Unsure which Master's degree in Economics I should take?
I'm in my final year of a BA Economics degree. Currently, I'm studying Corporate Strategy, Financial Markets and Institutions and Econometrics as my electives. My school offers two Master's programmes: MSc Financial Economics or MBS Business Economics. I've found myself quite interested in reading Financial Times regularly and watching Bloomberg News. I'm always watching stock prices and currency movements, but I'm also interested in business performance as well. I'm also studying several languages to complement my economics studies. I studied in China last year and became fluent in Mandarin. I'm currently doing a 10,000 word dissertation - Will China's economy be the largest in 2020? Last year, my modules were Microeconomics, Macroeconomics and Quantitative Skills for Economic Analysis. Macro. and quant. were my two highest marks. What master's degree would best fit my interests?
Economics - 2 Answers
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1
Good on you, you are certainly a high achiever. For me, I would go for a masters in any one of your choices. I would suggest the MBS in Business Economics, mainly because of your interests, and the chance of getting a job are better.Unless, you want to work for Wall street, then the other Choice. Good luck. I hope you do well.
2
go for MSc Financial Economics - it will pay more for your math skills.
Sunday, April 22, 2012
Sunday, April 15, 2012
Economic Question Regarding Pollution Permits
Economic Question Regarding Pollution Permits?
Steve’s paper factory is polluting a local river and the following information is provided on its demand, output, and cost conditions. Use the chart of information below to answer questions 9, 10, and 11 that follow. QuantityMSB=MPBMPC MSC 1 $70 $10$40 2 60 2060 3 50 3080 4 40 40100 5 30 50120 6 20 60140 9)What is the profit maximizing output level (Q) and profit maximizing price (P) of the firm? A)Q=2, P=$20 B)Q=3, P=$50 C)Q=4, P=$40 D)Q=5, P=$50 Answer is C 10)If the government were to tax the firm to force it to internalize its external damages, what level should the government set the per unit tax at in order to completely remove the inefficiency caused by the firm’s profit maximizing behavior? A)$50 per unit. B)$40 per unit. C)$20 per unit. D)$10 per unit. Answer is B 11)If the government gives the paper factory 2 tradable pollution permits at no charge, which allows the factory to produce 2 units of output (each permit is worth one unit of output), and the pollution permits sell in a competitive market for $10 per permit, what should Steve do? A)buy one additional permit. B)buy two additional permits. C)sell one of its existing permits. D)sell two of its existing permits. Answer is A For question 9 i figured that MSB=MPB has to equal MPC and be less then MSC. That is how i arrived at a quantity of 4 I am not sure how to arrive at answer for questions 10 and 11. I am unsure the reasoning behind the answer. Any help would really be appreciated. Thank You
Economics - 1 Answers
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1
I actually have the exact same question about Steve's paper factory haha.
Steve’s paper factory is polluting a local river and the following information is provided on its demand, output, and cost conditions. Use the chart of information below to answer questions 9, 10, and 11 that follow. QuantityMSB=MPBMPC MSC 1 $70 $10$40 2 60 2060 3 50 3080 4 40 40100 5 30 50120 6 20 60140 9)What is the profit maximizing output level (Q) and profit maximizing price (P) of the firm? A)Q=2, P=$20 B)Q=3, P=$50 C)Q=4, P=$40 D)Q=5, P=$50 Answer is C 10)If the government were to tax the firm to force it to internalize its external damages, what level should the government set the per unit tax at in order to completely remove the inefficiency caused by the firm’s profit maximizing behavior? A)$50 per unit. B)$40 per unit. C)$20 per unit. D)$10 per unit. Answer is B 11)If the government gives the paper factory 2 tradable pollution permits at no charge, which allows the factory to produce 2 units of output (each permit is worth one unit of output), and the pollution permits sell in a competitive market for $10 per permit, what should Steve do? A)buy one additional permit. B)buy two additional permits. C)sell one of its existing permits. D)sell two of its existing permits. Answer is A For question 9 i figured that MSB=MPB has to equal MPC and be less then MSC. That is how i arrived at a quantity of 4 I am not sure how to arrive at answer for questions 10 and 11. I am unsure the reasoning behind the answer. Any help would really be appreciated. Thank You
Economics - 1 Answers
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1
I actually have the exact same question about Steve's paper factory haha.
