essay-exam-political-economy-1

essay-exam-political-economy-1

ECON 101

International Political Economy Exam II

Take Home Essay Guide

Seay


I. Basic Terminology: Be able to incorporate as many of of the following basic political economic terms as possible into each of the two essays of choice from the second category. Class lecture notes may be used for defining the listed terms as well as the Charles Wheelan textutal readings.** Do be certain to incorporate other useful data from lectures notes, the Wheelan text, and various suggested scholarly IPE books and articles as well.**

David Ricardo, “Comparative Advantage,” “The Iron Law of Wages,” and “Theory of Rents.”

Anne-Robert Turgot and Jean-Baptiste Say

Physiocrats

Charles Fourier and Count Sainte-Simon

Utilitarianism

Karl Marx

William Stanley Jevons and Leon Walras

Historical Economics and the Marshallian School

East Asian Model of Developement

Export Oriented Strategy

Rent Seeking

Structural Adjustment Programme

Efficiency Oriented Investment

Foreign Direct Investment

Horizontal Integration

Intangible Asset

Locational Advantages

Market Oriented Investment

Natural Resource Investment

Positive Externalities

Specific Asset

Vertical Integration

Calvo Doctrine

Export Processing Zone

Locational Incentives

Multilateral Agreement on Investment

Obsolescing Bargain Performance Requirement

Trade Related Investment Measures

United Nations on Permanent Sovereignty over Natural Resources

Balance of Payments and Balance of Payments Adjustment

Bretton Woods System

Capital Account

Conditionality

Current Account

Exchange Rate System and Exchange Restrictions

Fixed Exchange Rate System and Fixed but Adjustable Exchange Rate System

Floating Exchange Rate System

Foreign Exchange Market

Foreign Exchange Reserves

Fundamental Disequilibrium

Managed Float

Speculative Attacks

Stabilization Fund

European Monetary System

International Investment Position

Louvre Accord, Monetary Accord, and Plaza Accord

Target Zone

Phillips Curve


II. Essay Topics: Answer any two of the following essays with each response tallying 5-8 pages. (50 POINTS EACH).

1. Who was David Ricardo? Illustrate and explain his economic theories? Were they accurate? Might they be useful in the present?

2. In what ways did the French Enlightenment era help create the study of modern economics? Illustrate and explain all key figures

and their philosophies. Are they influences found still in the modern

global economy? If so, in which ways?

3. Who was Jean Baptiste Say? Why is he important in IPE? Explain.

4. Who were Charles Fourier and Count Saint-Simon? What economic philosophies did they create? Are their views prevalent, still?

5. Who was Karl Marx? What was his economic philosophy? How and why has his economic philosophy been so widespread as well as controversial? Explain.

6. What is Import Substitution Industrialisation? What are its’s problems? Explain.

7. What is the East Asian Model? Should the West imitate it? What are its’s strength and weaknesses?

8. What kind of economic reform is occuring in China? Is it both good and bad for China as well as the global economy?

9. What are the global community’s criticisms about the WTO’s treatment of developing countries? Are their complaints valid?


10. What are Multinational Corporations? Explain their evolution by illustrating examples of the first to evolve slowly thousands of years ago as well as the first global businesses to appear in the modern age. How are these kinds of businesses influencing the modern world economy in a positive or negative way? Should MNC’s be regulated by the international community. Defend your point.

11. What is the International Monetary System? What are its’ problems? How can payments imbalances become remedied?

12. What is the Bretton Woods System? Who created it, when, and why? Is it still used in the present? What were its’ strengths and weaknesses?

13. What International Monetary System conflicts have occured since the 1970’s? Have the international powers involved solved these problems?

14. How has the European Union cooperated in global currency exchange rates? Have they been better team players than America?

15. Why are some people as well as nations righer than others? Argue and defend your point.

16. What can financial markets indicate about becoming wealthy very quickly?

17. What does economics indicate about politics and vice versa? What are special interest groups?

18. What indicators are necessary to determine a successful and thriving economy? What factors cause economies to surpass others yet eventually decline? Does a powerful economy always indicate a prosperous society for most everyone?

