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Economics is a social science that studies the production, distribution, and consumption of goods and services. It aims to explain how economies work and how economic agents interact.

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Economics Homework Help

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Our Approach to Economics

Our Approach to Economics 

  • Tutors will use their experience and background knowledge
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We guarantee the best economics help online to ensure that students get the most of their time with their tutor. Our tutors not only help you with the current economics problem at hand, but they help you so that you can have success in future work. Our tutors can help in all different fields of economic studies including business, behavioral, financial, health and education, industrial economics, and more. Many students come to StudyGate for help with the two foundational economics courses – microeconomics and macroeconomics. Our economic specialist tutors help you with in-depth understanding of core economic theory and how you can apply it to the real business world.

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Our tutors adapt their teaching style to the individual student’s needs, giving them a challenging approach to build their confidence for growth.

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We pride ourselves on helping students grow academically. We help them understand the concepts behind what they are working on, so that they can learn how to solve the problem and reach the answer on their own. 

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What kind of experience do your economics tutors have?

Our economic tutors are experienced in both classroom teaching and online education. They have years of experience in focused subjects and are mostly Master’s or PhD degree holders in the respective disciplines of Arts, Science, Business, Management, and Engineering.

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There is a chat support icon on the bottom of our website. You can also contact us at [email protected] for any kind of help.

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As an academic help platform, we often get different queries from students. It could be a general query, or it could be related to your problems or concerns. We get questions like, "Can I pay someone to do my economics homework?", "Is it possible for TutorBin to do my economics homework?"- We say that it's very much possible as we offer academic help. Sometimes, we also get queries like, "Is it legal to pay someone to do my economics homework?"- In this case, we would like to remind them that just like other professional services, academic help from subject matter experts is also a service. There are no legal prohibitions on it. Students should not be worried about this. It doesn't matter which subject help you are looking for. We have subject experts who will support you with your homework, including sub-disciplines like agriculture economics homework help.

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Exclusive guidance from subject matter experts: one of the benefits students get from TutorBin is its expert assistance and support for their academic activities. Our economics experts have years of experience in tutoring students. Moreover, most of them are from top-tier universities. They ease the subject complexity for students and break problems into small and simple steps for better understanding. It's their specialty to ensure that students get clarity before submitting their homework. With their updated teaching, students often feel that learning becomes engaging yet easily understandable.

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Economics Homework Services FAQs Asked By Students

What are the benefits of help with homework from tutorbin.

  • No Plagiarism
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How long will it take to get economics homework solutions?

The time depends on the complexity of the subject along with the proximity of the deadline. Hence, we ask you to enter your preferred deadline while you make the order.

How do I get economics homework answers?

  • Visit our website homepage and sign up. Our 24x7 customer care support will assist you. You can also economics homework answers from our student app
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  • Enter additional details like the deadline and reference materials
  • When this process is finished, our operations team will connect with you regarding payment
  • Once the payment is made, they will get in touch with the expert for your solution
  • Your tutor will work on your economics engineering answers and upload it when it is completed

How much does economics homework help cost?

  • The time and effort dedicated by the tutor to complete the assignments
  • The complexity
  • Availability of economics homework tutors
  • Deadline proximity

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Economics Assignment Help

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Economics

Our name 24HourAnswers means you can submit work 24 hours a day - it doesn't mean we can help you master what you need to know in 24 hours. If you make arrangements in advance, and if you are a very fast learner, then yes, we may be able to help you achieve your goals in 24 hours. Remember, high quality, customized help that's tailored around the needs of each individual student takes time to achieve. You deserve nothing less than the best, so give us the time we need to give you the best.

If you need assistance with old exams in order to prepare for an upcoming test, we can definitely help. We can't work with you on current exams, quizzes, or tests unless you tell us in writing that you have permission to do so. This is not usually the case, however.

We do not have monthly fees or minimum payments, and there are no hidden costs. Instead, the price is unique for every work order you submit. For tutoring and homework help, the price depends on many factors that include the length of the session, level of work difficulty, level of expertise of the tutor, and amount of time available before the deadline. You will be given a price up front and there is no obligation for you to pay. Homework library items have individual set prices.

We accept credit cards, debit cards, PayPal, Venmo, ApplePay, and GooglePay.

Most college students are required to take an economics course at some point in their college career, regardless of their major. Because of this, economics is typically a course with which a lot of college students need some extra help. Are you a college student who is studying business or struggling to master the fundamentals of economics? 24HourAnswers provides leading economics homework help. 

Economics deals with a wide variety of topics at both the microeconomic and macroeconomic levels. Typical introductory economics courses cover material from both.

