“Statement of Purpose for Johns Hopkins University’s Master’s Program in Applied Economics”

I am applying for John Hopkins University‘s master degree in Applied Economics (https://advanced.jhu.edu/academics/fields-of-study/applied-economics/) under Krieger School of Arts and Sciences, Advanced Academic Programs (https://advanced.jhu.edu) The school requires a 225-word statement of purpose. I’ve attached my resume, so you have ideas of how to write this statement of purpose. Also, the following answers based on my school search might help you to write it. Why School? -the AAP division “offers professional graduate degree and certificate programs for adults seeking flexibility, career advancement, and personal enrichment”:since I have one year of working experience, I am seeking professional growth and more job opportunities, flexibility is good for me to study while looking for internship in States to gain experience. -STEM-recognized (as an international student, this allows me to find job opportunities in the U.S.) -Johns Hopkins MS in Applied Economics gives you the flexibility to design a degree plan that fits your professional goals and economic interests, such as: ?Environmental economics ?Financial economics ?Health economics ?International economics and development ?Spatial economics ?Public policy so these concentration will help my career -professionals from around D.C. and beyond: so lots of opportunities Why Program? -a master degree will greatly help my future career

Title: Cost Analysis and Profit Maximization for a Firm

Complete Table 1. Summarize your calculations and use Microsoft Excel. Using Excel, draw one graph showing average fixed costs, average variable costs, average total costs, marginal revenue, and marginal costs. Using the data in the table and on your graph, what is the profit maximizing, or loss minimizing level of output? Explain and justify your answers. What is a normal profit? What is an economic profit? Explain your answer using examples. Are normal profits being earned in this example? Are economic profits present for this firm in this example? Explain your answers. Given the data in the table and the graph, how could you determine or identify the optimal plant size? What is the difference between explicit and implicit cost? Explain your answers. How would we determine if a cost is a fixed cost or a variable cost? Present your analysis in Microsoft Excel format. Enter non-numerical responses in the same worksheet using textboxes. If you want to learn how to use Microsoft Excel to create curves, refer to the Microsoft Excel tutorials. Submit your documents to the Submissions Area by the due date assigned.

“Macroeconomic Factors Shaping the Future of [Selected Industry] Market: A Cost Structure Analysis”

Select an industry and analyse how macroeconomic factors could affect the development of the market of that industry in the next 5 years. Start with characterising the cost structure of the industry and then consider the macro factors such as the volatile economic landscape, changing consumer preferences, the impact of Covid, rising level of debt, etc. – how they would influence demand (and hence revenue).

Understanding Natural Unemployment and Potential GDP Title: Exploring the Relationship between Natural Unemployment and Potential GDP Classmate 1: I found the “EYE on Your Life” caption on natural unemployment very interesting. It explains how natural unemployment is

Participate in a discussion with your classmates regarding natural unemployment. Review the “EYE on Your Life” caption titled, Natural Unemployment, on page 209 in the textbook. Now that we have learned that potential GDP is the value of real GDP when all the economy’s factors of production – labor, capital, land, and entrepreneurial ability – are fully employed, discuss how these factors render natural unemployment as productive when considering potential GDP. Please apply the production function and labor market concepts as explained in the textbook when sharing your discussion.

Title: Analysis of Price Elasticity of Demand for Good A

With respect to the price elasticity of demand, construct a graph using the data in Figure1. Illustrate the ranges on the demand curve that indicate elastic, inelastic, and unitary elasticity. Explain your answers. Enter non-numerical responses in the same worksheet using textboxes. Calculate the total revenue for each level of demand and post into the table, Figure 1. (Copy and paste this table into the Microsoft Word document that will form part of your submission.) Using the midpoints formula presented in the textbook, calculate the price elasticity coefficient for each price level, starting with the coefficient for the $4 to $6 level. For each coefficient, indicate each type of elasticity: elastic demand, inelastic demand, or unitary demand. Post your answers into the table, Figure 1. Assume that the income of consumers changes by 10%, and as a result the quantity demanded for Good A changes by 8%. What is the income elasticity of demand for Good A? What does this mean for your company? Assume that the price of competing Good B decreases by 5% and as a result, the quantity demand for Good A decreases by 8%. What is the cross-price elasticity for your product? What type of goods are Good A and Good B? Prepare an analysis by answering the above-noted questions. Your analysis will consist of two documents as follows: Microsoft Word document: Questions 1-5, 7-10. Microsoft Excel worksheet: Question 6

Title: Ethical Dilemmas in the Workplace: A Case Study Analysis

Using the scenarios above, prepare a 2-3 page Microsoft Word document that addresses 2 of the above scenarios and meets APA standards. Include a summary section in your report that contains 5-7 bullet points identifying your major findings or conclusions of your paper. Submit the summary section as your initial post in the Discussion Area by the due date assigned. Include the full report as an attachment to your posting. Continue your discussions until the end of the week by commenting on at least two other submissions by your peers, identifying the strengths and weaknesses of each post. All submissions must be original and all resources must be properly acknowledged.

