Econ 1 Assignment 1

Answers2 ) The aftermath of the Civil cont close brought in major industrial expansion and significant scotch growth for New England , the warmness Atlantic states and the mid-west - more so with the completion of the transcontinental railroads long time later . In contrast , the same Civil War brought in scotch depression for the south (Slavin , 20083 ) The 1920s began with a brief depression which was completely forgotten between 1921 and 1929 when the States enjoyed economic prosperity . The stock market crash in 1929 , however , rested the abundant times and brought in the great Depression . Similarly , there was a brief economic recession in the early part of the 1990s - it began in early 1992 and ended later that same year . With the end of such recession , the stock market soared and the years that followed witnessed economic expansion in America until the index reached its peak in March 2001 and then dove deep , signaling the end of the good , profitable days of the bourse . The economy worsened in September 2001 after the World Trade Center catastrophe (Slavin , 20084 ) The opportunity cost of go to the concert using a free ticket is less time washed-out on studying . Having to leave for the concert venue earlier than be after and then getting home much later because of the deplorable weather would further increase the opportunity cost of attending the concert , since it would slopped more study time spent on something else5 ) Last summer , I incurred opportunity cost by cancelling plans to take a summer job and choosing , rather , to spend my summer bumming around with friends6 ) Under no wad can we operate outside our fruit possibilities curve . It would mean generating an output that is more than what results from entire employment and full production .

Such a scenario is not attainable (Slavin , 20087a ) According to the occupational Outlook enchiridion , economists study how society distri onlyes resources , such as land , labor , raw materials , and machinery , to produce goods and services . They whitethorn conduct research , collect and analyze data , monitor lizard economic trends , or develop forecasts (U .S . Department of Laborb ) According to the College majors Handbook and as cited in the article , the top ternary types of jobs for economics graduates are as follows : 1 ) Top- and mid-level managers , executives , administrators 2 ) policy , securities , real estate , business services and , 3 Accountants , auditors , new(prenominal) financial specialists (SchwartzWORKS CITEDSlavin , Stephen L . Economics 8th Edition . McGraw-Hill high Education , 2008U .S . Department of Labor . Occupational Outlook Handbook ( HYPERLINK hypertext transfer protocol /www .bls .gov /oco /ocos055 .htm nature http /www .bls .gov /oco /ocos055 .htm natureSchwartz , Shelly K . Economics Grads Face Strong Job Market , but Higher Degrees Still Help CNNMoney Personal Finance ( HYPERLINK http /money .cnn .com /2000 /08 /18 /career /q_degreeeconomics http /money .cnn .com /2000 /08 /18 /career /q_degreeeconomics PAGE MERGEFORMAT 2PAGE MERGEFORMAT 2...If you want to get a full essay, order it on our website: Ordercustompaper.com

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