Each unit starting with Week 4 includes a relevant journal article. These articles are optional, but can be reviewed for extra credit. Read the article, then write and submit a 2-3 page, approximately 800-1000 word, double-spaced and formally written Article Review, using the attached Journal Article Review resources and rubric as a guide. Be sure to include a title page and reference with your submission.
Note that a Journal Article Review is NOT simply a summary of the article, but also includes the following components:
1. What is the purpose of this article? (this section includes a BRIEF summary of the article)
2. Why is it important to investigate or examine the subject of the article?
3. How are the authors carrying out the task? Are their methods and comments appropriate and adequate to the task?
4. What do they claim to have found out? Are the findings clearly stated?
5. How does this advance knowledge in the field?
Your Journal Article Review will be evaluated for:
appropriate article selection,
appropriate style,
a discussion of major points presented in the article,
clearly and articulate writing,
a well organized discussion of the major points,
and your thoughts, opinions and what you learned from the article.
Use the Journal Article Review grading rubric as a guide to make sure that you are meeting the expected requirements.
Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University المملكة العربية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية الإلكترونية
College of Administrative and Financial Sciences
Assignment 1
Macroeconomics (ECON 201)
Course Name: Macroeconomics
Student’s Name:
Course Code: ECON201
Student’s ID Number:
Semester: Ist
CRN:
Academic Year:2022-23-Ist
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: 00 / 10
Level of Marks: High/Middle/Low
General Instructions – PLEASE READ THEM CAREFULLY
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Due date for Assignment 1 is by (10/10/2022)
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
Assignment 1 Questions: Week 2 & Week 3
Case Study:1 (5 Marks)
Please read the case “The Minimum Wage” from Chapter 6 “Supply, Demand, and Government Policies” Page: – 117 given in your textbook – “Principles of Macroeconomics”. A case study discusses the federal minimum-wage law.
Questions: 1
Suppose the minimum wage is above the equilibrium wage in the market for unskilled labor. Using a supply and-demand diagram of the market for unskilled labor, show the market wage, the number of workers who are employed, and the number of workers who are unemployed. Also show the total wage payments to unskilled workers. (100 – 150 words – 1.25 point)
Now suppose the secretary of labor proposes an increase in the minimum wage. What effect would this increase have on employment? Does the change in employment depend on the elasticity of demand, the elasticity of supply, both elasticities, or neither? (100 – 150 words – 1.25 point)
What effect would this increase in the minimum wage have on unemployment? Does the change in unemployment depend on the elasticity of demand, the elasticity of supply, both elasticities, or neither? (100 – 150 words – 1.25 point)
If the demand for unskilled labor were inelastic, would the proposed increase in the minimum wage raise or lower total wage payments to unskilled workers? Would your answer change if the demand for unskilled labor were elastic? (100 – 150 words – 1.25 point)
Important Note: – Support your submission with course material concepts, principles, and theories from the textbook.
Questions: 2 (5 Marks)
Should a nation tend to export or import goods for which it has a comparative advantage? Explain. Why do economists oppose policies that restrict trade among nations? (Minimum 500 words). (2.5 Marks)
Maria can read 80 pages of economics in an hour. She can also read 40 pages of sociology in an hour. She spends 6 hours per day studying. (2.5 Marks)
Draw Maria’s production possibilities frontier for reading economics and sociology.
What is Maria’s opportunity cost of reading 120 pages of sociology?
Answer:
Instructions for assignment: Using the annotated bibliography, write a review of the
Determining brain death (http://downloads.lww.com/wolterskluwer_vitalstream_com/journal_library/ccn_1558447x_2012_7_1_40.pdf) Each unit starting with Week 4 includes a relevant journal article. These articles are optional, Religion and Theology Assignment Help Instructions for assignment:
Using the annotated bibliography, write a review of the literature on your narrowing research topic and the problem statement and the hypothesis you developed in Additional Information Document. You are encouraged to include references from
your annotated bibliography and other scholarly references.
Your headings should be clear and involve dynamic relationships between multiple points.
Formatting Guidelines for Review of the Literature
No more than 4 pages and no less than 2 pages
Double spaced
Times New Roman font
12 font
1″ margin all the way around
Reference list (minimum of five references, APA Format)–remember your references must be from scholarly and/or primary sources (the textbook is considered neither).
U College of Administrative and Financial Sciences Assignment 1 Microeconomics (ECON101) Deadline
U
College of Administrative and Financial Sciences
Assignment 1
Microeconomics (ECON101)
Deadline for students: (3/10/[email protected] 23:59)
Course Name: Microeconomics
Student’s Name:
Course Code: ECON101
Student’s ID Number:
Semester: 1st
CRN:
Academic Year: 2022-23 SEM-1
For Instructor’s Use only
Instructor’s Name: Shahad Alsodmi
Students’ Grade: /10
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
This assignment is an individual assignment.
The Assignment must be submitted only in WORD format via the allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented. This also includes filling in your information on the cover page.
Students must mention question numbers clearly in their answers.
Late submitted assignments will NOT be entertained.
Avoid plagiarism; the work should be in your own words; copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted. (Don’t change the cover page format.)
Assignment Questions: (Total Marks: 10)
Q1. In Riyadh City Road traffic congestion is increasing day by day. As an economist how you see this problem? Suggest and explain an economist’s solution to this problem. (3 Marks)
Q2. What is opportunity cost? Draw a Production Possibility curve for a country producing two goods and show with help of an example, how principle of opportunity is applied in explaining the changes in production possibilities for the country. (3 marks)
Q3. What is market equilibrium? Take an example of pizza (assume its price and quantity demanded) and analyse graphically, what happens to the equilibrium price and quantity when, (a) there is increase in demand and (b) there is increase in supply. (4 Marks)