Category: Economics

JTCC Micro 202 S&D Assignment.
50 Points
Students,
You will need to create a power point presentation or google slides based on 5 (five) of the below news
articles and then answer the following questions to help demonstrate your understanding of supply and
demand.
Directions:
Step #1 will be to read the articles related to supply and demand which are linked below for of these.
Step #2 will be to fill out the chart below
Step #3 will be to create a graph based on the chart that demonstrates a shift of either, supply, demand,
or no shift and correctly label the graph.
**Please refer to my example at the bottom of this page**
ARTICLES
1. Chili peppers, coffee, wine: How the climate crisis is causing food shortages
Article: https://www.theguardian.com/environment/2022/jun/28/climate-crisis-food-shortages
2. Drought and demand from Arby’s creates a brisket shortage; the article also mentions the
increase in the popularity of brisket.
Article: cbsnews.com/news/brisket-shortage-has-texas-barbecue-lovers-facing-rising-costs/
3. There is an oversupply of oil from increased North American and Saudi Arabian production.
Article: businesstoday.intoday.in/story/oil-prices-brent-crude-extends-loss-on-supply-glut-
jan14/1/214565.html
4. The microchip shortage explained.
Article: https://www.usatoday.com/story/tech/2021/04/02/chip-shortage-car-prices-tech-
items/4849838001/
5. Movie ticket prices continue to increase.
Article: https://247wallst.com/media/2021/03/29/this-is-the-price-of-a-movie-ticket-in-the-
past-25-years/
6. Piano stores close down as fewer young people are taking up the instrument. The article also
mentions that technology has improved so that pianos last longer.
Article: lehighvalleylive.com/music/index.ssf/2015/01/piano_stores_closing_sales_plu.html
7. Consumers become more health conscious and reduce their consumption of donuts.
Article: newsmax.com/health/Health-News/sugary-processed
foodspastries/2014/12/29/id/615359/
8. The increase in Mexican immigrants and an increase in popularity for Mexican cuisine has
resulted in greater consumption of tortilla chips.

Prior to beginning the work on this discussion:
Read the article Monetary Policy: Stabilizing Prices and Output https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Monetary-Policy
Go to Meeting calendars, statements, and minutes (2017-2022) https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
Locate the November 2022 statement and read it carefully.
The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings during a year. Policy statements and minutes of those meetings are posted on the link above. Based on the statement, answer the following questions:
Identify and explain any four macroeconomic policy terms from the statement that was covered this week.
Explain how the Federal Reserve characterize the state of the economy in November 2022.
Discuss the policy actions the Fed announced in the statement.
Provide ONE reason why you agree or disagree with the Fed’s proposed policy action.
The Monetary Policy paper
Must be at least three pages in length (not including title and references pages) and formatted according to APA style as outlined in the Writing Center APA Style
Must include a separate title page with the following:
Title of paper
Student’s name
Course name and number
Instructor’s name
Date submitted
Must utilize academic See the Academic Voice
Must include an introduction and conclusion Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
Must use at least two scholarly, peer-reviewed, and/or other credible sources in addition to the course text.
Must document any information used from sources in APA style as outlined in the Writing Center’s Citing Within Your Paper

