Category: Economics homework help

 
Each student is required to submit a research proposal (please look up the meaning of a ‘research proposal’) for their final paper. The subject of the final paper is “An Ethical Framework for Doing Business” in a specific country with a free trade agreement with the United States of America (consult “The Office of the United States Trade Representative” for a list of countries].  The subject matter covers best practices for doing business ethically, legally, effectively, and in a culturally sensitive manner in pursuit of business goals in a foreign country. 
Students are required to submit a two or three-page research proposal for the final paper detailing,

A specific topic for the final paper:  “An Ethical Framework for doing Business in [Country with a Free Trade Agreement with the US)”
A brief review of academic literature about the topic
A Rationale (logic, significance, and relevance) for the final paper
Any relevant background information about the topic/country, etc.
A summary of the methods and sources that will be used in the final paper
A preview of the ‘expected’ results and/or conclusions of the final paper (note: this may change as the research progresses).

Students must identify the specific country that will be the focus of the paper in their research proposal. 
For greater specificity and quality, students must limit the scope of their final paper to a specific sector, industry, or a specific hypothetical business venture.
Submissions must be made as Microsoft Word documents, formatted in APA style (please also see School of Business Writing Manual). 
Please note that the Final Paper (Session Seven) must incorporate sources and information gleaned throughout the class: Annotated Bibliography, the Survey Questionnaire, Case Studies, Article Reviews, principles, concepts, and theories discussed in the text, the Foreign Corrupt Practices Act (FCPA), and other additional sources encountered during research.

 TWO TO THREE PAGES
NO AI
ENDNOTES FOR CHAPTER FOUR ATTACHED BELOW FOR ARTICLE SUGGESTIONS 
Submit an Article Review of an academic (‘refereed’) journal article which discusses the intersection of culture and business in an international setting.  The summary must be about two to three pages long (not including cover page, reference page, or any additional material such as appendices, if any) and should cover the general method and approach as well as the main points of the article and its contribution to the study of the intersection of culture and business in an international setting.  Although students are not restricted in their search for such an article, a good place to start would be the journals and articles listed in the endnotes of chapters 4, and 5 of the text (Doh and Luthans, 2018).  Submissions must be made as Microsoft Word documents, formatted in APA style.  please also see School of Business Writing Manual.  

In chapters 1 and 2, you will start reading about how economics “paints a picture” used to interpret real-world situations but may be based on estimations, averages, and what should happen rather than what is happening. For this discussion, research a recent article about the economy and reflect on the economic model instead of what happened in the economy. Please make sure your journal articles are within the past ten years and are journal articles, not Wikipedia, not Investopedia, or newspaper articles like the “Wall Street JournalLinks to an external site..” 
Discuss the role of economic modeling as it pertains to the following concepts:  
Write one paragraph describing the article you found and how the model represents the economic situation. Highlight what method was used, for example, estimation of the number of people in the labor market or did they use accurate numbers. Make sure you reference your journal article in MLA or APA formatting. 
Write one paragraph examining the impact of the Economic Model on decisions that will be made. This could be the government, the Federal Reserve Bank, Businesses, or Customers. Provide a real-life example of how the information can be used by one company or customer to inform their decision-making. 
Write one paragraph reflecting upon the Production Possibility Frontier (PPF) and how business decisions are based on the limitations put on them by this model.  

The table below shows the output per week of two manufacturers, Serena and Venus. They can either devote their time to making Yogurt or making Ice Cream. 
The output per week of two manufacturers
                       Serena             Venus 
Yogurt:         750 Gallons      800 Gallons 
Ice Cream:    950 Gallons      900 Gallons 
 Answer the following questions with an explanation of why you determined the answer: 
Who has the absolute advantage in making Yogurt? Explain why. 
Who has the absolute advantage in making Ice Cream? Explain why. 
What is Venus’s opportunity cost of making a Yogurt? Explain why. 
What is Serena’s opportunity cost of making a Yogurt? Explain why. 
What is Venus’s opportunity cost of making Ice Cream? Explain why. 
What is Serena’s opportunity cost of making Ice Cream? Explain why. 
Who has the comparative advantage in making Yogurt? Explain why. 
Who has the comparative advantage in making Ice Cream? Explain why. 
You and your neighbor are the only people in the world that produces cashews and mushrooms. You do not engage in trade with each other. On your own, you can each produce the following per day: 
Cashews and Mushrooms Production
                                                       You                                                  Neighbor 
                                         Cashews        Mushrooms             Cashews          Mushrooms 
Only gather cashews:      12 pounds          0 pounds                 5 pounds            0 pounds 
Only gather mushrooms:    0 pounds          6 pounds                 0 pounds            5 pounds 
 Right now, you each split your time between gathering each product. You currently gather and consume eight pounds of cashews and two pounds of mushrooms, while your neighbor is gathering and consuming three pounds of cashews and one pound of mushrooms. Show numerically how specialization and trade with each other can make you better off. Who specializes in the production of each product, and what trade could you then make with each other that would benefit both of you? Explain your answers. 

