ASSIGNMENT ID
587638
SUBJECT AREA Economics
DOCUMENT TYPE Research Paper
CREATED ON 19th July 2018
COMPLETED ON 3rd August 2018
PRICE
$40
18 OFFERS RECEIVED.
Expert hired: cyruses

Theory of Consumer Choice and Frontiers of Microeconomics

Week 5 exposes students to subjects that are intended to whet their appetites for further study in economics. Students will use the theory of consumer choice and the impact of the concepts of asymmetric information, political economy, and behavior economics, to describe how consumers make economic decisions. Assignment Steps Scenario: You have been asked to assist your organization's marketing department to better understand how consumers make economic decisions. Write a 1,050-word analysis including the following: The impact the theory of consumer choice has on: Demand curves Higher wages Higher interest rates The role asymmetric information has in many economic transactions. The Condorcet Paradox and Arrow's Impossibility Theorem in the political economy. People are not rational in behavior economics. Cite a minimum of three peer-reviewed sources not including your textbook. Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.
This project has already been completed on Studybay
On Studybay you can order your academic assignment from one of our 45000 project experts. Hire your expert directly, without overpaying for agencies and affiliates!
Check the price for your project

See other similar orders

Studybay assignment progress timeline

Studybay is a freelance platform where you can order a Theory of Consumer Choice and Frontiers of Microeconomics paper, written from scratch by professors and tutors.
19 July 2018
User created a project for Economics
19 July 2018
18 experts responded
19 July 2018
User contacted expert cyruses
19 July 2018
User hired expert cyruses who offered a price of $40 for the project and has experience doing similar projects
03 August 2018
The expert completed the project Theory of Consumer Choice and Frontiers of Microeconomics for 15 days, meeting the deadline
03 August 2018
User accepted the project right away and completed the payment
03 August 2018
User left a positive review

Other projects in this subject area

Random blog posts

The international shipment industry economics essay
Worldwide trade is highly attached to the shipping and delivery industry. It is a fact that the vast majority of products are carried through seaborne trade. Nonetheless, China is undoubtedly the largest global exporter. Therefore studying the impact of Chinese language economic expansion is of severe importance. Analyzing the recent record, Chinese development rates were responsible for triggering the shipping turmoil of 2008. Thus our analysis initially focuses on the components of the aforementioned crisis. Nevertheless our ultimate goal is to examine the connection between Chinese development and the transport industry, within a theoretical and a practical approach. Ntaraklitsis Christos 7/12/2012 Introduction It is a matter of known fact that the earth trade rates are facing a major slump, set alongside the years before 2008.