Generally, microeconomics involves the following topics:

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Understanding the concepts in your initial economics class is especially important, as it provides foundational knowledge for future business courses and more advanced economics classes. To make the most of your econ class and develop a full understanding of each lesson, online resources are a great source of extra help for homework and assignments. 

Finding economics homework help online is especially easy in the age of technology, but finding a trustworthy and reliable online tutor to get accurate information that you can apply in class takes more time. While economics tutors online are readily available, professional tutors that can guide you through every concept step by step are rare. These certified tutors are far more beneficial for long-term educational purposes, as they can help you achieve better grades and improve your in-class performance.

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We understand that students have to juggle multiple courses and other activities, and we're here to make your life easier by helping you succeed in the classroom. We offer highly qualified and skilled college economics tutors online, making your experience as effortless as possible. Working with us means you have a trustworthy source for economics information, meaning you won't have to deal with the challenges of trying to find a qualified economics tutor in your area. 

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Description:

The course will develop the mathematical tools of calculus and matrix algebra and show how these tools may be used in doing economic analysis.  Topics that will be covered include continuity, derivatives and optimization of functions of one variable; matrices, determinants and inverse matrices; partial derivatives, unconstrained and constrained optimization of functions of several variables; comparative statics.  If time permits, there may be an introduction to economic dynamics.
Assignments 10 percent
2 Mid-Terms 40 percent
Final Examination 50 percent

Reading Unit Topic and Selected Chapters from Text






1 Equilibrium Analysis/Linear Models and Matrix Algebra CH 3,4  
2 Linear Models and Matrix Algebra CH 5 HW 1 Key
3 Linear Models and Matrix Algebra, continued CH 5 HW 2 Key
4 Differentiation and Comparative Statics CH 6, 7 HW 3 Key
5 Comparative Statics of General Function Models CH 8  
5  MIDTERM 1  
6 Comparative Statics, continued  CH 8 HW 4 Key
7 Optimization and Equilibrium  CH 9 and
8 Exponential and Logarithmic Functions CH 10 HW 6 Key
9 Multi variable optimization CH 11  
9 MIDTERM 2  
10 Optimization with Equality Constraints CH 12 HW 7 Key
11 Optimization with Equality Constraints (continued) CH 12 HW 8 Key
12 Non-Linear Programming and Kuhn-Tucker conditions CH 13   HW 9 Key
13 Duality and the Envelope Theorem CH 13 HW 10 Key

Each week students will be expected to come to tutorial having attempted the chapter questions assigned. The TA will go over selected questions but will not always be able to cover all the questions assigned. Therefore students are responsible for informing the TA which questions gave them the greatest difficulty. 

Further, the TA will ask the students to do certain problems in the tutorial. This will allow the TA to observe where students have problems as well as give the students a chance to work on questions with the TA readily available to lend assistance. 





Policy on Posting Answer Keys

  • First, I do not have an unlimited supply of problems and answers that I can conveniently post. The developing and publishing of problems is a costly proposition.
  • Second, and more importantly, the process of investigation, consultation with peers and verification of results is crucial to learning. A quick attempt of a problem followed by an equally brief check of the answer key does not lead to retained knowledge. What it leads to is an insatiable need for more problems with answers in the mistaken hope that the same methodology with produce a different result.
  • This website provides a great number of resources including Sample Exams , Lecture Notes , and Homework that have solved probems. Within these resources you will find a cross section of solutions that will guide you through the appropriate steps to necessary to solve similar problems (those without solutions posted).
  • Further, homework solutions are produced and posted in Maple ( mathematical problem solving software ). This is done so that, combined this the Maple tutorial files, you should be able to replicate and modify the commands in my Maple files to answer a wide range of Econ 331 problems.
  • As long as you demonstrate an effort at the problems

Using Maple:

   note: for online support, check my  maple page.





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Listen: we know homework isn’t fun, but it is a good way to reinforce the ideas and concepts you’ve learned in class. But what if you’re really struggling with your homework assignments?

If you’ve looked online for a little extra help with your take-home assignments, you’ve probably stumbled across websites claiming to provide the homework help and answers students need to succeed . But can homework help sites really make a difference? And if so, which are the best homework help websites you can use? 

Below, we answer these questions and more about homework help websites–free and paid. We’ll go over: 

  • The basics of homework help websites
  • The cost of homework help websites 
  • The five best homework websites out there 
  • The pros and cons of using these websites for homework help 
  • The line between “learning” and “cheating” when using online homework help 
  • Tips for getting the most out of a homework help website

So let’s get started! 

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The Basics About Homework Help Websites–Free and Paid

Homework help websites are designed to help you complete your homework assignments, plain and simple. 