Sunday, April 8, 2012
WHAT SHALL I DO ?? PLS HELP
WHAT SHALL I DO ?? PLS HELP..... !!! :(?
am in my final year of my bsc comp sci(under graduation).... am actually very good at programming n stuffs.... but my parents ask me to pursue my MBA in UK as the software market is going down in India.... though i go to UK, i dont know anything related to MBA..... i want to do my MSC IT or Comp in UK..... will i get a good job preference by doing msc in UK ??? or is it better for me to do MBA without any experience !! please do suggest me.... its very important for me to decide today.... please
Words & Wordplay - 1 Answers
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1
Whether or not the software market is going down, it is always a good thing to finish whatever you set out to do. Complete your objective. Success. If you cannot sell it, then go on to something else; but you will have success behind you when you go.
am in my final year of my bsc comp sci(under graduation).... am actually very good at programming n stuffs.... but my parents ask me to pursue my MBA in UK as the software market is going down in India.... though i go to UK, i dont know anything related to MBA..... i want to do my MSC IT or Comp in UK..... will i get a good job preference by doing msc in UK ??? or is it better for me to do MBA without any experience !! please do suggest me.... its very important for me to decide today.... please
Words & Wordplay - 1 Answers
Random Answers, Critics, Comments, Opinions :
1
Whether or not the software market is going down, it is always a good thing to finish whatever you set out to do. Complete your objective. Success. If you cannot sell it, then go on to something else; but you will have success behind you when you go.
Sunday, April 1, 2012
CABELA'S IS LIKE MY WIFE! I keep pumping money into that beach & it just never puts out! Tell me what u think
CABELA'S IS LIKE MY WIFE! I keep pumping money into that beach & it just never puts out! Tell me what u think
About my portfolio here. Yesterday I rid myself of PIR & GPS Pier 1; I took it in the @rse a shade on that one. GPS was about flat and could be an excellent merge/takeover play...yet, I invested in it because Warren Buffett owned them and turns out the old koot couldn't turn $1 into 2 in today's world/market. No sh*t, I kid you not... If Buffett started with $10k and that was all he had to invest. 10-years from now i'd be amazed if he still had $10,000 left. Anyways, So I added more Cabela's...I trimmed a bond fund and bought EWZ,LNCR,PEIX & MSC today...I wanted some others, but will have to round up some more coin. Now then...**MY QUESTION IS** Here's my new updated PORTFOLIO!!! What do ya'll think??? Give it to me straight, I can take it. http://finance.yahoo.com/q/cq?s=AMCC+BIDU+CAB+CAV+CEPH+COST+CPST+DWA+DQE+EBAY+EWZ+F+FCEL+FRO+GRR+HXM+LNCR+MSC+MSFT+NWN+NWS-A+PDC+PEIX+PGH+PTR+SBUX+SIFY+UPS+UST+WTS+YHOO,WWAG.OB&d=v1
Investing - 2 Answers
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1
WOW WHAT A DEAL I HAD TO LAUGH BECAUSE I GO TO CABELLAS ALOT FOR SUPPLIES YOUR SITE ID IS COOL IF I WERE INTO TRADING
2
You should have never sold your LVS, they had a grrreat day!
About my portfolio here. Yesterday I rid myself of PIR & GPS Pier 1; I took it in the @rse a shade on that one. GPS was about flat and could be an excellent merge/takeover play...yet, I invested in it because Warren Buffett owned them and turns out the old koot couldn't turn $1 into 2 in today's world/market. No sh*t, I kid you not... If Buffett started with $10k and that was all he had to invest. 10-years from now i'd be amazed if he still had $10,000 left. Anyways, So I added more Cabela's...I trimmed a bond fund and bought EWZ,LNCR,PEIX & MSC today...I wanted some others, but will have to round up some more coin. Now then...**MY QUESTION IS** Here's my new updated PORTFOLIO!!! What do ya'll think??? Give it to me straight, I can take it. http://finance.yahoo.com/q/cq?s=AMCC+BIDU+CAB+CAV+CEPH+COST+CPST+DWA+DQE+EBAY+EWZ+F+FCEL+FRO+GRR+HXM+LNCR+MSC+MSFT+NWN+NWS-A+PDC+PEIX+PGH+PTR+SBUX+SIFY+UPS+UST+WTS+YHOO,WWAG.OB&d=v1
Investing - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
WOW WHAT A DEAL I HAD TO LAUGH BECAUSE I GO TO CABELLAS ALOT FOR SUPPLIES YOUR SITE ID IS COOL IF I WERE INTO TRADING
2
You should have never sold your LVS, they had a grrreat day!
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