Breaking News- November 11, 2008 The Economics of Education: Crisis and Reform- Chapter 6 and Economic Growth: Are We Living in a “New” Economy? – Chapter 11 "Struggling Economy Puts Colleges in a Tight Spot," by Susan Kinzie and Valerie Strauss. The Washington Post, November 11, 2008. Available at www.washingtonpost.com.
Read the article and respond to the following:
- How has the recent economic crisis in the United States affected colleges and universities? List the short-term effects discussed in the article.
- What long-term effects will colleges and universities feel as a result of the recent economic crisis and their short-term adjustments discussed in the article?
All Chapters "More Pain to Come, Even if He’s Perfect" by Joseph Stiglitz The Washington Post, November 9, 2008. Available at www.washingtonpost.com.
Read the article and respond to the following:
- Who is the author of the article? In one or two sentences, give a brief description of the author’s background.
- For each of the following issues, give a concise description of the author’s take on the topic (as described in the article).
- Unemployment
- The national debt
- The federal deficit
- Taxes
- Government spending
- Education
- Financial markets
- Global poverty
- Long-run growth
- The environment
- Infrastructure investment
Breaking News- October 20, 2008 Unemployment Issues – Why Do We Waste Our Labor Resources? - Chapter 11 “Bruised Economy May Limp Into Next Year” by Jeannine Aversa. The Washington Post, October 20, 2008. Available at www.washingtonpost.com.
Read the article and respond to the following:
- What phase of the business cycle does the article assert the U.S. economy is currently experiencing? What evidence is used to make that determination?
- What factors are cited as the basis for predicting an increase in future unemployment rates in the United States?
- What policies are being discussed to address rising unemployment?
Macro Chapters/History of Economic Thought “We Forgot Everything Keynes Taught Us” by Robert Skidelsky. The Washington Post, October 19, 2008, B03. Available at www.washingtonpost.com. Read the article and respond to the following:
- What lessons from Keynes does the author believe we have forgotten?
- 2) What other economists does the author mention? What lesson did these influential economists teach that are relevant to the economic conditions facing the U.S. today?
Breaking News- September 26, 2008 Government Control of Prices in Mixed Systems: What Are the Actual Outcomes? - Chapter 3 “Olive Garden, Red Lobster Likely to Boost Prices Slightly” by Lauren Shepherd. The Washington Post, September 17, 2008. Available at www.washingtonpost.com.
Read the article and respond to the following:
- To what do the restaurants attribute their need to raise prices?
- How did the restaurants choose to deal with the increase in the minimum wage?
- How might the restaurants deal with increased food, energy and labor costs in the future?
Pollution Problems: Must We Foul Our Own Nests? – Chapter 4 Economics of Crime and Its Prevention: How Much Is Too Much? – Chapter 5 “Md. Runs Short of Pollution Inspectors” by David A. Fahrenthold, The Washington Post, September 23, 2008. Available at www.washingtonpost.com. Read the article and respond to the following:
- Which of the three avenues of pollution control is Maryland taking with the environmental crackdown discussed in the article?
- According to Secretary of the Environment Shari Wilson, how is the Maryland Department of the Environment using cost/benefit analysis to allocate environmental inspections?
- Based on the article, what does the equi-marginal principle tell you about Maryland’s resource allocation for the crime prevention activity of “detection and apprehension of violators”?
Breaking News August 23, 2008 Alleviating Human Misery: The Role of Economic Reasoning – Chapter 1
Economic Systems, Resource Allocation, and Social Well-Being: Lessons from China’s Transition – Chapter 2 “Posh Parties Show a Beijing Awash in Capitalism” by Maureen Fan. The Washington Post, August 16, 2008, A11. Available at www.washingtonpost.com. “In Broken Economy, Burmese Improvise or Flee” by Washington Post Foreign Service. The Washington Post, August 16, 2008, A08. Available at www.washingtonpost.com. Read the articles cited above and respond to the following: - How have the economic conditions in Burma and China changed over the past 60 years?
- What specific factors have led to the decline of the Burmese economy over the past 60 years?
- What has contributed to changes in the Chinese economy over the past 60 years that now result in the statement in the article that “Now, China has money”?
- What evidence from the articles indicates that China and Burma have elements of a command economy?
- What evidence from the articles indicates that China and Burma have elements of a capitalist economy?
- Based on the material in Chapters 1 and 2, how do you suggest economic activity in the two countries be created to decrease poverty and increase economic growth?
Previous Breaking News Articles
 Previous Breaking News Articles
(44.0K)
| 