BSSE Economics 1443 case studies
BSSE Economics 1443 · Put your knowledge to work in context.
BSSE Economics 1443 is a course-linked economics examination associated with the BSSE programme. It is aimed at undergraduate software engineering students who need a working command of microeconomic and macroeconomic reasoning rather than specialist economics training. The exam is multiple choice and samples across nine areas: scarcity and basic concepts, demand and supply, elasticity and consumer behaviour, production and costs, market structures, factor markets, market failure and public policy, national income accounting, and money and banking. Questions tend to reward precise definitions, careful reading of a scenario, and the ability to apply a model rather than recall a slogan. The BSSE Economics 1443 case studies are 5 cases and about 2,768 words.
1The Island Clinic's Vanishing Waiting List
A small island of 4,000 residents has one publicly funded clinic offering free walk-in consultations. Average waiting time has climbed from 20 minutes to 95 minutes over three years.
607 words, about 3 min2Bus Fares and the Revenue Question
A city transit authority currently charges 2.00 per ride and sells 500,000 rides per month, generating 1,000,000. Facing a 300,000 monthly deficit, the board proposes raising the fare to 2.50.
524 words, about 3 min3The Bakery That Cannot Decide How Much to Hire
A neighborhood bakery sells loaves at 4 each in a competitive market and currently employs 5 bakers. Each baker works a fixed 8-hour shift and is paid 120 per day.
562 words, about 3 min4The Fertilizer Plant and the Downstream Fishery
A fertilizer plant discharges runoff into a river. The plant's profit is 2,000,000 per year.
540 words, about 3 min5The Central Bank's Awkward Quarter
An economy has an inflation rate of 6% (target 2%), unemployment of 4.5% (estimated natural rate 5%), and GDP growth of 1.2% (potential 2.5%). The central bank's policy rate is 3.0% and the neutral rate is estimated at 2.0%.
535 words, about 3 min