What Makes a Homework Help Site Worth Using

Most of the best sites allow users to ask questions and then provide an answer (or multiple possible answers) and explanation in seconds. In some instances, you can even send a photo of a particular assignment or problem instead of typing the whole thing out! 

Homework help sites also offer more than just help answering homework questions. Common services provided are Q&A with experts, educational videos, lectures, practice tests and quizzes, learning modules, math solving tools, and proofreading help. Homework help sites can also provide textbook solutions (i.e. answers to problems in tons of different textbooks your school might be using), one-on-one tutoring, and peer-to-peer platforms that allow you to discuss subjects you’re learning about with your fellow students. 

And best of all, nearly all of them offer their services 24/7, including tutoring! 

What You Should Should Look Out For

When it comes to homework help, there are lots–and we mean lots –of scam sites out there willing to prey on desperate students. Before you sign up for any service, make sure you read reviews to ensure you’re working with a legitimate company. 

A word to the wise: the more a company advertises help that veers into the territory of cheating, the more likely it is to be a scam. The best homework help websites are going to help you learn the concepts you’ll need to successfully complete your homework on your own. (We’ll go over the difference between “homework help” and “cheating” a little later!) 

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You don't need a golden piggy bank to use homework help websites. Some provide low or no cost help for students like you!

How Expensive Are the Best Homework Help Websites?

First of all, just because a homework help site costs money doesn’t mean it’s a good service. Likewise, just because a homework help website is free doesn’t mean the help isn’t high quality. To find the best websites, you have to take a close look at the quality and types of information they provide! 

When it comes to paid homework help services, the prices vary pretty widely depending on the amount of services you want to subscribe to. Subscriptions can cost anywhere from $2 to $150 dollars per month, with the most expensive services offering several hours of one-on-one tutoring with a subject expert per month.

The 5 Best Homework Help Websites 

So, what is the best homework help website you can use? The answer is that it depends on what you need help with. 

The best homework help websites are the ones that are reliable and help you learn the material. They don’t just provide answers to homework questions–they actually help you learn the material. 

That’s why we’ve broken down our favorite websites into categories based on who they’re best for . For instance, the best website for people struggling with math might not work for someone who needs a little extra help with science, and vice versa. 

Keep reading to find the best homework help website for you! 

Best Free Homework Help Site: Khan Academy

  • Price: Free!
  • Best for: Practicing tough material 

Not only is Khan Academy free, but it’s full of information and can be personalized to suit your needs. When you set up your account , you choose which courses you need to study, and Khan Academy sets up a personal dashboard of instructional videos, practice exercises, and quizzes –with both correct and incorrect answer explanations–so you can learn at your own pace. 

As an added bonus, it covers more course topics than many other homework help sites, including several AP classes.

Runner Up: Brainly.com offers a free service that allows you to type in questions and get answers and explanations from experts. The downside is that you’re limited to two answers per question and have to watch ads. 

Best Paid Homework Help Site: Chegg

  • Price: $14.95 to $19.95 per month
  • Best for: 24/7 homework assistance  

This service has three main parts . The first is Chegg Study, which includes textbook solutions, Q&A with subject experts, flashcards, video explanations, a math solver, and writing help. The resources are thorough, and reviewers state that Chegg answers homework questions quickly and accurately no matter when you submit them.  

Chegg also offers textbook rentals for students who need access to textbooks outside of their classroom. Finally, Chegg offers Internship and Career Advice for students who are preparing to graduate and may need a little extra help with the transition out of high school. 

Another great feature Chegg provides is a selection of free articles geared towards helping with general life skills, like coping with stress and saving money. Chegg’s learning modules are comprehensive, and they feature solutions to the problems in tons of different textbooks in a wide variety of subjects. 

Runner Up: Bartleby offers basically the same services as Chegg for $14.99 per month. The reason it didn’t rank as the best is based on customer reviews that say user questions aren’t answered quite as quickly on this site as on Chegg. Otherwise, this is also a solid choice!

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Best Site for Math Homework Help: Photomath

  • Price: Free (or $59.99 per year for premium services) 
  • Best for: Explaining solutions to math problems

This site allows you to t ake a picture of a math problem, and instantly pulls up a step-by-step solution, as well as a detailed explanation of the concept. Photomath also includes animated videos that break down mathematical concepts to help you better understand and remember them. 

The basic service is free, but for an additional fee you can get extra study tools and learn additional strategies for solving common math problems.

Runner Up: KhanAcademy offers in-depth tutorials that cover complex math topics for free, but you won’t get the same tailored help (and answers!) that Photomath offers. 