 
Assignment Details
Before selling products internationally, business owners should evaluate prospective countries to determine if they are a good fit for the business. Many factors could potentially disqualify a country as a strong market location for your company.
Watch the following videos to learn about countries with the greatest opportunities for international success:
10 Best Countries to Invest in Business
15 Countries Americans Are Not Welcome In
Several factors may disqualify a country from international consideration, including the following:
Historically having political differences between the country and the United States
A recent history of military actions or wars between the country and the United States
Cultural, religious, or social differences and conflicts
After watching the videos, download this assignment template. Then, in a 3–5-page paper, respond to the following:
Why is it important to closely evaluate countries before selling in them?
What are 1–2 countries with great potential for American companies and why? 
Who are 1–2 countries that may not want to purchase American products and services and why?
Why do American culture, values, and political ideologies matter when selecting international markets?

 
Primary Response: Within the Discussion Board area, write 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
For this Discussion Board, please complete the following:
The United States is a member of several foreign trade agreements around the world. The North American Free Trade Agreement (NAFTA) is an example of a foreign trade agreement between the United States, Canada, and Mexico. This agreement established guidelines for how the three countries engaged in mutually beneficial business practices.
NAFTA is very controversial and is believed to be the reason for many Americans losing their jobs when companies began shifting their operations to other countries to lower operating costs.
Watch this video to learn more about NAFTA and the role it has had in the U.S. economy:
NAFTA Explained by Avocados and Shoes 
Using what you have learned from the videos, discuss the following with your classmates:
What are the trade benefits of NAFTA to the United States, Mexico, and Canada?
How has NAFTA benefited American consumers? Explain your answer.
How has NAFTA negatively impacted American workers and businesses?

This is your second one, so you know the set up but this is a little different.
Economics is a way of thinking about the world. You are close to having at least 2 courses of instruction of instruction in the subject, so this is more of a personal statement: What have you learned in this class or in all the economics courses you have taken? What did you learn that surprised you? How do you think differently then before, or do you? What do you understand differently or better than before?
It is to be no more than 2 pages, APA formatting (no title page or abstract), this is a personal statement so sources are not necessary but I would expect you to have some so use APA for citing them. Be creative and interesting.

Genesis 41, our theme verse for week 9 but something of an overriding passage for this whole section, tells of a severe business cycle, although maybe not as severe as we may think; not to equate anything since we do not have enough details to do and obviously the 7 leans years in Egypt were extremely hard but the 1920’s and 1930’s could be described as roughly 10 fat years and 10 lean years for many nations including the United States. and 2002 – 2007 could be described as 6 fat years and 2007-2014 as 7 lean years as well. True the entire nation was not starving as in Egypt but the 1930s saw unemployment at 25% and many did face hunger issues. All that said, are there any lessons in Genesis 41 that can apply to modern economies in how to prepare for or respond to lean times? Is there a hint Keynesian economics in Joseph’s approach to increase taxes during the good years and run a deficit during the lean ones? Or did he? How is Joseph’s plan significantly different from Keynes? How were God/Joseph’s goals and results different from the Keynesian approach or is this result inevitable outcome of government planning and economic management?
 No more than 3 and APA format (no abstract or title page). 

NO AI AND 1-3 PAGES
 Locate a refereed journal article that deals with monetary policy and the overall economy. Write a short summary (1-3 pages). Does the information provided agree with the information in Chapter 13 in the textbook by Farnham? Did you see how the the information could be helpful if you were the manager of an organization? Explain. Be sure to look for refereed journal articles not newspaper or other non-refereed sources. 
The book is :
Farnham, P. G. (2014). Economics for Managers. Pearson
chapter 13 The Role of Money in the Macro Economy
 The article needs to be related to anything discussed in the screenshots below

  Heavy pressures on company managers to meet or beat performance targets. Personnel find themselves scrambling to meet the quarterly or annual sales and profit expectations of investors and financial analysts or to hit other ambitious performance targets. They feel pressured to do whatever it takes to protect their reputation for delivering good results