Managerial ECONOMICS For social enterprise — TERM PAPER
Word Length: 1,500 words (excluding references and appendices)
This grade is worth 90% of my term grade for Econ unfortunately, so it really has to be great.
(FYI This is not so straightforward… I am getting my masters in ‘social entrepreneurship and innovation’, so all of the economic theory is interpreted through a social impact lense. I would love to find someone who is well-versed on social accounting/social enterprise if possible. If that makes it too complicated though, I understand. I have additional documents, Digital textbook material (that the professor wrote himself), case studies and an online lecture or two I can send you. I know it might be a lot of research and reading, but I am so lost on the economics front, that I don’t even know where to begin or which question to choose! Also! Last thing, our professor loves graphs, and I know we need to put a couple in the paper.)
(Side note: I am also looking for someone to write my accounting paper — same thing: accounting but with a focus on SROI, social value creation.) It’s due the same day/ it’s Technically part 2 of the Econ paper, w/ same word limit etc. I also have a ton of material I could send over for that too. Please let me know if you know of anyone who might be a good match.
Please let me know your thoughts, thank you!
MG 4F8 Summative Essay Questions 2019
This summative assignment contains three questions. Answer ONE question from SECTION A. The questions have equal weight.
SECTION A: Managerial Economics
1. “For a profit-maximising firm in a competitive industry, marginal cost determines output and average cost determines profits.” Explain and illustrate this argument (75% of marks). Use the cases from the course to consider in what ways the analysis is also relevant to social enterprises (25% of marks).
2. When providing work for local people is part of the social enterprise’s’ mission, then it may not achieve efficiency in the economic sense. Discuss this view, drawing on the cases from the course (67% of marks). Does your answer imply that social enterprises will always fail to achieve economic efficiency (33% of marks)?
3. Explain the relationship between the market demand curve and the firm’s own demand curve (25% of marks). Does this differ in monopolistic, competitive and oligopolistic markets (50% of marks)? Choose at least one of the cases from the course and consider the demand side. Has the social enterprise(s) understood the market structure and the demand curve that it faces (25% of marks).