Best Site for English Homework Help: Princeton Review Academic Tutoring

  • Price: $40 to $153 per month, depending on how many hours of tutoring you want 
  • Best for: Comprehensive and personalized reading and writing help 

While sites like Grammarly and Sparknotes help you by either proofreading what you write via an algorithm or providing book summaries, Princeton Review’s tutors provide in-depth help with vocabulary, literature, essay writing and development, proofreading, and reading comprehension. And unlike other services, you’ll have the chance to work with a real person to get help. 

The best part is that you can get on-demand English (and ESL) tutoring from experts 24/7. That means you can get help whenever you need it, even if you’re pulling an all-nighter! 

This is by far the most expensive homework site on this list, so you’ll need to really think about what you need out of a homework help website before you commit. One added benefit is that the subscription covers over 80 other subjects, including AP classes, which can make it a good value if you need lots of help!  

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Best Site for STEM Homework Help: Studypool

  • Best for: Science homework help
  • Price: Varies; you’ll pay for each question you submit

When it comes to science homework help, there aren’t a ton of great resources out there. The best of the bunch is Studypool, and while it has great reviews, there are some downsides as well. 

Let’s start with the good stuff. Studypool offers an interesting twist on the homework help formula. After you create a free account, you can submit your homework help questions, and tutors will submit bids to answer your questions. You’ll be able to select the tutor–and price point–that works for you, then you’ll pay to have your homework question answered. You can also pay a small fee to access notes, lectures, and other documents that top tutors have uploaded. 

The downside to Studypool is that the pricing is not transparent . There’s no way to plan for how much your homework help will cost, especially if you have lots of questions! Additionally, it’s not clear how tutors are selected, so you’ll need to be cautious when you choose who you’d like to answer your homework questions.  

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What Are the Pros and Cons of Using Homework Help Sites?

Homework help websites can be a great resource if you’re struggling in a subject, or even if you just want to make sure that you’re really learning and understanding topics and ideas that you’re interested in. But, there are some possible drawbacks if you don’t use these sites responsibly. 

We’ll go over the good–and the not-so-good–aspects of getting online homework help below. 

3 Pros of Using Homework Help Websites 

First, let’s take a look at the benefits. 

#1: Better Grades Beyond Homework

This is a big one! Getting outside help with your studies can improve your understanding of concepts that you’re learning, which translates into better grades when you take tests or write essays. 

Remember: homework is designed to help reinforce the concepts you learned in class. If you just get easy answers without learning the material behind the problems, you may not have the tools you need to be successful on your class exams…or even standardized tests you’ll need to take for college. 

#2: Convenience

One of the main reasons that online homework help is appealing is because it’s flexible and convenient. You don’t have to go to a specific tutoring center while they’re open or stay after school to speak with your teacher. Instead, you can access helpful resources wherever you can access the internet, whenever you need them.

This is especially true if you tend to study at off hours because of your extracurriculars, work schedule, or family obligations. Sites that offer 24/7 tutoring can give you the extra help you need if you can’t access the free resources that are available at your school. 

#3: Variety

Not everyone learns the same way. Maybe you’re more of a visual learner, but your teacher mostly does lectures. Or maybe you learn best by listening and taking notes, but you’re expected to learn something just from reading the textbook . 

One of the best things about online homework help is that it comes in a variety of forms. The best homework help sites offer resources for all types of learners, including videos, practice activities, and even one-on-one discussions with real-life experts. 

This variety can also be a good thing if you just don’t really resonate with the way a concept is being explained (looking at you, math textbooks!).

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Not so fast. There are cons to homework help websites, too. Get to know them below!

3 Cons of Using Homework Help Websites 

Now, let’s take a look at the drawbacks of online homework help. 

#1: Unreliable Info

This can be a real problem. In addition to all the really good homework help sites, there are a whole lot of disreputable or unreliable sites out there. The fact of the matter is that some homework help sites don’t necessarily hire people who are experts in the subjects they’re talking about. In those cases, you may not be getting the accurate, up-to-date, and thorough information you need.

Additionally, even the great sites may not be able to answer all of your homework questions. This is especially true if the site uses an algorithm or chatbot to help students…or if you’re enrolled in an advanced or college-level course. In these cases, working with your teacher or school-provided tutors are probably your best option. 

#2: No Clarification

This depends on the service you use, of course. But the majority of them provide free or low-cost help through pre-recorded videos. Watching videos or reading info online can definitely help you with your homework… but you can’t ask questions or get immediate feedback if you need it .

#3: Potential For Scamming 

Like we mentioned earlier, there are a lot of homework help websites out there, and lots of them are scams. The review comments we read covered everything from outdated or wrong information, to misleading claims about the help provided, to not allowing people to cancel their service after signing up. 

