Consider a variant of the overlapping generations economy from class. Time runs forever, but each agent (household) life for two periods. In each period, there is one (representative) young HH and one (representative) old HH alive. Think of the old generation at time t as parents and the young generation at time t as their children. Parents want to consume, but they also want to leave money to their children.
The scrapbook topic should be one for which you think there will be at least two articles per week. For example, a student may choose to follow news that affects a particular sector or news on interest rates, on insider trading, on energy prices, on a regulatory event, or on some related group of events. The intent is that you familiarize themselves with real world happenings during the course, and enjoy learning something about a business topic that interests you. The scrapbook should begin with a summary of the articles (3 pages, double spaced). Ideally, this summary will link the items in the scrapbook into a bit of a story that will help make sense of the topic. That is, show me what you have learned from following your topic for all these weeks. Being able to organize what you learn into a narrative suggests that the topic you elect should not be too broad, or there will not be enough relationship among the articles to make a story. NOTE: Only do the summary. The topic I chose is “interest rates” Below are the news and articles on which the summary will focus.
Most of the articles are not long January 10 Canada loses nearly 46,000 jobs in December http://www.cbc.ca/news/business/canada-loses-nearly-46-000-jobs-in-december-1.2491374 January 13 Why are mortgage rates hitting record lows? http://www.cbc.ca/news/business/why-are-mortgage-rates-hitting-record-lows-1.1136311 January 16 Talk of rising interest rates no reason for homeowners to panic http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/talk-of-rising-interest-rates-no-reason-for-homeowners-to-panic/article16369902/ January 19 Royal Bank quietly cuts some mortgage rates http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/royal-bank-quietly-cuts-mortgage-rates/article16402627/ January 21 Canadian dollar drops half a cent after Bank of Canada rate decision http://www.ctvnews.ca/business/canadian-dollar-drops-half-a-cent-after-bank-of-canada-rate-decision-1.1648644 January 22 5 things to know about interest rates right now http://globalnews.ca/news/1099835/5-things-to-know-about-interest-rates-right-now/ January 29 Tax Season Turkey, South Africa raise rates to stop currency mayhem http://www.cbc.ca/news/business/turkey-south-africa-raise-rates-to-stop-currency-mayhem-1.2515736 January 31 Colombia holds interest rate to drive growth, lift inflation http://www.reuters.com/article/2014/01/31/us-colombia-rates-idUSBREA0U1I920140131 February 3 Tame growth for Canada’s economy means low interest rates for longer: IMF http://business.financialpost.com/2014/02/03/imf-canada-rates-monday/ February 6 Bank of England leaves interest rates unchanged at 0.5% http://www.theguardian.com/business/2014/feb/06/bank-england-interest-rates-unchanged-mpc February 11 Fed in no rush to hike interest rates — chair http://thechronicleherald.ca/business/1186372-fed-in-no-rush-to-hike-interest-rates-chair February 12 Canadian Dollar Modestly Higher After Ceding Earlier Gains http://online.wsj.com/article/BT-CO-20140212-712815.html February 19 Pension deficits shrink thanks to higher interest rates http://www.thestar.com/business/personal_finance/retirement/2014/02/19/pension_deficits_shrink_thanks_to_higher_interest_rates.html February 21 Canada's inflation surge dims chances of interest rate cut http://business.financialpost.com/2014/02/21/canadas-inflation-surge-dims-chances-of-interest-rate-cut/ February 24 Rates rise aside, bonds still a good bet http://www.cnbc.com/id/101362479 February 27 A Safer Way to Trade Interest Rate Swaps http://www.businessweek.com/articles/2014-02-27/interest-rate-swaps-trading-comes-out-of-the-shadows March 3 Bank of Canada keeps policy interest rate unchanged at 1% http://www.citynews.ca/2014/03/05/bank-of-canada-keeps-policy-interest-rate-unchanged-at-1/ March 5 Changing bond strategies as interest rate hikes loom http://business.financialpost.com/2014/03/05/changing-bond-strategies-as-interest-rate-hikes-loom/
ECO 550 Week 1 Discussion Question 1
Answer the following discussions based on the Katrina’s Candies scenario: From the scenario for Katrina’s Candies, examine the key factors affecting the demand for and the supply of a good in general and Katrina’s Candies specifically. Distinguish between a change in demand and a change in the quantity demanded (movement along the demand curve).
Building some over-capacity in the supply chain network and making the capacity flexible allows a firm to alter production flows within the supply chain to:
1) produce more in facilities that have a higher cost based on current exchange rates.
2) produce less in facilities that have the same cost based on current exchange rates.
