{"id":429572,"date":"2018-03-05T02:01:34","date_gmt":"2018-03-05T02:01:34","guid":{"rendered":"https:\/\/essaypaper.org\/macro-economics-essay\/"},"modified":"2018-10-24T09:15:46","modified_gmt":"2018-10-24T09:15:46","slug":"macro-economics-essay","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/macro-economics-essay\/","title":{"rendered":"Macro Economics &#124; ESSAY"},"content":{"rendered":"\n<div id=\"post-268562\">\n\t<span class=\"arrow\"><i class=\"icon-left-open-big\"\/><\/span><\/p>\n<p><h6>Discussion Question 2<\/h6>\n<p><span class=\"date\"><i class=\"icon-clock\"\/>March 4, 2018<\/span><\/p>\n<p><span class=\"arrow\"><i class=\"icon-right-open-big\"\/><\/span><\/p>\n<p><h6>Strategic Management<\/h6>\n<p><span class=\"date\"><i class=\"icon-clock\"\/>March 4, 2018<\/span><\/p>\n<div class=\"post-wrapper-content\">\n<div class=\"section the_content has_content\">\n<div class=\"section_wrapper\">\n<div class=\"the_content_wrapper\">\n<p>In Week 2, students will employ the supply and demand model to develop consumer surplus and producer surplus as a measure of welfare and market efficiency. Students learn about welfare economics\u2013the study of how the allocation of resources affects economic well-being\u2013and will discover that under most circumstances, the equilibrium price and quantity is also the one that maximizes welfare. Students will review different sources of externalities and a variety of potential cures and will see that while markets are usually a good way to organize economic activity, governments can sometimes improve market outcomes. Students will see how the U.S. government raises and spends money and the difficulty of making a tax system both efficient and equitable.\u00a0<\/p>\n<p><strong>Assignment Steps<\/strong>\u00a0<\/p>\n<p><strong>Scenario:<\/strong>\u00a0Imagine you have been assigned the responsibility of preparing a paper for the governor&#8217;s next economic conference.\u00a0<\/p>\n<p><strong>Prepare<\/strong>\u00a0a minimum of 800-word paper addressing each of the following:<\/p>\n<ul>\n<li>Explain why equilibrium of supply and demand is desirable.<\/li>\n<li>Explain the following concepts using the concept of consumer and producer surplus:\n<ul>\n<li>Efficiency of markets<\/li>\n<li>Costs of taxation<\/li>\n<li>Benefits of international trade<\/li>\n<\/ul>\n<\/li>\n<li>Discuss how externalities may prevent market equilibrium and the various governments policies used to remedy the inefficiencies in markets caused by externalities.<\/li>\n<li>Include at least one chart or graph to help explain sn economic concept in your paper. Include the chart&#8217;s source citation and a reference.<\/li>\n<li>Analyze the difference between the efficiency of a tax system and the equity of a tax system as it refers to the costs imposed on taxpayers using the benefits principles.\u00a0<\/li>\n<li>Use a Running head on the title page and use a page header on the other pages.<\/li>\n<li>Use a section heading for each topic in your paper.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Discussion Question 2 March 4, 2018 Strategic Management March 4, 2018 In Week 2, students will employ the supply and demand model to develop consumer surplus and producer surplus as a measure of welfare and market efficiency. Students learn about <a href=\"https:\/\/www.benedictsol.com\/blogs\/macro-economics-essay\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-429572","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/429572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=429572"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/429572\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=429572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=429572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=429572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}