Economics homework help

Write one page on how geography and institutions have shaped the economic development of your assigned country.
First, describe the geography (Is transportation easy? What are the natural resources?) and the institutions (Was the country colonized? How is it governed now?) in some detail. Then, explain how these factors might have mattered for growth.
Suggested sources: Diamond, Allen, websites from Week 1’s assignment. If you are finding it hard to find specifics on your country, talk about the region of the world (e.g. West Africa for Ghana).
Requirements:

  • 12 point font (Times New Roman, Computer Modern, or something similar)
  • Double spaced
  • 1-inch margins
  • Cite at least 2 sources (one of which should be on the reading list)
 
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Managerial accounting

Problem 1

Regarding cost allocation theory you are asked to describe;

1. What is the purpose of cost allocations,

2. What are the consequences of allocating costs/not allocating costs,

3. The basic principles in;

a. The Direct Allocation Method,

b. The Step-Down Method and,

c. The Reciprocal Allocation Method.

4. Discuss advantages and disadvantages for each of the three methods.

Problem 2

Regarding budgets for the following characteristic and design choices;

 Budget ratcheting,

 Participative Budgeting,

 Line-item Budgets,

 Budget Lapsing and

 Incremental Versus Zero-based Budgets,

discuss advantages and disadvantages using the perspective of decision making as well as decision

control.

Problem 3

Define Absorption Cost Systems and Activity Based Costing. Discuss what kind of problems the two

systems are supposed to be able to solve and consequences that might appear by using them. The

three-legged stool perspective is expected to be used in the discussion.

Problem 4

Regarding responsibility the curriculum operates with different types of centers. Describe these

center types, their purposes(s) and their limitations regarding allocation of decision rights and

performance measures.

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Managerial Economics

Principal-agent relation is linked to the issue of moral hazard? Using a suitable empirical context, assess the severity of the problem and briefly suggest possible solutions to the problem(s) that you have identified   Discuss how the principal-agent relation is linked to the issue of moral hazard? Using a suitable empirical context, assess the severity of the problem and briefly suggest possible solutions to the problem(s) that you have identified

For Managerial Economics module
Demonstration of an understanding of the economic environments in which business entities operate and how managerial decisions can vary under different constraints.
Demonstration of the ability to consider and apply economic theory to the real world behaviour of firms.

1. In completing this task, be sure to draw on the concepts and analytical tools you have learnt about during the module, making direct reference to subject materials (i.e. the prescribed text, courseware and other resources).PLease send me email address so I can attach links to relevant lists and lecture notes thankyou
Students who fail to comply with this directive will find it difficult to receive a pass mark.
2. High marks will be awarded for good, critical analysis, rather than for content merely cut and pasted from websites and other electronic sources.
In particular, the following assessment criteria and weightings will apply:

  • Assignment Structure: clarity of aims, objective, structure and presentation (15%)
  • Quality of Writing: Readability and ability to convey key message(s) concisely (10%)
  • Quality/Scope of Literature Review: Understanding of established knowledge (15%)
  • Suitability of Literature: Use of suitable sources, focused to answer key research aims (10%)
  • Literature Analysis: Quality/level of analytical skill demonstrated (20%)
  • Insightfulness of Analysis: Interest and usefulness of findings, use of appropriate examples, conclusions drawn (15%).
  • Understanding: Assignment demonstrates student has understood key topics (15%
 
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Fiscal Policy Discussion Assignment

Fiscal Policy Discussion Assignment

  • Download and Read “Questions about Fiscal Policy: Implications from the Financial Crisis of 2008-2009.” By N. Gregory Mankiw.
  • After reading the article, answer the following questions:
  1. During the crisis of 2008-2009, the Obama’s administration’s stimulus package of 2008 included both government purchases ($787 billion were invest in infrastructure, Fiscal Policy Discussion Assignment education, health, and renewable energy) and tax rebated (at least $300 tax rebate per eligible single individual and at least $600 for married couples) to stimulate the economy.

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    From the textbook, we know that government purchases multiplier is larger than the tax multiplier. Since tax multiplier is smaller in the economy (per textbook), wouldn’t it make more sense to only focus on the government purchases in the economic stimulus of 2008? What empirical insight does the article by Mankiw provide on the decision of the Obama administration to have both large government purchases and tax rebates in 2008 as part of the stimulus?

  2. According to the article, what are some of the more subtle (indirect) ways that economy can be stimulated through tax incentives? Given what you have learned about the supply –side economics, defend a position on using taxes more/less than government purchases as a fiscal tool.
  3. Value-added tax (VAT) is a tax widely used in Europe, as discussed in the article. What would supply-side economists say about potential implications for the economy of VAT in the U.S. if such tax was to be implemented?

Fiscal Policy Discussion Assignment

 
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