Question: Production decisions in UK manufacturing between 2010 to 2019 Task 1: 45/100 marks: Answer the following question “When and why do inputs and costs impact the production decisions related to the supply of goods and services? Explain these economic concepts using examples from within the UK economy between 2010 and 2019” Task 2: 45/100 marks: Answer the following question “Define and explain how perfect competitio...
Case ScenarioCase Scenario In your group, you are the directors of a property development company (a company that buys sells and rents properties) and you are considering whether you should invest in and construct a new office building in the centre of London. The economy seems to be doing well (post-pandemic and Brexit!) and the amount of vacant office space is reducing sharply. Collectively, you must decide as to whether or not you will inv...
Welcome to this Level 6 module: International Trade Finance and Investment. This is an exciting module which looks at the global importance of international financial markets, trade, and governance. With global trade expected to almost triple by 2050. International Trade Finance and Investment will be the life blood of this expanding and fast paced global market. This module prepares students for today`s changing landscape of international fin...
Welcome to the Module1. Welcome to the ModuleNow you have completed all the taught elements of your post-graduate programme of study and you are asked to complete and pass a final piece of assessment - the Project – to complete your master’s degree. This is a major piece of independent research that will enable you to apply the theoretical, methodological and substantive knowledge that you have acquired during your study of interna...
In agricultural economics, a “supply response function” describes how supply of a commodity responds to changes in the price of that commodity. (a) Estimate a supply response function for canola in Manitoba for the years 1966 to 2021. Carefully explain your model, fully reference your dataset (you will have to find the data), and fully interpret your results. (b) Test the hypothesis that canola response does not elicit a supply resp...
Task In today’s highly-competitive environment, managers must understand how economic forces affect their business and the factors that should be considered when making both effective and ethical business decisions. Thus in this course, MBA students will study and apply significant micro/macroeconomic principles to real-world case studies and business decisions. Moreover, proven analytical tools will be explored and deployed in the decis...
Question: Description: This individual project will be based on the simulation exercise using the simulation tool at the following link: http://www-01.glendale.edu/mmaier/macropolicy/index.html Utilising the simulation tool, you will prepare a report that (i) outlines a recommended policy response to the issue that the Treasury requires your guidance on, and (ii) contains a run-through of your simulation experience in a scenario with random...
Question: Discussion Board Question: This is the question the class is responding to. Incorporate the concepts of game theory with international trade and tariffs. Set up two payoff matrices. Set up the first payoff matrix such that the outcome will be harmful to both countries. Set up the second payoff matrix such that the outcome will be beneficial to the United States. Evaluate the two matrices using current actions by each country to see ...
Task 1Task 1 Question 1a.Using your knowledge of managerial economics, elaborate on the following statements:i.The amount of profits is entirely under the control of the manager.ii.  A firm may sacrifice short-run profits for long-run growth and profitability. Question 2a.Describe market equilibrium using relevant graphs and discuss market surplus and market shortage. b.Suppose there are 100 identical self-service gaso...
Please focus on the following points as you prepare your essay. The essay question requires that you integrate information taken from several different (referenced) sources, to organize that information, and to summarize the information with conclusions that may be new to you. Begin with a thesis statement, (or a claim) that you will explain and justify in your essay. Support your ideas with a rationale and evidence (not opinion stateme...
Supply-side shockAssume you are in a small open economy with flexible exchange rates. The economy experiences a permanent positive demand shock. Draw the PC ?MR, the IS ?RX and the ERU ?AD graphs to help you explain the path back to medium run equilibrium. Draw a graph of the real exchange rate over time and give a brief explanation of its path. How does the medium run equilibrium vary from that in the closed economy? Oil ...
Analysis of Proposed StrategyUsing key topics from this module, develop an export strategy for an exporter in a developing country of your choice for entry into the European market. Please choose a specific country in Europe that the product or products will be exported to. Also ensure that this firm is not already exporting this product(s) to that European country. Write a Report presenting to the board of directors of the chosen expor...
Investigation into the Impact of Macroeconomic Factors on Business ActivitiesDemonstrate an ability to investigate and explain how economic factors can affect business activities. Explain challenges facing business in a global economy. Sir Richard Branson is the founder of Virgin Group which owns a number of businesses ranging from Virgin Atlantic airlines to Virgin media. Sir Richard Branson is well known for the growth and success of his b...
Instructions for Part 2: You can use the “ILAC” style of reasoning in other disciplines too. For example, in Economics we have mentioned the “Law of Demand” and “Law of Supply”. Can you apply these laws to the hypothetical policy scenario below and predict some of the policy’s outcomes? Scenario: Several factors, such as fuel taxes and global supply chain disruptions have, recently, caused petrol prices ...
Produce an Original and Well-Structured ReportStudents are expected to produce an individual report which should be well structured and original, should consist Students should shape their own topic according to the guidelines below and discuss their topic suggestion with the module tutor. The report should relate to issues covered in the module and explore how current trends in international business affect business. Here are some suggestions...