posted by deedee on .
I am writing a paper on the technology industry. Can anyone guide me to some good sites to find information on the following:
1.shifts and price elasticity of supply and demand
2.positive and negative externalities
4.monetary and fiscal policies
The problem I am having is I need to show how all four of those affect the technology industry, all I can find is how the technology industry affects them.
Thank you for using the Jiskha Homework Help Forum. It's easy to see why you had difficulty finding the information you wanted. So I did a search on each item "the effects of supply & demand, etc." to make generalities.
Supply & demand affect the price & quantity, the stability.
Wage increase will affect employment, price, etc. Although economists' new research shows a positive effect, this could increase inflation. Is it the increwase of minimum wages or.....?
Externalities: on the positive side, I found h telephone, software, etc. For the negative, congestion was mentioned. What was important was if the value of the service, etc. is greater than the price, or is equal to it, it's a positive externality. Network effects were also mentioned.
Fiscal, monetary policies = these must be monitored bcause they influence the money supply. It's a balancing act to have a balancved budget. Just look at the economic situation in our country today! Is there going to be a surplus or deficit?
Should this not be sufficient material for you, try my suggestion of each of those 4 items to see the effects. You can apply generalities to any industry.