Explain any careers that look particularly interesting to you and explain why/what interests you about these careers?

CH07 Written Assignment (Due Wednesday) Beaucoup de livres ! / Lots of Textbooks! Please conduct the following research and answer the following questions in 1-2 pages of writing (total), about 250+ words. Include a detailed explanation and be sure to proofread for typos and grammar errors (or you can easily run Spell and Grammar Check in Word in the Review tab). Remember, one-sentence answers do not receive credit in this course. Go to the Bureau of Labor Statistics (BLS) website and click on Occupational Outlook Handbook (Links to an external site)to explore different career options and find out more about those career options. 1. Pick out two job titles, one which is a low-paying position and one which is a high-paying position. (Remember to include data from the website.) 2. What do you think accounts for the difference in salaries of the different positions? Explain. 3. Explain any careers that look particularly interesting to you and explain why/what interests you about these careers? 4. Discuss anything that surprised you when looking at the Occupational Outlook Handbook. 5. According to the handbook, what sectors of the economy will have the fastest job growth in the future? Include data from the website to support your answers. AND 6. Also, check the BLS website (www.bls.gov (Links to an external site.)) to see what the Unemployment Rate is in the U.S. right now. How does this unemployment rate reflect the current U.S. economic situation (where we are in the business cycle)? Explain in detail.

Explain how the shift of the curve affects equilibrium price and quantity.

Chapter 3 (Supply and Demand) – Written Assignment Surf the web and try to find a newspaper article about the equilibrium price of a good or service changing due to a shift in the supply curve or a shift in the demand curve (please use an original example that has not already been covered in the book, power points or videos). Using supply and demand analysis and information from the newspaper articles, explain what is happening in this market that is causing prices to change. There may be shifts in supply/demand or both curves that is affecting the equilibrium price and quantity. Try to keep it simple and find an news article in which only one curve is shifting. Explain how the shift of the curve affects equilibrium price and quantity. Please include a graph of the supply and demand model, showing what is happening in the graph according to the article. (You must use the Supply and Demand model that we covered in class here: no bar graphs, pie charts or time/trend graphs allowed). If you need help with the graph, I am here to help you, just send me an e-mail at mcummins@lbcc.edu or come and see me during my student office hours and I can help you. Written Assignment Instructions Written assignments must be about one page long (250+ words). You must answer the question in detail and include a supply and demand graph which reflects the scenario happening in your newspaper article. Written assignments will be graded using the same criteria as discussion forum assignments (see Grading Rubric in Discussion Forum). You must submit your Written Assignment in a Word, PDF, RTF or TXT file (.pages files are not accepted). You will be uploading your assignment to Turnitin.com in order to verify that there is no plagiarism in your document. If you have questions/need help, please do not hesitate to contact me at mcummins@lbcc.edu. Also, the article you use must be a recent newspaper article (you may not use an encyclopedia, Investopedia, Wikipedia article or anything from an encyclopedia-type economics website). You must do the analysis yourself. You may want to have a look at this Sample Written AssignmentPreview the document, which may give you a better idea of how to complete this assignment. Click here if you need help adding a graph to your documentPreview the document.

Explain the step-by-step process of what happened in Allentown according to the circular flow model with reference to the song/video.

1. How can we use the circular flow model to explain what happened in Allentown? 2. Explain the step-by-step process of what happened in Allentown according to the circular flow model with reference to the song/video. 3. Can you think of any other cities/urban areas that experienced or are experiencing this type of economic downturn? Again, use the circular flow model as a reference and explain in detail. 4. What do you think is happening in the Circular Flow Model based on our current economic conditions in the U.S.?

Explain at least one way in which you can integrate the concepts you learned in this class into your real life?

Bonus Discussion Forum (Due Tuesday and Wednesday) **No grace period No unread replies.No replies. Bonus Discussion Forum You should complete this discussion forum if you do not have the full 80 points on your discussion forum score or you missed a discussion forum. It is always a great idea to get the full points on an assignment when possible. The points you earn here will be added directly to your discussion forum score. This is a regular discussion forum and you must post three times to get full points here (see instructions below). Please complete both of the following tasks in 200+ words minimum total for Questions #1-3: What economic concept in this course did you find most interesting and why? What economic concept covered in the course did you find least interesting and why? Explain at least one way in which you can integrate the concepts you learned in this class into your real life? AND Create an economics meme by finding an image on the internet and generate a meme that reflects an economic concept covered in this class. Upload this meme as an attachment. There are many meme generators on the internet. This one is fairly simple to use: https://imgflip.com/memegenerator. (Links to an external site.) See below for one I created in two minutes….. Discussion Instructions You will not be able to see other students’ replies until you post your response to my question. Type your initial response to my question in substantially more than eight sentences (minimum 200 words) by Tuesday at 11:59 pm Pacific Time, then read through the other entries and post a thoughtful question to at least one classmate who does not have a thoughtful question by Tuesday at 11:59 pm Pacific Time. Then, by Wednesday night please write a one paragraph (4+ sentences) response to another student’s thoughtful question about your post. If you posted on time and do not receive a thoughtful question about your post by Wednesday morning, you may write a second thoughtful question to a student who does not have one to count as your third post. If you are posting late, you must wait 24 hours to post a second thoughtful question to a fellow student in order to give other students a chance to ask a thoughtful question about your post.

Explain the basic winners and losers from free trade, specific to import markets: What groups are likely to oppose foreign trade? Explain.