“The Creation of the International Monetary Fund (IMF) at the Bretton Woods Conference of 1944” Introduction: The Bretton Woods Conference of 1944 was a pivotal moment in international economic history. It brought together representatives from 44

To complete this assignment, you will study and write about an important institution that was formed during the Bretton Woods conference in 1944. Answer each question with a paragraph of about 100 words. Please keep your answers to one sheet of paper, and please include a bibliography listing any sources that you use.

“The Global Impact of Nike: An Analysis of Foreign Direct Investments, Effects on Developing Countries, and Financialization Patterns” “The Evolution of Nike: A Comprehensive Analysis of the Company’s History, Successes, and Impact on the Global Market”

F‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍ormatting: Arial font, size 12, double spaced and neatly organised. Harvard method of using sources. All sources should be listed in detail at the end of the essay. All this is vital. The essay must be AT LEAST 2700 words and MAXIMUM 3300 otherwise it will be deemed not complete. An ideal number of words is 3000. MINIMUM 15 sources in order to ensure that the essay is well argued. The bibliography and title do not count towards the word limit. It is important to remember this. Once finished, please ensure there are no grammatical errors. You must not make contradictory points and must present a coherent and clear argument while also showing that you have done independent research. This must be an essay worth minimum 70% at postgraduate level. UK English must be used. This is an essay for an international political economy/business module. Throughout this essay you will be expected to tie it in to the current political context and globalisation etc. TASK: Select a multinational corporation and analyse it in thorough detail using the 3 dimensions covered below: 1.) Its Foreign Direct Investments (type, locations, purpose) 2.) Its effects on developing countries (things such as knowledge and/or data extractivism, generation of global poverty chains, limits to technology transfer or contributing to upgrading) 3.) Its financialization patterns in terms of assets, liabilities, incomes and/or expenses The multinational corporation you will be analysing is Nike. It is a well-known company and there should be plenty of academic research and other things you can use to complete your research. Your sources must be mostly of an academia nature and economic analyses. It is important to prove that research has been done by analysing Nike specifically and not being generic as this can lose you marks. In terms of layout, here is what it should ideally look like: (note that each section should be a new paragraph) 1.) Introduction (brief intro on what a multinational corporation is, some basic-ish info on Nike and what you will be analysing. AROUND 250 WORDS 2.) Foreign Direct I‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍nvestments (more info above) identification and detailed analysis of where they are invested, what type of invested, what the purpose is etc. AROUND 800 WORDS – 5 new sources 3.) Effects on developing countries (more info above). You can look at things like the labor conditions, pay, exploitation etc. AROUND 800 WORDS – 5 new sources 4.) Financialization patterns (more info above. One thing that might help in this section is things like 3rd market research, business academic articles and the official corporate financial statements. AROUND 800 WORDS – 5 new sources 5.) Conclusion – A brief summary of your arguments and just a closing piece. AROUND 250 WORDS Following this layout is advised as it allows you to make the full arguments while also staying within the 2700-3300 words limit. This guideline is useful and you should seek to follow it even if not exactly. In each of the main 3 paragraphs you should 5 new sources as this will get you to the total of 15. I have attached a few sources below. You should have a look at these to help form your arguments and as a guide for what is needed. Remember that the sources must be relevant and if analysing a specific company, it must be NIKE. Otherwise seek sources that look at the topic you wish to present and apply that to NIKE. Sources examples: 1.) Poverty chains and global capitalism Competition & Change Selwyn, Benjamin Vol. 23 Issue 1, pp. 71–97, 2019 2.) Capitalism, Power and Innovation Intellectual Monopoly Capitalism Uncovered By Cecilia Rikap (2021) – Chapter 11 3.) Cambridge Journal of Economics Carballa Smichowski, Bruno; Durand, Cédric; Knauss, Steven Vol. 45 Issue 2, pp. 271–294, 2021. 4.) Economy and Society Lazonick, William; O’Sullivan, Mary Vol. 29 Issue 1, pp. 13–35, 2000. 5.) The International Spectator Babic, Milan; Fichtner, Jan; Heemskerk, Eelke M. Vol. 52 Issue 4, pp. 20–43, 2017. These should help you understand just how detailed the essay should be. Discuss not just the how but also the why + occasionally link it to the wider political context and ensure to show off your k‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍nowledge about Nike.