NEW: Chapter 1 has a new section onthe under-representation of women and minorities in economics. NEW: 6 chapters examine COVID-19, including its effects on the production possibilities frontier (Ch. 2) and on the hand sanitizer market (Ch. 3), movie streaming in the pandemic (Ch. 8),...
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This year I am trying to get students to develop a deeper understanding of economic issues and to improve their evaluation skills for the written exam. The goal is that students will arrive at a collective meaning, rather than seek a “right” answer. Below is a plan of how you could str...
“It is a mathematical truth that if imports come into this country of manufactured goods which we can make as well as any other nation, they must displace labor.”— Mr. Chamberlain. (2) “What brings great changes of policy is the shifting and readjustments of interests, not the ...
And even before that, countless homeowner’s associations, condominium boards, retailers, and corporate employers beat the rush and shut down their facilities voluntarily. We quickly ended up in a world that no one has thought much about, and few would want. People were forced into isolation. ...
Emerge Vermont, an organization founded in 2013 to train women how to run for public office, is expanding its horizons this year beyond the Vermont Statehouse to include local governing bodies such as school boards and town select boards. They celebrated this addition at a well-attended fund-ra...
They must pass a national exam to obtain the license that makes them part of the Professional Order of Tax Advisors and Accountants (Ordine dei Dottori Commercialisti ed Esperti Contabili). Generally, the demand for tax advisors services increases with the complexity of the financial system (...
prevents unfair price discrimination by ensuring that the seller offer the same price terms to customers at a given level of trade. Intended to protect independent retailers concent decree Agreement between the government and the defendant that specifies certain actions that the defendant will take inju...
In marketing theory, Kotler, Armstrong, Saunders, & Wong (1999) state that every product has three levels: the core level, the actual level, and the augmented level. These are discussed below with examples of what each marketing level offers an institutional repository in terms of universal ...
Exam practice 1.(a) Purchasing power parity is an exchange rate, used to convert one currency into another, which equalises the purchasing power of the different currencies. If, for example, a basket of goods cost £10 in the UK, and the equivalent basket cost $...