Instructions

Only provide your opinions when specifically called for. In all other cases your answer(s) should rely on the text and module materials and not on the internet, showing your capacity to apply the appropriate economic principles and concepts correctly.

Are contractionary and expansionary fiscal policies economic or political or both? Explain. What is discretionary fiscal policy? Under what economic circumstances are expansionary and contractionary policies best used?

Grading Rubric:

Criteria

Not Evident

0%

Developing

55%

Proficient

80%

Distinguished

100%

Weight

Are contractionary and expansionary fiscal policies economic or political or both? Explain.

25

What is discretionary fiscal policy?

30

Under what economic circumstances are expansionary and contractionary policies best used?

35

Articulation of response (citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas.)

10

 

Total:

100%

Wang, X., Hui Zhang, L. F., Lyu, C., & Yue You, L.W. (2017). Human resource information management model based on Blockchain technology. IEEE Symposium on Service-Oriented System Engineering, 168-173. DOI: 10.1109/SOSE.2017.34

Description:

The authenticity of human resource information has become an important factor that affects the cost and efficiency of human resource management. With the rapid development of mobile devices and Internet technology, various human resource risks caused by information asymmetry constantly bring economic loss, and even a fatal blow, to enterprises. Based on Blockchain(BC), this paper aims to combine traditional encryption technology with Internet-distributed technology, to establish a human resource information management model that reduces the risk of authenticity of human resource information. This model aims to solve the lack of discrimination of the authenticity of human resource information, and to provide authentic and effective decision support information to the human resource management of an organization. The operation method, such as Bitcoin, is used to certify the human resource documentations, as well as to bind the information and the documentation. Furthermore, human resource information is recorded in an accounting book based on BC technology; thus, modifying and validating may be difficult in the entire network. Consensus mechanism, smart contract, accounting, and payment functions of BC can provide the basic support for human resource information management. Moreover, decentralization of the protection mechanism can be achieved to achieve low cost and high efficiency of information transfer, and to ensure a high-performance work system in the human resource management of enterprises.

Instructions

Only provide your opinions when specifically called for. In all other cases your answer(s) should rely on the text and module materials and not on the internet, showing your capacity to apply the appropriate economic principles and concepts correctly.

Is education a public good? Does education have external benefits? If so, what are some of those public benefits? In your opinion are the external benefits large or small? Why? What should government do to promote the efficient provision of products that have external benefits? If you think that government should put more resources into education, what might be some of the opportunity costs of that decision? How would an economist determine the right amount of government support for education?

Grading Rubric

Criteria

Not Evident

0%

Developing

55%

Proficient

80%

Distinguished

100%

Weight

Recognition of education as a public good

 

 

 

 

20

Recognition of external benefits & some examples

 

 

 

 

20

Identifies correct government action to promote goods with external benefits

 

 

 

 

20

Opportunity costs examples

 

 

 

 

15

Determines how economists would determines the proper amount of education

15

Articulation of response (citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas.)

 

 

 

 

10

Only provide your opinions when specifically called for. In all other cases your answer(s) should rely on the text and module materials and not on the internet, showing your capacity to apply the appropriate economic principles and concepts correctly.

How has the U.S. economy been doing in recent years? Why do you think that is? Gather and present relevant economic statistics, such as the growth rate of real GDP, the unemployment rate, and the inflation rate, to support your case. In order to spot trends make sure that you gather statistics from a 4 to 5 year period. Use data from the Bureau of Economic Analysis (BEA) and Bureau of Labor Statistics (BLS).

All discussion assignments count 100 points.  Evaluation of the discussion assignments will consider spelling and grammar, including punctuation and capitalization. 

Remember that initial discussion postings to this topic should be a minimum of 100 words.  Do not post as an attachment.

Grading Rubric

Criteria

Not Evident

0%

Developing

55%

Proficient

80%

Distinguished

100%

Weight

Reasoning used in explaining their view on current economy status

 

 

 

 

30

Reasoning used in explaining why they think it is performing as they perceive

 

 

 

 

25

Reasonableness of statistics they provide

 

 

 

 

35

Articulation of response (citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas.)

 

 

 

 

10

Instructions

This table shows U.S. economic indicators for a five-year period. All variables are measured in percent.

U.S. Economic Indicators for a Five Year Period

GDP Growth

Inflation

Unemployment

2.5

2.1

5.6

3.7

1.9

5.4

4.5

1.8

4.9

4.4

1.1

4.5

4.8

1.5

4.2

How would you characterize the state of the economy over this time period and especially in the final year shown? What do you expect will happen in subsequent years? Please explain your reasoning in detail.

Grading Rubric

Criteria

Not Evident

0%

Developing

55%

Proficient

80%

Distinguished

100%

Weight

Assess the state of the economy based on the data for the GDP Growth indicator

 

 

 

 

25

Assess the state of the economy based on the data for the Inflation indicator

 

 

 

 

25

Assess the state of the economy based on the data for the Unemployment indicator

 

 

 

 

25

Predict what will happen in subsequent years based on the data for all three indicators

 

 

 

 

15

Articulation of response (citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas.)

 

 

 

 

10

 

 

 

 

Total:

100%

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