Economics Homework Help

I need assistance with below assignments in:

ECO-201-X6482 Microeconomics 21EW6

Externalities without Policy Interventions: Module Four

External Learning Tool…Simulation

Please read the instructions before clicking on the simulation link. The simulation runs immediately after opening the link. Do not leave the computer while simulation is running (apprx. 5 min) to see the entire process and results.

Externalities with Policy Interventions: Module Four

External Learning Tool…Simulation

Please read the instructions before clicking on the simulation link. The simulation runs immediately after opening the link. Do not leave the computer while simulation is running (apprx. 5 min) to see the entire process and results.

4-2 Simulation Checkpoint Assignment:

Overview

This simulation checkpoint assignment directly supports your success on the course project. You will play the simulation games, create the image file of your simulation report, and discuss learned concepts and experiences in your submission.

Directions

For this assignment, first play the simulation games Externalities Without Policy Interventions and Externalities with Policy Interventions in the MindTap environment. Then you will report your experiences playing those games. Your work in this assignment will directly support your success on the course project.

In your submission, remember to include the images of your simulation reports. See the How to Submit a Simulation Report Image document for more information. Then, reflect on the decisions you made in the simulation and address the following government intervention options in your submission:

• Government      Tools: Discuss tools available to the government to      correct a market failure. Provide examples from the textbook.
• Supply      and Demand Equilibrium: Describe how government intervention affects      the supply and demand equilibrium. Refer to the simulation      game to explain your responses.
• Consumer      or Producer Surplus: Specify which government interventions cause      a consumer or producer surplus. Explain how they impact      consumer or produce surplus. Provide examples from the textbook.