No matter which site you choose to use, make sure you research and read reviews before you sign up–especially if it’s a paid service! 

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When Does “Help” Become “Cheating”?

Admittedly, whether using homework help websites constitutes cheating is a bit of a grey area. For instance, is it “help” when a friend reads your essay for history class and corrects your grammar, or is it “cheating”? The truth is, not everyone agrees on when “help” crosses the line into “cheating .” When in doubt, it can be a good idea to check with your teacher to see what they think about a particular type of help you want to get. 

That said, a general rule of thumb to keep in mind is to make sure that the assignment you turn in for credit is authentically yours . It needs to demonstrate your own thoughts and your own current abilities. Remember: the point of every homework assignment is to 1) help you learn something, and 2) show what you’ve learned. 

So if a service answers questions or writes essays for you, there’s a good chance using it constitutes cheating. 

Here’s an example that might help clarify the difference for you. Brainstorming essay ideas with others or looking online for inspiration is “help” as long as you write the essay yourself. Having someone read it and give you feedback about what you need to change is also help, provided you’re the one that makes the changes later. 

But copying all or part of an essay you find online or having someone write (or rewrite) the whole thing for you would be “cheating.” The same is true for other subjects. Ultimately, if you’re not generating your own work or your own answers, it’s probably cheating.

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5 Tips for Finding the Best Homework Help Websites for You

Now that you know some of our favorite homework help websites, free and paid, you can start doing some additional research on your own to decide which services might work best for you! Here are some top tips for choosing a homework help website. 

Tip 1: Decide How You Learn Best 

Before you decide which site or sites you’re going to use for homework help, y ou should figure out what kind of learning style works for you the most. Are you a visual learner? Then choose a site that uses lots of videos to help explain concepts. If you know you learn best by actually doing tasks, choose a site that provides lots of practice exercises.

Tip 2: Determine Which Subjects You Need Help With

Just because a homework help site is good overall doesn’t mean that it’s equally good for every subject. If you only need help in math, choose a site that specializes in that area. But if history is where you’re struggling, a site that specializes in math won’t be much help. So make sure to choose a site that you know provides high-quality help in the areas you need it most. 

Tip 3: Decide How Much One-On-One Help You Need 

This is really about cost-effectiveness. If you learn well on your own by reading and watching videos, a free site like Khan Academy is a good choice. But if you need actual tutoring, or to be able to ask questions and get personalized answers from experts, a paid site that provides that kind of service may be a better option.

Tip 4: Set a Budget

If you decide you want to go with a paid homework help website, set a budget first . The prices for sites vary wildly, and the cost to use them can add up quick. 

Tip 5: Read the Reviews

Finally, it’s always a good idea to read actual reviews written by the people using these homework sites. You’ll learn the good, the bad, and the ugly of what the users’ experiences have been. This is especially true if you intend to subscribe to a paid service. You’ll want to make sure that users think it’s worth the price overall!

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What’s Next?

If you want to get good grades on your homework, it’s a good idea to learn how to tackle it strategically. Our expert tips will help you get the most out of each assignment…and boost your grades in the process.

Doing well on homework assignments is just one part of getting good grades. We’ll teach you everything you need to know about getting great grades in high school in this article.

Of course, test grades can make or break your GPA, too. Here are 17 expert tips that’ll help you get the most out of your study prep before you take an exam.

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Ashley Sufflé Robinson has a Ph.D. in 19th Century English Literature. As a content writer for PrepScholar, Ashley is passionate about giving college-bound students the in-depth information they need to get into the school of their dreams.

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It’s been eminent from the past from doing economics assignments that the society tends to ask for more then available which leads towards the scarcity of resources. The main resources that regulates a society are land, labor and capital and are allocated to generate the goods or services for the society and are meant to be used smartly in order to cope with the scarcity caused by the societal demand. Economics is the source of knowledge that provides the skills and knowledge required for making decisions for the production and distribution of the scared resources.

So we can say economics have helped in acquiring a way of thinking towards the production and distribution of the scared resources.

1 : Microeconomics

Microeconomics talks about individual buyer and studies the market system for small scale and focuses on the preferences and choices of individual buyer or consumer, firm or organization or other small economic units.

2 : Macroeconomics

Considering and studying the choices and preferences of firms, organizations or any other large subsets of society and considering the aggregate performance of the society is termed as macroeconomics .

Economics Assignment Help

Every market has a buyer that creates the demand and a seller that manages the supply.

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GDP (Gross Domestic Product)

Everyone wants to study in the very best universities of Australia. Nowadays, the students are under lots of pressure. Economics is a challenging field on account of the important nature of the issue. He is a very broad subject and we have experts to deal with almost every topic related to it. He is a challenging field because of the analytical nature of the subject. Agricultural economics is among the sub-fields of applied economics.

