EC224: Economic Theory & ApplicationsSecond AssignmentThis assignment is in three parts. You will complete all questions for a country of your choice. If this is your second attempt, the country must be different from the first one that was allocated to you.The aim of the assignment is to show that you can test economic theories by using empirical evidence. It is also a test of your ability to present information clearly and effectively as well as understanding of the theory that is being assessed. The graphs, tables and diagrams that you use should be your own and clearly labelled. You must reference the source of the data used.You are reminded that in accordance with University policy work submitted within two weeks after the submission deadline may result in the mark awarded being capped. All marks and results are provisional and subject to confirmation by the relevant exam board. The assignment should be around 2000 words in total (10% leeway), all charts, diagrams and table should be your own and clearly labelled and everything taken from other sources must be referenced in line with the University policy (see on-line referencing handbook for full details).Question 1Compare the growth of money and nominal GDP for your country for the last 10 years. How does this compare with what has happened in the United States? You should discuss what you find in relation to the quantity theory of money and you should re-base the series so that you can visually compare the evolution of the data. You get source the money data from the World Bank and the GDP data from the IMF World Economic Outlook.Criteria Weight NotesSource data 20% Poor: Lack of dataGood: Reliable and referencedUnderstand theory 40% Poor: Confusion and mistakesGood: Understanding in own wordsExcellent: Critical use of theory to explain what is seen in the data. Firm conclusionsRe-base the data 20% Poor: No re-basing or mistakes are madeGood: Rebased and evidence of understandingExcellent: Series re-based and other comparisons made.Present evidence 20% Poor: Sloppy, mistakes, lack of care.Good: Well-presented and clear.Excellent: Innovative, creative and interesting.Question 2How well does the Phillips Curve help you to understand the evolution of unemployment and inflation in your country in the last 15 years? You response should include an overview of the theory, ordinary least squares regression of unemployment and inflation, some comments on the R2, the t-statistic and the residuals as well as some possible explanations if the actual performance of these two variables is not consistent with the theory. You can get the unemployment and inflation data from the IMF World Economic Outlook.Criteria Weight NotesSource data 10% Poor: Lack of dataGood: Reliable and referencedUnderstand theory 40% Poor: Confusion and mistakesGood: Understanding in own wordsExcellent: Critical use of theory to explain what is seen in the data. Firm conclusions.Regression analysis 40% Poor: No regression. Mistakes and lack of understandingGood: Regression carried out and interpretedExcellent: Regression carried out, clear comments made on the diagnostics.Present evidence 10% Poor: Sloppy, mistakes, lack of care.Good: Well-presented and clear.Excellent: Innovative, creative and interesting.Question 3Find data on the distribution of income by quintile for your country and use this to calculate the gini coefficient for two points in time: 1980 (or thereabouts) and 2010 (or thereabouts).Evaluate what has happened to the distribution of income in your chosen country over this period. For example, what are the possible causes? How do the experiences of your chosen country compare to those of other (similar) countries? What reasons might there be for national differences? And so on.A useful source of the necessary quintile data is the UNU-WIDER World Income Inequality Database (WIID v.3) a copy of which is available to download from the assessment folder on StudentCentral.A useful guide on how to calculate the gini coefficient from quintile data can also be found in the same place.You are encouraged to supplement the gini coefficients you calculate with other measures of inequality, such as P ratios and top income shares, and to draw comparisons between the different data. What story do they tell?Other inequality measures are readily available online from sources acknowledged previously in the course and some may also be found listed in the WIID v.3 database.Criteria Weight NotesCalculation of gini coefficients etc. 30% Poor: incorrect data used, incomplete, mistakes, methods not explainedGood: correct data used, correct calculations, methods shownExcellent: + presented very clearly, Lorenz curves graphedUnderstand theory 50% Poor: Confusion and mistakesGood: Understanding in own wordsExcellent: Critical use of theory to explain what is seen in the data. Firm conclusions.Present evidence 20% Poor: Sloppy, mistakes, lack of care.Good: Well-presented, clear, with sensible conclusionsExcellent: Innovative, creative and interesting.

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Write 3 pages paper in which you:

Predict the main costs (e.g., labor cost, material cost) associated with the production of VectorCal’s drone navigation system. Provide a rationale for the response.
Compare and contrast the direct and indirect costs associated with the drone navigation system that both your Drome Company and VectorCal would assume. Predict whether or not your company could easily control these costs and thus reduce production expenses. Justify the response.
Compare Drome Company with VectorCal relative to the price of acquisition, semi-variable costs, and allocated direct and indirect costs of the drone navigation system. Justify the response.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

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Describe the role of women in US politics in recent years. Give three names of women who have played a significant role in this field usually dominated by men. Give details on their contributions to the US legislation etc.
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The case studies are meant to be an enjoyable, interesting, and informative assignment. This is your chance to show that you understand the key teaching points about a microbe and to communicate these points to in a written format. Have at least 3-4 key referenced points in each of the five areas. The chart below suggests the type of information requested for the pathogen. Outlines can be in whatever form you prefer (bullets/charts/outlines/diagrams or a mix). Be sure to include two discussion questions (and provide answers) that you can incorporate into your case study (place them at the end of your write-up). These questions should help connect your case to other material in the course. For example, what other microbes have an A-B toxin? What other viruses are transmitted by fecal-oral spread? Pertinent references can be listed at the bottom of your outline in a small font. Use Council of Science Editors (CSE) Style format for all references. Your textbook may be listed as Microbiology: A Human Perspective Eugene W. Nester et.al.McGraw-Hill drafter 7th edition/ 2012 .Typical CaseWhat does a typical case look like? Use the standard format for a patient presentation with chief complaint (CC), history of present illness (HPI), key physical exam details (PE), lab findings, signature signs, and any other important findings.Description of the infectious agentIf it is a bacterium, how is it classified? If it is a virus, what kind of nucleic acid does it have? Does it target specific cellular types (tropism)? Does it form a spore? Is it aerobic? Is it intracellular? Can it only be grown in a specific type of media? How is it distinguished from other members of the species? Does the pathogen have a significant history with humans or animals?EpidemiologyWhat do you feel are the most important points about the epidemiology of the disease? Incidence? Portal of entry? Source? Is it a normal microbiota component in the human body? Does it only occur in certain populations or certain geographical areas? Is there a vector involved? What and who is the vector? Is it zoonotic? Does it appear seasonally? Are there currently any outbreaks of this pathogen? What is its ecological niche? Is there a reservoir? Are there currently any outbreaks or epidemics of disease from this pathogen?PathogenesisWhat is the range of diseases caused by the agent? What organs are affected? What symptoms might the patient have? What is the disease course? Will the patient recover? Are there any long-term sequelae of infection? Latency?Prophylaxis/TreatmentIs there an antitoxin? Specific antibiotics or a class of antibiotics that are used? Is there a vaccine available? Is treatment curative? Does infection make you immune? Is this immunity life-long? Is there drug resistance? Are there novel treatments?