Provide a social media marketing scenario where you would incorporate video content as a promotional tool. Discuss the product \ service you would select and specifically how would you promote it in detail via identified video sharing sites.

Analyse the growth pattern in the state that you live in. What are the development parameters that have shown positive impact in the last 5 years? Also what are the challenges that impede development?

Explain the relevance of Specialisation of tasks as propounded by Adam Smith with a relevant example which is of significance in present day scenario.

Suppose the central bank targets the money supply. As a result, the interest rate will ______ and output will ______ following an increase in government spending

A fall;rise

B rise;fall

C rise;rise

D fall; fall

What do you understand of Command and Control policies for pollution abatement? Given the current problem of India’s environmental pollution, which pollution abatement measure would you recommend, and why? Justify your answer in 10 bullet points

You’ve also heard me talk about how economists are looking at all sorts of micro indicators – like electricity usage, to get a sense of how bad the situation is (while they wait for the lower-frequency macro data to be collected.) North vs. South Korea are a good indicator of how prosperous they are relative to each other based on satellite images of their night-time electricity usage. (Google it!). What are economists finding out electricity usage during the time of the Pandemic? What’s it telling them? Again, this is investigative on your part – please report what you find, with appropriate citations, of course.

1. If the Price Elasticity of Demand (PED) = 1 then…

1. Price should be decreased to maximize revenue.
2. Price should be increased to maximize revenue.
3. Revenue is at its maximum.
4. Profit is at its maximum.

2. If the demand for good X shifts to the right as the price of good Y rises, then goods X and Y are:

1. Inferior goods.
2. Complementary goods.
3. Normal goods.
4. Substitute goods.

3. Which of the following is not a determinant of Price Elasticity of Demand (PED)?
   1. The availability of close substitutes.
   2. Time horizon: the passage of time.
   3. The proportion of income spent on the good.
   4. The preferences of sellers.

4. The concepts of Utility and Marginal Utility are only applicable for:

1. Markets for two goods.
2. All the consumers of one good or service
3. An individual consumer or household.
4. None of the above.

5. An explicit cost is …

1. A variable cost that increases with quantity.
2. A fixed cost that does not increase with quantity.
3. A cost that involves spending money.
4. The same as an opportunity cost.

Write an essay about the covid-19 shutdown. How an economist would view this situation, and what would be their perspective of what is happening to the economy?

Please research the term – “Demographic Dividend”. What does it mean? Have any countries actually experienced this? Do you think that others will follow? Write about what you find – you just need a couple of examples here, not the full list of countries that have may have realized this dividend. Make sure you address how this concept (of a demographic dividend) relates to any of the stages of demographic transition we’ve discussed in class. And feel free to include age pyramids of countries if you’d like, with proper citation of course.

List the five keys of Bill Gates plan to deal with an epidemic!

12.AGGREGATE DEMAND AND AGGREGATE SUPPLY

a. What is the economic reason why the SRAS curve slopes up?

b. Name some factors that could cause AD to shift, and say whether they would shift AD to the right or to the left.

c. Would a shift of AD to the right tend to make the equilibrium quantity and price level higher or lower? What about a shift of AD to the left?

d. Suppose concerns about thesize of the federal budget deficit lead the U.S. Congress to cut all funding for research and development for ten years. Assuming this has an impact on technology growth, what does the AD/AS model predict would be the likely effect on equilibrium GDP and the price level?

e. Suppose Mexico, one of our largest trading partners and purchaser of a large quantity of our exports, goes into a recession. Use the AD/AS model to determine the likely impact on our equilibrium GDP and price level.

f. What impact would decrease in the size of the labor force have on GDP and the price level according to the AD/AS model?

g. Suppose the Federal Reserve increases the supply of money. What impact would that have on GDP, unemployment, and inflation?

Note: these questions are based on OpenStack, Chapter 11(link on Canvas). You are recommended to draw the relevant AD & AS graph to accompany each answer.

Given the information below:

     r_d = 10% Municipal Bonds = $11,700,000       Household CD’s = $32,250,000

     Transactions Deposits = $72,150,000      Savings Deposits = $125,250,000     Vault Cash = $4,160,000

     Secondary reserves = $14,000,000           Bank deposits with the Fed = $22,500,000

Determine:

a) the level of required reserves, excess reserves, and the level of total reserves.

b) the maximum deposit outflow a bank can sustain without having to acquire additional reserves.    

Explain the relationship between pricing tools and theories of consumer behaviors; on luxury items in the fashion industry.