Nowadays you know what economics is, now is the time to broaden your understanding of the subject. If it comes to Economics, the majority of the students discover that it’s extremely nerve-wracking. The field experiment approach is one which can be considered in economics too. Economics is among the courses provided in colleges and universities. Do My Online Exam , economics essay questions and answers, research papers, case studies or any sort of assignment, we will be able to help you.

economics homework assignment

They made selection after identifying the pros and cons associated with each available option and specially measures the satisfaction gain from it. Basically, all the things are weighing on one specific thing- a money spent. Urban Economics Assignment Help  This is an example of economic operation on run. Adam Smith, the Scottish economist, defines economics as the study of different aspects of goods and services such as goods consumption, production and distribution.

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Money And Banking

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Students often require guidance in researching. Between the various social media platforms, they are very much aware of the future that’s staring them in the face of a Ford government. In a standard lesson, they start with a group of letters. The aim is to read the chapter in less time and yet bear in mind the vital points. Only opt for the best based on whenever you are free and commitment to your study program. Second, it’s required to believe success is possible. To begin with, it’s required to identify what study skills are essential for success.

The Demand For Money

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Fiscal Policy

It is possible to verify this information on the web. Online examine help is currently quite common today and pupils enjoy numerous benefits by simply choosing this sort of service. The government can be in deficit or surplus depending the amount of individuals paying the taxes. The cost leadership was an unknown term to me and I think these are among the most important facets of a great organization. Submission Right with time It’s obviously sensible to engage an on the internet study program that provides assignments with time.

Projects are essential portion of curriculum which enables students to get practical exposure in the appropriate field whilst doing their studies that also enable them to find immense knowledge in the exact same. Since the access to money is prominent for transactions so its demand cannot be sidelined. When the pricing is completed, it’s now their duty to supply you assistance and in-depth solution in Managerial Economics homework help. The cost depends upon the size and urgency.

Monetary Policy

Macroeconomics on the opposite hand, focuses on the larger picture to establish the decision making process. The growth in the prices ends in inflation, while the downward fall in prices leads to deflation. Demand denotes the quantity of a product which individuals wish to buy at a specific price whereas supply means availability of product that suppliers are prepared to sell at certain price. The demand for numerous commodities by individuals is normally thought of as the results of a utility-maximizing procedure, with each individual attempting to maximise their own utility. Monopolistic market has only a single firm that’s is handling the marketplace and does not have a competition. Also, consumers obtain the bargaining power. Scarcity You can look for aid from best assignment writers to comprehend the notion of scarcity in an in depth method. An individual can also take help of on-line title generators. It is possible to take assistance from our experts. To begin with, you must pinpoint which type of assistance you want. Thus you are able to take help on any other services if necessary.

Perfect Competition

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Our economics assignment help take advantage of all law to maintain a substitution effect on driving a shift by declining the capacity to buy will change the constant growth. It’s possible to seek economics assignment help, to have fair understanding of four basic financial concepts. The assignment must get written with a suitable format in a distinctive way.

If you’re struggling to advance your assignment writing task, ask your friend if he or she can assist you. Without understanding the fundamental concepts you can’t prepare economics assignment. Economics defines a study the way the society employs the limited number of resources in a predefined method. He is a very broad subject and we have experts to deal with almost every topic related to it. He is one of the major subjects studied by a lot of students. Hence, economics is quite a practical subject that has many diverse benefits for the world. He is one subject that needs a lot of help no matter what you do and what strategies you go for.

International economics encompasses study of the global trade composed of the flow of goods and services across various nations.

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Microeconomics

economics homework assignment

To perform a market analysis, many tools have been developed such as SWOT analysis Microeconomics Economics Assignment Help  PESTAL analysis and value chain integration(MM Helms, J Nixon, 2010). These all analysis tools will specifically targeting the economic conditions. On the other hand, market analysis will be helpful in making decision about different choices. What type of different goods are available with respect to their corresponding prices? Furthermore, the dimensions for market analysis includes market size, growth rate, market trend level, industry cost structure, key success factor and market profitability.

When doing a company analysis, first thing is to do to select a specific company. Then evaluate its related strategic assumptions and core competencies. Develop a road map for evaluating the conditions prevailing in the market with regard to company’s perspective. Follow the road map to solve the specific case study for proposing some strategic solutions for the company.

Here is the example, Procter & Gamble (P&G) wants to expand its customer base or business globally. For this, P&G first should evaluate the economic conditions feasibility. It should identify the supply and demandcondition prevailing across the country, while setting the price level. Furthermore, it should identify the prevailing employment rate,  Social Economics Economics Assignment Help inflation rate and interest rate. Following is the mechanism which provides the step by step solving procedure for a specific case study.

