Economics Homework Help

Part 1 – Completed (Attached)

Part 2. (2‐3 pages)

(Title: Economic Concepts) Summarize any concepts introduced in the class powerpoints that you think can help answer your question. Explain why you believe these concepts will be useful to you.

Part 3. (2‐3 pages)

(Title: Previous Work) Find at least five articles from scientific journals that have either tried to answer your question or something similar. Google Scholar is a good source. Explain the conclusions reached in each article and the logic used to reach the conclusions. You can disagree with any author as long as you defend yourself. To receive full credit, you must be objective. For each article, please cite author, title, and name of journal using any citation style you like. You don’t need to turn in the articles.

Part 4. (2‐3 pages)

(Title: Policy Analysis) Use the concepts in part 2 and your conclusions from part 3 to answer your question. Be sure and include some DNPV calculations to support your conclusion that answers your question. Explain what your answer means for decisions policymakers should implement.

a. Your work in parts 2 and 3 should support your policy analysis.

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b. Write in a style policy makers can understand. Keep it clear. Policymakers rarely read scientific journals.

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c.You must be objective to receive full credit.