3) produce more in facilities that have a lower cost based on current exchange rates.
4) produce less in facilities that have a lower cost based on current exchange rates.
20. The definition of cross-market subsidization is A. the practice of getting a company' s home government to help finance, and otherwise subsidize, its entry into the markets of foreign countries. B. using cross-border transfer of a company' s skills and expertise as a basis for successfully overcoming the barriers to entering new country markets. C. supporting competitive offensives in one market with resources and profits diverted from operations in other country markets. D. the practice of shifting company resources from nations where a company has big-profit sanctuaries to nations where it has smaller profit sanctuaries.
(Full Ricardian Model: Basic (30 points)) Consider 2 countries, Holland and Sweden (H and S). The marginal productivities of one year of labor in the industries Machinery (M) and Furniture (F) are given in the following table: Marginal Productivity of One Year of Labor Each country has a population of 10 million people, all of whom provide one unit of Labor. Graph the PPFs for Holland and Sweden. Throughout the problem, put Machinery on the X-Axis. As in lecture, assume that the national utility function is the same in each country and given by a Cobb-Douglas formula (M, F) =M1/2F1/2.
What is the formula for the Marginal Rate of Substitution? In autarky, what is the production/consumption levels of M and Fin Holland? In Sweden? What is the utility level for Holland in Autarky? For Sweden? Plot the excess demand and excess supply curves for Machinery at world price ratios (P=Pm/Py) bet greater than 1. (As part of this, you’ll need to determine which country is the excess demander and which is the excess supplier for M.) At what price ratio does excess demand equal excess supply for Machinery? At the price ratio you found in part f, how much Furniture is exchanged across the countries? After trade, what is the utility level for Holland? For Sweden?
The demand for pickles is given by p = 167 -3q and the supply is given by p = 5 +6q. What is the equilibrium quantity? a. 15
b. 23
c. 113
d. 18
e. None of the above. . ..
Consider a market where supply and demand are given by QXS = -10 + PX and QXd = 68 – 2PX. Suppose the government imposes a price floor of $30, and agrees to purchase and discard any and all units’ consumers do not buy at the floor price of $30 per unit. Instructions: Enter your responses rounded to the nearest penny (two decimal places). a. Determine the cost to the government of buying firms’ unsold units. $ 360 b. Compute the lost social welfare (deadweight loss) that stems from the $30 price floor. . .
Problem 3 According to the neoclassical theory of distribution, the real wage earned by any worker equals that worker’s marginal productivity. Let’s use this insight to examine the incomes of two groups of workers: farmers and barbers. a. Over the past century, the productivity of farmers has risen substantially because of technological progress. According to theme-classical theory, what should have happened to their real wage? b. In what units is the real wage discussed in part (a)measured? c. Over the same period, the productivity of barbers has remained constant. What should have happened to their real wage? . . .
Assume that advertising shifts the demand curve for jeans to the right along the supply curve which pushes the jean price up by125%. If the old equilibrium price of jeans is $8.76/pair and the old equilibrium quantity is 230 million pair, the elasticity of jean supply is 0.60 and the elasticity of demand is -0.766, what is the new equilibrium quantity demanded of jeans? What is the new equilibrium quantity supplied? . . .
The Nature of Anthropology
According to the professional code of ethics of the American Anthropological Association, an anthropologist' s primary responsibility is to the people he or she studies. Discuss the ethical issues that might arise where there is a conflict of interest between the scholar' s commitment to the “truth” and his or her commitment to people.
The Differences between culture and society.
Distinguish between culture and society. Do they always go together? In addition, distinguish between sex and gender.
Forensic Anthropology
Who is Clyde C Snow? What did he contribute to the field of anthropology?
Famous Anthropologists
Who were Frank Cushing, Milat B. Coxey Stevenson and John Wesley Powell? What did each contribute to the field of anthropology?
Research via the internet and find an article in the news regarding wireless hacking, hardware hacking, or other security breach.
As security and IT change so rapidly, your article should be no older than 2007 (i.e. Less than 5 years old).
Here’s links for two articles, choose one of them:
http://online.wsj.com/news/articles/SB10001424127887323926104578276202952260718
http://money.cnn.com/2011/07/27/technology/organized_cybercrime/ ……
Paper instructions: I
This essay needs to describe why need psychopaths in our society to function. (doctors, lawyers, ex). We are writing to an uninformed audience. Single spaced. It must also tie in with economic mobility. ……. ….
Paper instructions:
Explain the extent to which EU competition law controls the terms of
agreements made between suppliers and their distributors. Consider what
objectives these rules seek to achieve and discuss whether such objectives
are met.