Really, Really, Really Important: This written assignment is a required part of this course. You must earn a minimum of 60% on this assignment to pass the course. If you choose not to complete this assignment, you will earn zero points (F) making it impossible for you to pass this course.
1.  Excel Spreadsheet:  (3 points)
Rubric:
3points: Complete Content / Well Organized – Easy to follow
2points: Complete Content / Not well organized – Difficult to follow
1point: Incomplete Content and/or Really Unorganized.
(Google:  CIA Factbook)
A. Choose a country from Africa, Central America, or Southeast Asia. Include your country name in your post. 
B. Using Excel, create a five column spreadsheet containing the following geographic, social and economic data for the US and your country using the two most recent years available in the CIA Factbook. 
If you are not sure how to set this up, just ask! You may use the Country Comparison Spreadsheet provided in the assignment. You may also be creative with color / fonts to make your spreadsheet stand out.
Note: Some items will only have one year available and that is fine!  You do not need to go beyond the CIA Factbook.
1. Region of the World
2. Type of Government
3. Population
4. Age Structure (%’s) 
5. Sex Ratio
6. Life Expectancy at Birth (Male / Female)
7. HIV % – Adult Prevalence Rate
8. School Life Expectancy (Male / Female)
9. GDP(Purchasing Power Parity)
10. GDP per Capita (PPP) – calculated (GDP / Population)
11. Labor Force
12. Unemployment
13. Inflation
14. Debt-External
15. Debt as a % of GDP – calculated (Debt / GDP)
16. Exports
17. Imports 
18. Net Exports – calculated (Exports – Imports)
2.  Word Document (2 parts):
Part 1:  (5 points)
Rubric:
5 points: Answered all four questions / Well Written / Easy to Follow
3 points: Answered three out of four questions / Fairly Well Written / Less than three grammatical/spelling errors
1 point: Answered one or two questions and/or many grammatical / spelling errors
Based on your research discuss the following (One good paragraph for each topic.):
1.  Tell the economic strengths and weaknesses of the two countries. 
2.  Tell whether the countries appear to be in a recession or recovery and explain why.
3.  How would the countries’ social situation (Items #1-8) impact the economy? 
4.  Explain how the countries might be able to improve their economy by focusing on some of their social problems. 
Part 2: Glossary of Terms:  (2 point)
In your own words, define all of the social and economic terms listed above.  Keep the definitions simple. Paragraphs are not necessary.
You do not need to define Region of the World, Type of Government, or Population.   

Please use the attached to answer the following question about 150-200 words. What are environmental externalities and how do they effect environmental economy?
Callan, S., & Thomas, J. (2013). Environmental Economics & Management Theory, Policy, and Applications. (6th ed., Page 62-63). Cengage Learning.

Please use the attached to answer the question 150-200 words. What is Marginal Social Cost of Abatement and what is it used for? Callan, S., & Thomas, J. (2013). Environmental Economics & Management Theory, Policy, and Applications. (6th ed.). Cengage Learning. Pls 83-84

Need someone who is good with excel and understands economics formulas. All the details should be in the pdf. 

Course Project
Your consulting firm was just granted an exclusive contract for Vanda-Laye Corporation. You now must decide your pricing policy. The firm will encounter no fixed costs, and all revenue is after taxes. As your firm has been granted an exclusive contract, your pricing and output decisions will be those of a monopolist.
Tasks:
Analyze what a monopolist is and the effects it could have on the consulting firm.
Evaluate if any antitrust policies need to be put into place.  How will your pricing policy be justified?
Explain the implications of increasing the price you will charge Vanda-Laye Corporation verses what it was previously charged.

Digicel as the slogan says the bigger one better network “that has made a big difference in the economy

Instructions
For this week’s discussion, read Lead Like Jesus chapter 25 “The Habit of Obeying God and Expressing His Unconditional Love”.
Answer the following questions in an initial post. Address each question with several paragraphs. Answers should reflect both your professional experience and the course materials covered this week. Cite the Blanchard, Hodges, & Hendry text and your textbook as appropriate. Other sources are not required, but welcome; if used, cite them as well. Cite all sources using APA in-text citations and a reference list at the end of your post. Initial posts must be at least 300 words in length. Remember to be respectful and professional in all posts; keep company and individual identities anonymous. You may write in the first person. You may wish to compose your post in a temporary document and paste it into the Moodle text box.
Considering the reading and the scriptures from I Corinthians 13 and Matthew 22:36-40, discuss the following questions:
When do I demonstrate this aspect of love in my life?
When do I struggle to demonstrate this aspect of love in my life?
What can you do to more effectively reflect God’s unconditional love to those around you? (Personally and/or professionally)
Reply to the initial post of one classmate with a substantive reply: at least 150 words. Your reply should extend the initial post with comparison to your own relevant experience or to the relevant experience of a third party (cite source). It may present a contrasting view and/or inquire with relevant questions (see the RISE Guidelines for general reply ideas). You may also make smaller replies to other students’ posts to provide encouragement or ask questions; these will not be graded; only the substantive replies receive points.

Part 1- Many people believe that the Federal Government should balance its annual budget just like households, businesses, and state and local government bodies. Explain why this might be a bad idea. Be sure to explain how fiscal policy affects the economy. Remember to include a reference about a cyclically adjusted budget. Respond to this topic and to two other students’ responses by name.
Please respond using critical thinking and good communication skills. Include references when necessary to explain your viewpoints.
Part 2- After reading the Prospect Theory, discuss why during the Coronavirus outbreak in March 2020, people were massively buying toilet paper.
Post your answer by click “reply”. About 1/2 pag