The article that you select should support or contradict course material. For example, an article might support or contradict economic theory or empirical results discussed in the textbook. You should not choose an opinion piece or an article that explains economic concepts to laypeople. To do well, you will need to read the relevant textbook chapter before choosing the article. The Bloomberg article on why hotels are still opening during the pandemic is a good example of the role of sunk versus non-sunk costs in firm production decisions.
you should briefly summarize the article (generally no more than one minute; assume that your classmates have read the article). Then, you should discuss how the article either supports or contradicts the related course material
Analyze The attached Strategic group matrix for Tesla
Chapter 9 includes information about CMS's reimbursement systems. As you read this chapter, you will see there are many terms and related issues associated with this reimbursement system. The healthcare programs that are administered by the federal government have a payment system that includes a predetermined reimbursement methodology.
Part of this system includes PAR and nonPAR physician charges.
1)explain how reimbursement differs between PAR and nonPar charges.
Also include your answer to number 1 and number 2 of the Chapter Review on page 371 of the Green & Rowell text
- Calculate the following amounts for a PAR who bills Medicare:
Submitted charge (based on provider's regular fee for office visit)is $75
Medicare physician fee schedule (PFS) is $60
Coinsurance amount (paid by patient or supplemental insurance) is $12
Medicare payment (80% of the allowed amount is? ______
Medicare write-off (not to be paid by Medicare or the beneficiar
Examine the economics of the pharmaceutical industry. Marketing accounts for a much larger portion of the expenses in the pharmaceutical industry than in other healthcare industries. The FDA lifted restrictions on TV ads for prescription drugs in 1997, ollowing manufacturers to advertise drugs without inclusing lengthy disclaimers explaining the often numerous side effects.
How has this regulatory change affected the market for pharmaceuticals?
Why do you think so much more money is spent on marketing drugs than on marketing surgery or psychotherapy?
What is the role of pharmaceutical marketing within distribution control?
This week we have a Rap Video and some Reading to do about a long-standing debate in Macroeconomics. I think the best way to do this is to watch the video, read the material, and then watch the video again.
Video here:
https://www.youtube.com/watch?v=GTQnarzmTOc (Links to an external site.)
And a fun video about spontaneous order (not required, but super cool)
https://www.youtube.com/watch?v=l0-oVMAhq6s
Discussion Assignment
Each Discussion Assignment will need to be completed with a Main Post and two (2) Follow Up posts.
After you read, listen, or watch the assigned material, you will create a Main post that consists of your own personal Economic Analysis of the material. This should be written in the third person view and must include in-text citations for any claims, assertions, or facts that you include in your post. An in-text citation should be done in MLA format.
How to Cite Sources (Purdue Online Writing Lab) : https://owl.english.purdue.edu/owl/resource/747/02/ (Links t
400–600 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas.
In 1944, finance specialists and bankers from around the world met to discuss what the post-WWII monetary system would be. Given the instability of the pre-war period, the goal was to create a new system. The outcome of this was the Bretton Woods system, which had the U.S. dollar as the world reserve currency linked to gold at $35 an ounce. All other currencies were tied to the dollar with limits on how much they could appreciate or depreciate. The system lasted until the 1970s, when the United States decided to move away from gold convertibility. The modern system is based on supply and demand for currency and a managed float. Discuss the following in your main post:
- The U.S. dollar remains the world's reserve currency. Is this good for the United States, and if so, why?
- People usuall
students to subjects that are intended to whet their appetites for further study in economics. Students will use the theory of consumer choice and the impact of the concepts of asymmetric information, political economy, and behavior economics, to describe how consumers make economic decisions.
Assignment Steps
Scenario: You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions.
Write a 1,050-word analysis including the following:
- The impact the theory of consumer choice has on:
- Demand curves
- Higher wages
- Higher interest rates
- The role asymmetric information has in many economic transactions.
- The Condorcet Paradox and Arrow's Impossibility Theorem in the political economy.
- People are not rational in behavior economics.
Cite a minimum of three pe
Market Structures and Cost Management" Please respond to the following:
- From the scenario for Katrina’s Candies, determine the appropriate type of market structure for the situation in question. Cite at least four (4) defining characteristics that have helped you reach this decision regarding the appropriateness of the chosen structure.
- Imagine that you are a manager of a chemical company. An accident has occurred in which chemicals leaked into the ground water nearby. The community is unaware of the accident. Compare the primary costs involved in cleaning up the water immediately (and thus confessing) versus hiding your culpability now and possibly paying more in the future. Predict the impact on profitability in both situations.
Case Study 1: Cooper Tire and Rubber Company
Use the five forces model of competition to analyze the competitive pressures surrounding the Cooper Tire and Rubber Company. Information on the company can be found under Case 08 in the textbook. You are free to use outside sources if you’d like, but be sure to properly cite any references.
Identify and explain how strong the pressures stemming from each of the five forces are (low, moderate, high). Also, give an overall assessment of the company’s competitive position in the industry based on the collective strength of the five competitive forces and if the company is in a position to earn attractive profits in the industry. Make sure to include justifications and explanations for each of your assessments of each force, as well as for the company’s situation overall.
The case study should be between 2-3 pages (single-spaced).
Write a three to four (3-4) page paper in which you:
1. Identify at least four (4) key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8.
2. Apply one (1) of the following economic concepts (supply, demand, market structures, elasticity, costs of production, GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the key points that you highlighted in Question 1.
3. Explain how the concept that you identified in Question 2 could affect the U.S. economy.
4. In your concluding paragraph, state whether you agree or disagree with the economic article identified in Question 1. Provide a rationale for the response.
5. Use at least three (3) quality resources in this assignment with one (1) being your article.