19. What is the Federal Reserve? Is it a force of good, bad or both? .

statistical process control methods 12 – www.savvyessaywriters.net

statistical process control methods 12 – www.savvyessaywriters.net

 

Purpose of Assignment

The purpose of this assignment is for students to learn how to apply Statistical Process Control Methods to a business process.

Assignment Steps

Resources: Microsoft® Excel® and PowerPoint®

Select a complex continuous process from your personal life or work. The process can be the same as in Week 1 assignment.

Complete the following:

  • Use Microsoft® Excel® to calculate the defined process metrics including variation and process capability.
  • Use Microsoft® Excel® and PowerPoint® to develop and display a control chart for the process.

Evaluate the control chart and process metrics using Statistical Process Control (SPC) methods.

Evaluate whether the process could benefit from the use of Six Sigma tools.

Develop a minimum of a 600-word paper in which you describe your Statistical Process Control project and include the control chart with SPC.

Format your assignment consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

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Describe several methods that can be used to gather data for each methodology.
Develop a plan for gathering data related to your topic and provide a rationale for gathering data in this manner.
Explain how the data would be analyzed.
Support the ideas that are communicated with the appropriate academic sources.
The assignment should be formatted as follows:

Section 1: Present your research topic.
Section 2: Identify the first method, as well as the research question that aligns with that method. Then, present a 2–3 paragraph rationale that describes the purpose of the research. Finally, describe in 2–3 paragraphs how data would be collected and analyzed using this method.
Section 3: Identify the second method, as well as the research question that aligns with that method. Then, present a 2–3 paragraph rationale that describes the purpose of the research. Finally, describe in 2–3 paragraphs how data would be collected and analyzed using this method.
Section 4: Identify the third method, as well as the research question that aligns with that method. Then, present a 2–3 paragraph rationale that describes the purpose of the research. Finally, describe in 2–3 paragraphs how data would be collected and analyzed using this method.Section
Section 5: APA formatted Reference Page (the content of your assignment should be supported with appropriate academic sources and include both citations and references in APA format).

Completing this final project will demonstrate your ability to:

Evaluate the characteristics, purposes, benefits, strengths, and weaknesses of qualitative research methods.
Analyze ethical issues that may emerge in qualitative research studies.
Assess the scientific merit of research.
Describe methods for data collection and analysis.
Apply qualitative research methodology to a specific research problem.
Running head: DATA ANALYSIS AND APPLICATION TEMPLATE 1

DATA ANALYSIS AND APPLICATION TEMPLATE 7

Data Analysis and Application (DAA) Template
Capella University
Calvin Handy
[8a1] Unit 8 assignment 1

Course: PSY7864

Instructor: Gennaro Ottomanelli

Date: 3/04/2019

Data Analysis and Application (DAA) Template
Section 1: Data File Description
Data set collected by a teacher across three class sections with each section consisting of about 35 students (N = 105). The student data is comprised of student demographics and performance which is based on a selection of quizzes, final and a total score within the class. Twenty-one variables were assigned overall, with student gender (1= female; 2= male) using the nominal, or categorical, scale of measurement consisting of 41 males and 64 females while GPA (previous grade point) is employ a ratio measurement. The variable gender is a dichotomous (categorical) variable with two categories (male and female) whereas GPA is continuous and has a quantitative value. The measurement scale for gender is nominal scale whereas GPA is ratio scale (Warner, 2013).

Section 2: Testing Assumptions
The assumption that are required to be made before running a statistical t test analysis is that the response variable Y must be quantitative and approximately normally distributed, i.e. it must be normally distributed when the sample size is less than 25 observations. Another assumption is the homogeneity of variance, which states that the variance of the response variable Y is approximately equal across the observations (groups), i.e., the observation that are being compared must show equal variance. There must be independence both between and within groups for the t test to be appropriate. In this case, Gender and GPA must be independent from each other. The last assumption is the robustness of the violation of the assumptions especially when the sample size is too small. In our case, the sample size is the equal and large enough, hence, this assumption is met (Warner, 2013).

From the histogram above, it clearly indicates that the GPA score is approximately normal although it is slightly left-skewed hence the normality assumption is met. Much of the data lie within the superimposed normal curve.