CH19 Discussion Forum (Due Tuesday and Wednesday)**No grace period No unread replies.No replies. Chapter 19 Discussion Topic Please answer questions below – please be sure to number your answers so they are organized and easy to read: 1. Explain the basic winners and losers from free trade, specific to import markets: What groups are likely to oppose foreign trade? Explain. What groups are likely to support foreign trade? Explain. What are the costs and benefits of foreign trade? Explain. What are the arguments for trade protection and are they valid in your opinion (justify your answer). 2. What effect would a tariff on imported goods have on the different groups that you explained above? (i.e., are they hurt or helped) 3. Go to the Tax Foundation Trump Tariffs page (Links to an external site.) and briefly describe two of the tariffs imposed by the current administration. 4. Overall, how does the Tax Foundation predict tariffs will affect unemployment, income and economic growth?

Explain why government spending changes when the economy goes into a recession.

CH15/16 Discussion Forum (Due Tuesday and Wednesday) No unread replies.No replies. Discussion Topic Please answer the following questions in 200+ words minimum (total): Fiscal Policy For various reasons, fiscal policy changes automatically when output and employment fluctuate: Do some online research about our last recession in 2007-2009 (or choose any other recession since the Great Depression) and answer the questions below. Address the following topics in your analysis in your own words: A. How did the federal government (President and Congress) respond to the recession? B. What types of fiscal policy did they use (explain in detail)? C. Explain why tax revenue changes when the economy goes into a recession. D. Explain why government spending changes when the economy goes into a recession. E. If the government were to operate under a strict balanced-budget rule, what would it have to do in a recession? Would that make the recession more or less severe? F. How do political party politics impact stabilizing fiscal policy?

Explain the unintended consequences that may occur as a result of these policy decisions?

CH11/12 Discussion Forum (Due Tuesday and Wednesday) No unread replies.No replies. Chapters 11/12 – Discussion Topic Many economic growth theories identify the acquisition of physical capital and modern-day technology as key components for helping developing nations move towards the lifestyles enjoyed by developed nations. Over time, this has led to charitable organizations and for-profit firms promoting the idea of sending new and used technology to African nations because it was believed to be a humanitarian effort while it simultaneously addressed a waste-management problem for industrialized nations. Watch the following video about E-waste in Africa and answer the questions that follow (remember that your first post needs to be 200+ words long and proofread for errors): Briefly summarize the information conveyed in the video. What are some of the implications of policies based on the economic growth theories covered in the chapter? Explain the unintended consequences that may occur as a result of these policy decisions? What are some of the possible solutions to the current e-waste problem in developing nations? Use your problem-solving skills to come up with your own original solution to the problem. You may want to check out these additional resources and there are also many videos available on YouTube about this issue: Christopher Olver, “U.N. Report: Findings on E-Waste Problems in Africa (Links to an external site.),” Journalist’s Resource, March 5, 2012, journalistsresource.org Campbell, Katie and Christensen, Ken, “Where does America’s e-waste end up? GPS Tracker tells all, (Links to an external site.)” May 10, 2016, PBSNewshour.org

Use the Inflation Calculator to determine how much would community college tuition cost now if tuition increased with the rate of inflation per unit/per class. Explain.

https://www.bls.gov/ 1. What has changed and why? 2. How do you expect income changed with the price level? Also, when the professor went to community college in 1989-1991, the cost of a unit at community college was $11 per unit or $33 per 3-unit class. 3. Use the Inflation Calculator to determine how much would community college tuition cost now if tuition increased with the rate of inflation per unit/per class. Explain. 4. How much does LBCC tuition actually cost now in 2020 dollars? How has tuition increased compared to inflation? 5. What does this mean for students in 2020 versus students in 1990? (Think of the real cost of tuition here/purchasing power). Please take the time to reflect and explain in detail. Include specific data from the calculator to support your answer. Discussion Instructions You will not be able to see other students’ replies until you post your response to my question. Type your initial response to my question in substantially more than eight sentences by Tuesday evening at 11:59 pm Pacific Time, then read through the other entries and post a thoughtful question to at least one classmate who does not have a thoughtful question by Tuesday evening at 11:59 pm Pacific Time. Then, by Wednesday night please write a one paragraph (4+ sentences) response to another student’s thoughtful question about your post. If you do not receive a thoughtful question about your post by Wednesday morning, you may write a second thoughtful question to a student who does not have one to count as your third post. If you are posting late, you must wait 24 hours before posting a second thoughtful question to another student in order to allow other students time to ask a thoughtful question about your post.

Analyze and describe how health disparities seen in the selected group impacts morbidity and mortality at the individual, group, community, and societal levels.

Signature Assignment – Research Paper You are to develop a 5-page (not including title, abstract, and reference pages), APA-style research paper on health indicators of a specific U.S. cultural group. Analyze and describe how health disparities seen in the selected group impacts morbidity and mortality at the individual, group, community, and societal levels.

Define Comparative Advantage and provide an example of a good/service that the U.S. produces because it has a comparative advantage compared to another country.

Define Comparative Advantage and provide an example of a good/service that the U.S. produces because it has a comparative advantage compared to another country. Go to the CIA World Factbook (Links to an external site.) and choose a country other than the United States. https://www.cia.gov/library/publications/the-world-factbook/ Do some research and explain what goods and services your country specializes in producing and exporting (the data you need will be in the Economy link). Be sure to include some data here. Explain why this country has a comparative advantage in producing these goods and services compared to another country and why. (You may want to check the other links on the website, like Geography, etc., to determine why they have a comparative advantage in these goods/services. Be sure to provide concrete examples and analysis = what exactly gives these countries a comparative advantage in production of these goods?) What kinds of goods and services is this country most likely to import from other countries? Why doesn’t this country produce these goods on their own? Lastly, explain how this country benefits from trade.