Other Economics Answers

1. Why do so many developing countries select such poor development policies, and what can be done to improve these choices?

Read the paper: De Benedictis, L. (2005). Three decades of Italian comparative advantages, World Economy, pp.1679-1709 (material for lesson 6 in CD).

Find exports data for two countries and the world in 10 sectors of your choice (be careful at the unit of measure, which has to be homogeneous).

Calculate the Balassa index (idem, page 1685 eq.1-3) for each economy/sector (you will have 10 values for each economy)

DATA search suggestions for sectoral data:

UN Comtrade database: https://comtrade.un.org/data/

UNCTADStat: https://unctadstat.unctad.org/wds/ReportFolders/reportFolders.aspx?sCS_ChosenLang=en

Plot the Balassa index for Economy 1 (on the x-axis) and 2 (on the y-axis) to get a scatterplot graph. Highlight threshold x=1 (vertical line) and y=1 (horizontal line).

Briefly comment upon your graph on the basis of your results.

The purpose of a study by Nozawa et al. (A-11) was to determine the

effectiveness of segmental wire fixation in athletes with spondylolysis.

Between 1993 and 2000, 20 athletes (6 women and 14 men) with lumbar

spondylolysis were treated surgically with the technique. The following

table gives the Japanese Orthopaedic Association (JOA) evaluation score

for lower back pain syndrome for men and women prior to the surgery.

The lower score indicates less pain.

Gender JOA Scores

Female 14,13,24,21,20,21

Male 21, 26, 24, 24, 22, 23, 18, 24, 13, 22, 25, 23, 21, 25

In the organization, it is important that we update our people

to the current state of the business. SWOT is one of the

framework that clearly show where we are and the chances of

where we are going. So it is very essential that our people

know what it means.

To give the presentation clarity, design your own visual

representation of SWOT Analysis and PORTER’s Five forces.

Note: Design your own icon that may represent the factors.

Note: Do this in a short bond paper. The icon should cover half of the bond paper. Make it presentable. Afterwards, write a short explanation about the icon in 5-7 sentences only.

In the organization, it is important that we update our people

to the current state of the business. SWOT is one of the

framework that clearly show where we are and the chances of

where we are going. So it is very essential that our people

know what it means.

To give the presentation clarity, design your own visual

representation of SWOT Analysis and PORTER’s Five forces.

Note: Design your own icon that may represent the factors.

In reference with the given picture of SWOT vs. PEST Analysis, answer the following questions.

1. How would you compare the two tools?

2. How would you related the two tools?

3. When do you use the SWOT and PEST Analysis?

 Which obstacles impede Economics teachers' successful adherence with the continuous assessment norm in South Africa? /09/

If current price of stock is $25 and you hold it for one year and received dividend of $2.5. You sold it at $27. How much return you received? Show dividend yield and capital gain separately

(a) Suppose the Fed purchases $100 million of bonds from a primary dealer. Show the changes that occur in balance sheet items by using T-accounts the consequences of this transaction starting from the initial balance sheet position for:

I. Banking system

II. Federal reserve

(b) Suppose the Fed conducts an open market sale of $100 million of bonds to a primary dealer, show the balance sheet for Federal Reserve.

(c) During the Christmas season, the public wants to hold more currency to buy gifts and so withdraws $100 million in cash, show the effect on the T-account:

I. Non- public bank

II. Banking system

III. Federal reserve

What is the mission of a central bank? What is the difference between the economic stability and the financial stability parts of the mission of a central bank?