Supply and demand are forces which plays a vital role in setting the price level and consumption of the product. Supply and demand analysis are the main models in economics to determine the price level.

The resulting price thus referred as the equilibrium price. Equilibrium prices define that the quantity produced is equal to the quantity demanded.It identifies the interaction between product’s demand and supplied.  Computational Economics Help The law of supply and demand helps the producer to identify the quantity demanded and the quantity produced. The demand and supply curve interact at one point, this point sets the equilibrium price.

Law of demand suggest that whenever the price of a product will increase, there will be a significant decrease in the demand of the product while other things will remain same. The consumer purchasing power will not allow them to buy the product in the similar quantity at higher rates because their purchasing power has not been changed.

The slope of the demand is always represent a decreasing trend whenever price increases. When the price increases, the opportunity cost also plays a vital role in determining the satisfaction gain from that product. The opportunity cost is defined as the value which will be lost because of selecting one specific good. For example, if a person buys bananas instead of oranges, then the value of losing oranges defines the opportunity cost for buying these bananas.

However, in the demand curve, prices of the commodity are plotted on Y axis (Vertical line). While, the quantity demanded is placed on x axis (Horizontal line). For example, Davidson primarily buys 1kg of oranges at the price of $5 and then the prices increased.

Law of supply suggest that whenever the price of a product will increase, there will be a significant increase in the supply of the product while other things will remain same. When the price increases, the opportunity cost also plays a vital role in determining the satisfaction gain from that product.

The opportunity cost is defined as the value which will be lost because of selecting one specific good. For example, if a person buys bananas instead of oranges, then the value of losing oranges defines the opportunity cost for buying these bananas. However, in the supply curve, prices of the commodity are plotted on Y axis (Vertical line).

While, the quantity supplied is placed on x axis (Horizontal line). For example, jack primarily has a stock of 1kg of oranges at the price of $5 and then the prices increased. Thus, people will not be able to buy 1 kg of oranges because of this price change and the quantity of the stock will increase. Consumer purchasing power will not allow them to buy the product in the similar quantity. Other things remain the same is the main phenomenon in this law, if there is a change in other factors then this change will yield shift in supply curve.

economics homework assignment

  • The government sets the maximum limit for the prices which will be acceptable by the buyers. The seller has to sell his product up to that maximum limit or lower than the prices set by the regulatory bodies. This call for refund of excess profit generated by the company.
  • The government could also set the maximum limit over the basket of services delivered. In this supplier is free to raise the prices of one product from the basket so that he could be able to adjust the basket fixed prices. This approach calls for a weighted average pricing. Furthermore, this will help to discourage the competitive pricing strategy.
  • In the third phase, the regulatory bodies could adjust the ceiling prices according to the price changes made in market or the related industry. This will help to maintain an equilibrium environment across the country.
  • Through out the year, regulatory bodies are free to review the ceiling prices and could adjust the ceiling prices according to the price changes made in market or the related industry. They have to maintain regular check and balance which calls for the change of ceiling formula.

The government sets the maximum limit for the prices which will be acceptable by the buyers. This price ceiling could generate many problems such as chronic excess demand for on product.  International Trade Policy The government prefer these ceiling because it will prevent from many other problems. This price ceiling approach was first introduced in the world war II. Price floor is another term which has been used for setting the minimum prices for the products which will yield in chronic excess supply.

Let’s take an example, the rental industry is moving smoothly, and the demand and supply forces plays their part to figure out the specific prevailing equilibrium prices.

But after some time, the tourism industry grows and creates an increasing demand for hotels and houses. Thus, the demand curve shifted toward right and increases the demand up to 19000 apartments. This yields an increased in prices. The residents approached the higher bodies for ceiling these increasing prices by setting maximum upper limit. The graph represents the shifting in the rental prices.

The table provided us with the quantity demand and the quantity supplied at certain price levels.

economics homework assignment

Cut off price is the fixed price in which the upper and lower price limits are fixed by the governing bodies. It is just like the concepts such as ceiling price and floor price. Cut off price is basically used in bidding or acquisition. This mechanism is usually helpful in certain conditions. The cut off price could be generated with the help of breakeven analysis. The breakeven analysis suggests a price where the product will yield no profit no loss. The NPV valuation is used in breakeven analysis. The mathematical equation is:

Cut off price= (c+ mo +mw)/(y(s-r)) OR Cut off price= FC ÷ (Revenue per Unit – VC per Unit)

Macroeconomics

economics homework assignment

 Growth Assignment

Growth of any economy is usually measure as increment in percentage of real GDP in per capita terms. Growth could be intensive when the growth is due to efficient utilization of inputs viz capital. Labor, energy and material, and it could be extensive growth when it is due to raise in quantity of input to meet the growth of population.

