. Using opportunity costs, explain which country will export cloth and which will export rice in trade? (10 marks) Question 2 Suppose Mike and Johnson produce two products-hamburgers and T-shirts. Mike produces 10 hamburgers or 3 T-shirts a day and Johnson produces 7 hamburgers or 4 T-shirts. Assuming they can devote...
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