The module resources included examples of healthcare providers adopting innovative strategies to increase access to care. Innovations include expanded service through expedited Medicaid funding, sponsoring charter schools and free care clinics for low-income students, and developing a medical center with an outpatient focus that has flexible service options for partnering physicians.
Which of these innovations do you believe has the best chance of improving access to healthcare services? Support your decision with economic principles.
The following YouTube videos (each are 6 to 8 minutes) are part of an economics travel documentary series that I started in 2012. The purpose is to showcase several countries in each video and to illustrate how economic concepts are all around us.
Instructions (minimum 200 words; replies are not necessary). Due Sunday, July 31.
Watch as many of these videos as you have time.
What country or countries in these videos fascinated you the most? What about these countries did you find interesting? If you have visited these places yourself, what is the most special thing you can share about the country?
If you could visit any place in the world (not just those featured in the videos), where would you go and why?
This assignment asks you to use the knowledge you’ve gained from this course to perform a microeconomics
analysis of a public policy issue, and provide your policy position regarding this issue using economic
reasoning and evidence.
(1) Identify a current federal, state, or local public policy issue that: (a) interests you, (b) allows you to apply
microeconomic reasoning, and (c) has not been thoroughly covered within our class. (You may write about an issue that has been discussed in class if you address the issue in greater depth or in a new direction.)
(2) Research your issue to familiarize yourself with the major policy and microeconomic arguments that relate to
(3) Apply at least one microeconomic concept studied in our class such as incentives, marginal thinking and
sunk costs, opportunity cost, elasticity, competition, externalities, public or common property goods, efficiency,
poverty and/or equity, etc., to develop a policy position regarding your issue.
(4) Identify your target audience and advocate for your position.
What to Submit:
The product of this assignment is an original one (or at most two) page (less than 500 words, excluding references – Policy memos must be short or they won’t be read by busy politicians or voters!) persuasive public policy memo
or editorial. The memo or editorial should be addressed to a specific real-world audience (e.g. a particular
politician, newspaper, etc.). It should be written carefully and include a statement of the policy issue,
your microeconomic argument (in language appropriate for your audience), and evidence to support your
recommendation (e.g., a statistical finding that supports your proposal, a quote from a prominent economist, or other evidence). Appropriately cite at least one source other than the Openstax and Economics for Life books on a separate page below your memo.
Your grade will be based primarily on the accuracy and quality of your economic argument and the persuasiveness of your memo or editorial.
Example Public Policy Topics:
Traffic Control, Gas or Other Product Taxes, Education Reform, Crime Deterrence, Pollution Control, Poverty and Inequality, Price Control Policies, Monopoly Regulation, Safety Regulation, Drug Policy, Health Care Reform,
Social Security Reform, Farm Subsidies, Protection of Species, Funding for a Public Good, etc.
Reading the following comment, give your own opinion about it. Use APA 7th edition and 2 per review references
There are two global environment trends affecting the choice of international strategies, particularly international corporate-level strategies: liability of foreignness and regionalization.
Intrusion from Japanese brands like Toyota and Sony woke up the global market and made people realized the importance of international competition. However, there is “a set of costs associated with various issues firms face when entering foreign markets, including unfamiliar operating environments; economic, administrative, and cultural differences from their home institutional environments; and the challenges of coordination over distances. Four types of distances commonly associated with liability of foreignness are cultural, administrative, geographic, and economic.” (Hitt, 2019) For example, when McDonald’s and KFC decided to enter Chinese market at the very beginning, they faced the challenges of limited customer as they only selling fired chicken at the time, and it takes time for the audience to take in the new elements. After that, they both had to create new menu fitting in Asian stomach more to expand their customer groups.
Regionalization talks about where a firm choose to compete can be an element affecting its strategies. Generally, firm would avoid to directly compete in global area as it will spread the number of resources and effort into a large space. Rather, the firm would start from reginal places to compete effectively. Starting at a particular regain can help the firm better learn the culture, policy, and social norms in the area. As the author states in the article, “Think regional, act local, forget global.” (Moore & Rugman, 2002)
• Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2019). Strategic management: Concepts and cases: Competitiveness and globalization (13th ed.). Cengage
• Moore, K., & Rugman, A. (2002, July 12). Don’t think Global – Think regional. strategy+business. Retrieved July 28, 2022, from https://www.strategy-business.com/article/20200
The Covid-19 pandemic has caused an unprecedented human and health crisis in the U.S and overseas. As a result a lot of industries have been affected. Evaluate the microeconomics impact of the pandemic crisis. Be sure to include in your discussion all the pertinent issues and implications.
Identify the unemployment rate in your local area and compare it to the national average. Analyze the challenges of this rate changing and how it will impact the direction of our economy and spending by consumers.
Initial post: 3-4 paragraphs, must have at least an in-text citation and reference in APA formatting, answer the question, focus on your content development, and application of economic terms
1. Choose a game theoretical situation drawn either from personal experience, fictional sources (literature, drama, TV, movies), or non-fictional reporting of a situation (e.g., corporate acquisitions, political manoeuvring). The agents can be individuals, groups, or organisations. You will:
a. give a brief narrative overview of the scenario
b. represent the situation in quantitative game theoretical terms, usually describing the payoff matrix you think best captures the situation, and describe any limitations or alternative payoff matrices that might accurately capture the scenario.
c. Describe the properties of this scenario – the type of game, the Nash Equilibrium, Pareto optimal solutions, dominant and dominated strategies and similar. Evaluate the actual outcome based on this analysis – did the parties act rationally, was there potentially a better solution?
2. Briefly review the behavioural game theory to identify some of the non-game theoretic factors that could have influenced the outcome of the situation you are examining, describing how they might have been implemented in your situation. These could include factors like familiarity, trust, reputation, and specifics of the scenario or its framing.
3. Present a rationale and design for an experimental study to test in the laboratory the potential impact of one or more of the factors you have identified in 2. This should be presented in standard APA format, describing the participants, materials, design, and procedure, and explaining the reasons for the key design decisions you made.
Does democracy cause economic growth?
Word limit 2000 with +/-10% leeway Times New Roman or Arial font, size 12, with 1.5 line spacing, normalsized margins, and the text written in justified format (i.e. so each line meets each margin). Use sub-titles to demarcate sections of the essay