Description
1. Trade Policy and Global Economic Relationships:
Examine the economic consequences of protectionist trade policies, such as tariffs and quotas, in the context of a globalized economy. Discuss the potential impacts on domestic industries, consumer prices, and international relations. Analyze alternative trade policy strategies and their implications for economic growth and welfare.
2. Economic Development and Human Capital:
Explore the role of human capital in economic development. Discuss the relationship between education, health, and economic growth. Evaluate the challenges and opportunities for developing countries in investing in human capital and addressing issues such as skill gaps, brain drain, and access to education and healthcare.
3. Financial Crises and Regulatory Responses:
Analyze the causes and consequences of financial crises, drawing on historical and contemporary examples. Discuss the role of financial regulations in preventing and mitigating the impact of crises. Evaluate the effectiveness of regulatory responses, considering the trade-offs between financial stability and market efficiency.
4. Game Theory in Industrial Organization:
Apply game theory to analyze strategic interactions among firms in an oligopolistic market structure. Discuss how concepts like collusion, price leadership, and entry deterrence influence market outcomes. Evaluate the implications for market efficiency, consumer welfare, and the role of antitrust policies.
5. Behavioral Economics and Public Policy:
Discuss the application of behavioral economics principles in shaping public policies. Explore how insights from behavioral economics can inform the design of policies related to healthcare, retirement savings, and environmental conservation. Evaluate the ethical considerations and potential challenges in implementing behavioral interventions.