Descriptives

Statistic

Std. Error

gpa

Mean

2.8622

.06955

95% Confidence Interval for Mean

Lower Bound

2.7243

Upper Bound

3.0001

5% Trimmed Mean

2.8873

Median

2.8400

Variance

.508

Std. Deviation

.71266

Minimum

1.08

Maximum

4.00

Range

2.92

Interquartile Range

1.19

Skewness

-.220

.236

Kurtosis

-.688

.467

The skewness of the data indicates that the data is slightly left-skewed. Since 0.236*3 = 0.708 > |-.236|, then the data is approximately normally distributed. Kurtosis describes the flatness of the data. With kurtosis -1.0 < -0.688 |-.688|.

Tests of Normality

Kolmogorov-Smirnova

Shapiro-Wilk

Statistic

df

Sig.

Statistic

df

Sig.

gpa

.100

105

.012

.961

105

.004

a. Lilliefors Significance Correction

The Shapiro-Wilk test is .961 with a p value .004 .05, the we can conclude that the variability between the gender and grade is not statistically significant. Therefore, equal variance is assumed (George, D., & Mallery, P., 2016).

From the analysis above, it is evident that the GPA data is normally distributed because the normality assumption are met by the graphical representation using histogram and the skewness and kurtosis. The assumption of homogeneity of variance is also met supporting the normality of the data.

Section 3: Research Question, Hypotheses, and Alpha Level
Research question: Is there a significant difference between GPA score for Male and Female?

Null Hypothesis (H0): There is no significant difference between the GPA score of Male and Female

Alternative Hypothesis (H1): There is a significant difference between the GPA score for Male and Female

Alpha level is 0.05

Section 4: Interpretation
Group Statistics

gender

N

Mean

Std. Deviation

Std. Error Mean

gpa

1

64

2.9719

.67822

.08478

2

41

2.6910

.73942

.11548

The result above was done to test the homogeneity of variance between both genders relative to the GPA score together with the descriptive statistics for both groups. The difference between the means of groups (M1 – M2) = (2.9719 – 2.6910) = 0.2809 GPA. Therefore, the difference between the least score and highest GPA score between the two groups differed by 0.2809 which is not a large difference in score. The standard deviation for each group is .67822 and .73942 for Female (Group 1) and Male (Group 2) respectively (Bonett, 2015).

The Levene F value is small (F = .095) and is not statistically difference (p = .758). The Levene F test is not statistically different since (p > .05) Therefore, there is not enough evidence to reject the null hypothesis and thus homogeneity of variances t is reported. Similarly, the equal variances t test result was statistically significant, t (103) = 1.999, p = .048, two-tailed. Hence, at α = 0.05 and using two-tailed as the criterion, the .2809 difference in GPA score between the Male and Female was not statistically significant.

The effect size (η2) is determined as below;

η2 = t2 ÷ (t2 + df)

= 1.9992 ÷ (1.9992 + 103)

= 0.0373 ≈ 0.04. This implies that 4% of the variance of the GPA score is predicted from the gender of the students. This is not a large predictor to the variability of the GPA between the two groups (Warner, 2013).

The upper 95% confidence interval for the difference between the groups is .55965 while the lower CI is .00215.

Section 5: Conclusion
The analysis above clearly shows that there is no enough evidence to reject the null hypothesis hence we can conclude that there is no difference between the GPA score between Male and Female with 5% alpha level. We are 95% confident that the mean difference between the gender lies within the CI. The Levene F test asserts that the variability between the group in not significant at alpha = 0.05. In relation to the test-statistic approach, the variability between the male and female is insignificant since p > 0.05.

References Bonett, D. G. (2015). Interval estimation of standardized mean differences in paired-samples designs. Journal of Educational and Behavioral Statistics, 40(4), 366–376. George, D., & Mallery, P. (2016). IBM SPSS Statistics 23 step by step: A simple guide and refrence (Vol. 14th). New York and London: Routledge. Warner, R. M. (2013). Applied statistics: From bivariate through multivariate techniques. Thousand Oaks, California: SAGE Publications, Inc.

 

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