Inflation basically defines as a sustained growth in price level, economics further define it as decline in purchasing power of money. It usually stated as percentage, which is measured on index of CPI such as Consumer Price Index. This CPI is a basket of goods and services, so inflation depends on individual to individual. For economic development an optimum inflation is ideal to discourage savings at home and circulation of money in any economic system.

Viz alteration of interest rate, regulation of foreign exchange rate, adjustment in reserves such as the amount of money banks has to keep etc.

Besides inflation monetary authorities are also responsible providing policy mandate, for getting sustainable growth in GDP (Gross Domestic Product), regulating foreign exchange rate, maintaining unemployment etc. Monetary policy could be expansionary to raise the money supply by lowering the interest rate and could be contractionary to shrinkage in the money supply by lifting the interest rate.

Financial regulations are laws set by the regulation bodies such as financial institutes. Regulations and law enforcements are very important because it pose some threat over the society. On the other hand, it deals in both macroeconomic and microeconomics levels because it impacts both sides of society. Additionally, Media, Democracy and Economics investment firms, banks and insurance companies are operated under the supervision of regulation bodies. Financial regulations are set to protect the customers from some potential risk and fraud such as unethical mortgages, bank services, interest rates and other financial aspects. There are some regulatory act such as:

  • Sherman Anti-Trust Act helps to avert threat of monopolistic competition
  • Truth in Lending Act
  • The Real Estate Settlement Procedures Act
  • The Expedited Funds Availability Act
  • The Fair Credit Reporting Act
  • The Truth in Savings Act

Financial regulation imposes some restrictions and guidelines for financial institutions. The main purpose of these regulations is to develop confidence of people over the country’s financial system, increasing the stability of the financial system and at last, ensure customer protection with respect of money fraud and risks.

Planning refers to analyze the problems, determine the solutions, the policy making and the promotions of growth programs. Whenever we start planning and searching, we make both external and internal analysis. In external analysis, we find the problem and circumstances of these problems which occurred by upcoming opportunities and future threats. In internal analysis, we deal on the internal issues of any organization.

Like their internal strengths,their weakness, their core competences,though by these analyses of overall situations we are able to suggest the accurate solutions of social and economic problems of any country,  Positive Economics we can make effective monetary policies and beneficial fiscal policies and set the poverty and employment rate of the country to the adjustable level.

Though, these analyses strengthen the country and can increase its development and growth level. Now a days, the overall growth problem has become very less savior. Specially in economics,volatility which is measured by the quarterly output growth which may fall in many industrialscountries when we compare the two decades to the preceding “X” world war II. Some economist suggested these analyses to the policy makers about what aggregate policy can accomplish.

Adam Smith, the Scottish economist, defines economics as the study of different aspects of goods and services such as goods consumption, production and distribution. Microeconomics identifies how individuals respond in certain situations at different price level and analyze how their demand changes accordingly.

Supply and demand are forces which plays a vital role in setting the price level and consumption of the product. Supply and demand analysis are the main models in economics to determine the price level. The resulting price thus referred as the equilibrium price. The government sets the maximum limit for the prices which will be acceptable by the buyers which is defined as ceiling price. Macroeconomics deals under national and international levels of an overall economy.

It studies the overall economic mechanism of the whole world, country or a distinct geographical region and studies the topics such as inflation rate, unemployment rate, changes in the GDP (Gross domestic product), fiscal and monetary policies, interest rate and the business cycle. Financial regulation imposes some restrictions and guidelines for financial institutions. The main purpose of these regulations is to develop confidence of people over the country’s financial system, increasing the stability of the financial system and al last, ensure customer protection with respect of money fraud and risks.

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Course info.

  • Dr. Hunt Allcott

Departments

As taught in.

  • Sustainability
  • Environmental Policy
  • Public Policy

Learning Resource Types

Environmental policy and economics, problem set 1.

Homework assignment on environmental economics consisting of problems from the course textbook.

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  1. Assignments

    Problem Set 3 (PDF) Problem Set 4 (PDF) Problem Set 5 (PDF) Problem Set 6 Solutions (PDF) Problem Set 8 (PDF) Problem Set 9 Solutions (PDF) Problem Set 10 (PDF) Problem Set 10 Solutions (PDF) This section contains the problem sets and solutions for the course.

  2. Homework 1

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  4. Principles of Economics

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  20. Assignments

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  23. Problem Set 1

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