International Economics – Trade, MAS Policy & Tariffs Question 1a Assuming there are only two countries, Country X and Country Y trading with each other. Discuss how changes in the national income of Country X can lead to a repercussion effect of its trading partner, Country Y. Using the income determination model, illustrate it with a numerical example when Country X increases its autonomous investment […]
Posted: April 8, 2026
International Economics – US Tariffs and Trade Policy Section A Question 1 In recent years, the United States government has been increasingly proposing and implementing trade restrictions including tariffs, export controls, and border adjustment policies. One recent example of such protectionism measures is the 25% tariff on AI chips (see https://www.reuters.com/world/us/trump-imposes-25-tariff-imports-some- advanced-computing-chips-2026-01-14/). Question 2 Empirical observations suggest that China tends to respond to economic downturns […]
Posted: March 26, 2026
Applied Economics – Demand Forecasting & Cost Analysis Assignment SMS Pte Ltd is a Singapore-based firm selling premium ceramic mugs. The firm wants you to help them understand demand, forecast future prices, estimate cost behavior, and evaluate output decisions. In the Excel template, you are provided with quarterly data covering 2018 to 2025. Expert Answers on Above Economics Assignment Linear Demand Function Estimation – Qd=β0+β1P+β2Y+β3Pr+β4Pop+εIn […]
Posted: March 25, 2026
International Economics: Car Tariff Analysis Question 1 The supply (S) and demand (D) for electric cars in country X are given as: QD = 80,000 – 0.5P QS = 25,000 + 0.5P where P is the price of electric car in $/unit, and Q is the quantity in units. Country Y sells the electric car at $28,000/unit and country Z sells the electric car at […]
Posted: February 26, 2026
ECO203 International Economics – Comparative Advantage & Trade Theory Question 1 There are two countries, Brazil and India. They use all their resources (i.e., labour and capital) to produce printed circuit boards (PCBs) and food products (FPs). Brazil can produce either 9,000 units of PCBs or 6,000 units of FPs. India can produce either 6,000 units of PCBs or 15,000 units of FPs. a) State […]
Posted: January 29, 2026
BCEC002: Business Economics – Workplace Analysis Using Key Concepts Perform an analysis of your workplace or an organisation by applying the key economic principles. To make your analysis more relevant, apply the key economic principles including demand and supply, elasticity, government intervention, market structures, central economic problem, output and cost, marginal analysis, agency theory, comparative advantage that can be clearly identified in your chosen organisation. […]
Posted: January 23, 2026
Economics Assessment: Market Structure, AD-AS, and Data Analysis SECTION A [This section includes two mandatory questions. Please adhere to the instructions and word limits provided for each question and its sub-parts.] Question 1 [7 marks] [ There are 8 potential buyers (A, B, C…, H) for a bottle of premium Yarra Valley Pinot Noir. Each buyer’s reservation price (or willingness to pay) is known to […]
Posted: October 7, 2025
Cafe vs Fine Dining Restaurant You are the head of a newly established economics consultancy and have been contacted by Ling. Ling has inherited some money and wants to invest it on somewhere. Ling is thinking about two options; one is to open a budget-priced specialty cafe, the other is a premium fine dining restaurant in Singapore. Ling wants to receive advice about business decisions […]
Posted: May 27, 2025