Assignment 1:

Write a five page essay, using a minimum of three academic references from the Waldorf online library and proper APA formatting on the following topic: pros and cons of tariffs. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All references and citations used must be in APA style. Time Roman 12 format double space

Here are three reference that you can use to help.

THE TARIFF PARTY.

By: Judis, John B. New Republic. 3/30/92, Vol. 206 Issue 13, p23-25. 3p. 1 Black and White Photograph

The alcohol industry and trade agreements: a preliminary assessment.

Full Text Available

By: Zeigler, Donald W. Addiction. Feb2009 Supplement, Vol. 104, p13-26. 14p. DOI: 10.1111/j.1360-0443.2008.02431.x.

Competitive auction mechanisms for the promotion renewable energy technologies: The case of the 50 MW photovoltaics projects in Cyprus.

Detail Only Available

By: Kylili, Angeliki; Fokaides, Paris A. Renewable & Sustainable Energy Reviews. Feb2015, Vol. 42, p226-233. 8p. DOI: 10.1016/j.rser.2014.10.022

Assignment 2:

Develop a hypothesis about the how consumers gather information to make decisions and how consumer attributes, culture, and past history affect those decisions. See guidelines for how to create a position paper.

You would start with intro and hypothesis (about 1/2 to 1 page double spaced) then go into the theory from the book (use references - see www.esc.edu/library if you need help on how to reference). The theory would be two to three pages double spaced. '' Then apply the theory to support your hypothesis (another two to three pages)'' and a conclusion (about one page).

Paper Outline:

1. Introduction

2. Hypothesis

H1: Under the classical conditional ideas, unconditioned stimulus, conditioned stimulus, unconditioned response and conditioned response are the reason how consumers are able to gather information to use towards their decision making practices.

3. Theory

3.1 Classical Conditioning

3.1.1 unconditioned stimulus

3.1.2 conditioned stimulus

3.1.3 unconditioned response

3.1.4 conditioned response

4. Classical Conditoning and Hypothesis

5. Conclusion

Assignment 3

Your final exam consists of five essay questions. It is a cumulative exam and covers all material in this course. Answer the questions as completely as possible and use examples to help illustrate your point. Make sure these answers are in your own words and not plagiarized. Good luck and thank you for a fun class!

Prepare a Word document that addresses each of the following questions and submit to your instructor.

1. Some economists believe that supply determines what happens to demand while others believe demand determines what happens to supply. Explain both sides with examples.
2. The supply and demand for one product can affect the supply and demand for complementary items. Explain and give examples.
3. The supply and demand for one product can affect the supply and demand for substitute items. Explain and give examples.
4. What is "Elasticity?" Identify products which have an elastic demand. Identify products which have an inelastic demand. Identify products with a unitarily elastic demand. Explain what this means for all three.
5. A lot of rules in Economics are based off of having perfect competition. What is this? What does it mean to have an imperfectly competitive market? Explain with examples.