Business Assignment | Professional Writing Services
Identify a recent or historical occurrence that caused either the demand or supply curve for some good or service to shift and explain why that shift happened. For example, prices increase after disasters, rise of pharmaceutical price gouging: the giant price increase for decades-old drugs and devices by the likes of Martin Shkreli with Daraprim or Mylan with the EpiPen.
Gapminder is a recently developed application to observe how various data react over time. Go to Gapminder at https://www.gapminder.org/tools/
The default graph is ‘Life Expectancy at Birth’ as a function of ‘Income per Capita’ for many countries running from 1800 to 2018 (click ‘Play’ to animate). What conclusions do you draw from this data?
Please review video at https://www.youtube.com/watch?v=rVxSVi8LbSw
The philosophical differences of the two main camps of macroeconomic policy are placed side by side in the clever (and, to me, hilarious) “Fear the Boom and Bust, A Hayek vs. Keynes Rap Anthem” video. Please note that the characters resemble their opposite – Hayek had hair and Keynes was bald. Are you a Keynesian or a Hayek market person?
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