eco 405

• Week 1 Discussion 2

  "Poverty – The Problem" Please respond to the following:
  

  • From the e-Activity, analyze the various factors contributing to poverty and determine which single factor plays the most significant role. Provide a specific example to support your response.
  • Discuss how developed nations contribute (either directly or inadvertently) to the plight experienced by undeveloped nations.

E-activity=

Go to the following Websites and research current initiatives to help the world’s poor. Be prepared to discuss.

• • The Food and Agriculture Organization of the United Nations, located at http://www.fao.org
  • The Brookings Institute, located at http://www.brookings.edu/topics/global-poverty.aspx
  • The Hunger Project, located at http://www.thp.org/home
  • InterAction: American Council for Voluntary International Action, located at http://www.interaction.org
• Week 2 Discussion 1
  Click the link above to respond to the discussion. If you need help with completing discussions please click here for more information.
  
  "Government Intervention and Market Operations" Please respond to the following:
  

  • From the scenario, analyze the effects of enforcing a price ceiling on copies where the state or government determines that the copy center is charging too much per copy. Identify the stakeholders affected by this change as well as the effects on the market price.
    
    
  • From the scenario, assume that all paper was imported from Canada, a major producer of wood. In addition, assume the U.S. government imposed a tariff. Explain how your answers would change from Part 1 of this discussion based on this new set of information.
    
    
    
   

• Week 2 Discussion 2

  Click the link above to respond to the discussion. If you need help with completing discussions please click here for more information.
  
  "Government Controls" Please respond to the following:
  

  • Minimum wages and rent controls are implemented in an attempt to help those of modest means. Explain the costs and benefits of such price controls. Suggest alternatives that you believe would be more appropriate and explain why. Take a position on whether or not you believe the government should get involved within markets to control prices. Provide a rationale for your response.
  • From the e-Activity, evaluate the reasons for differences in minimum wage rates across states. Explain why the rate in your state is different from others.
• E-activity=
• Go to the U.S. Department of Labor’s Website, located at www.dol.gov/esa/minwage/america.htm, and review the minimum wage laws in the U.S. Take note of the rate in the state in which you live and compare it to several rates of other states. Be prepared to discuss.