Download Category: Economics

The difference between positive and normative economics The Market For Babies Describe the difference between “positive” economics (what-is or what-if statements) and “normative” economics (what should statements). Which type of proposition (positive or normative) do you think it would be easier to get a consensus on, and why? [Positive analysis] As we all know, at … Read more

What effect may outsourcing have on domestic prices Description There has been much talk in recent time about outsourcing and “sweatshops.” Outsourcing is usually defined as occurring when a company chooses to export some of its production to foreign countries. Jobs in which foreign workers work in “substandard” conditions and are paid lower wages (than … Read more

Ways that researchers attempt to control extraneous variables. DISCUSSION QUESTIONS FOR WEEK 4 (D4T1) Compare independent variables, dependent variables, and extraneous variables. Describe two ways that researchers attempt to control extraneous variables. Support your answer with peer-reviewed articles. Requirements for the Discussion Post: Each post must be substantive and have two references to support what … Read more

What factors are driving recession fears Read the article and answer the question(economics) 1) According to this article, what factors are driving recession fears? 2) Why does this author not believe that a recession is imminent or serious? 3) What areas of uncertainty remain in the U.S. economy? What else is are areas of vulnerability? … Read more

Managerial economics Managerial economics :2-1 Airline Delays How will commercial airlines respond to the threat of new $27,500 fines for keeping passengers on the tarmac for more than three hours? What inefficiency will this create? 2-2 Selling Used Cars I recently sold my used car. If no new production occurred for this transaction, how could … Read more