Discussion: Aggregate Demand and Supply

Between 2007 and 2009, the United States experienced a severe financial crisis and economic downturn commonly known as the Great Recession. Starting in 2006, housing values fell 30%, causing losses in mortgage-backed securities for families and financial institutions. The recession was marked by a drop in aggregate demand that caused a decline in GDP and an increase in unemployment.

Discussion 2 Research Ethics and Misconduct – Research Misconduct

Write a post about the benefit-risk ratio of the Tuskegee Study at the beginning of the study (1932) compared with the benefit-risk ratio after penicillin is accepted as the treatment for syphilis (1945). In addition to the change in the benefit-risk ratio, what other aspects of the study were not ethical?

1-2 Discussion: Thinking Like an Economist

An economist plays two roles: scientist and policy advisor. As scientists, economists explain the world, and as policy advisors they help improve the world. Because these two roles have different goals, they require different types of language. Economists as scientists make positive claims, whereas economists as policy advisors make normative claims.

Analysis project A

Develop your own research hypothesis to use in a one-sided two-sample z-test for population proportions. One way to start is to imagine the potential social impacts of a major historical event, such as the Civil War, Industrialization, or the Great Migration. Then, think how such an impact might be reflected in a quantitative form in the Census. What can be measured depends on what questions were asked in Census used at that time. Search on “index of census questions” to find a breakdown of which questions were asked and when.

5-2 Simulation Discussion: Production, Entry, and Exit

In a competitive market, there are many buyers and sellers. The goods offered are largely the same, and firms can freely enter or exit the market. Buyers and sellers are both price takers. The amount of output produced determines the revenue of a firm

Case study assignment on Conger’s model

You are the Vice President of Operations at a company who is tasked with researching and determining if your company should offer an internship program. Your boss, Daymond John, asks for a memo with your findings and suggestions about implementing an internship program at the company, due first thing Monday morning.