Do a economics case study on the following, Roaring Dragon Case. Using these major headings to complete your case study: (1) Problem and Opportunity (2) Central Management Decision and (3) Recommendations and Implementation Issues.

1. You have made the decision to pursue higher education. Describe the economist’s view of how a decision like that is made. Using marginal analysis, make sure you evaluate the “rationality” of the decision and explain why the following statement is irrational: "Higher education is priceless, so everyone should pursue a degree no matter the cost.”2. Recall your readings about Shaq moving furniture and playing basketball. Use both absolute and comparative advantage to explain the following: Suppose you have one partner for a school project requiring both math and writing skills. If you are better than your partner at both math and writing, does this mean you should be responsible for both parts? Use comparative and absolute advantage to explain.3. The Econville News reports the invention of a machine that allows cows to milk themselves. Provide a brief written description/explanation of the effect of this news on the equilibrium price and quantity of milk.4. The Econville News reports that drinking at least 8 ounces of milk a day increases bone density 10% over a life time. Provide a brief written description/explanation of the effect of this news on the equilibrium price and quantity of milk.5. Consider a time in your life when you have benefited from an externality and a time when you have suffered from an externality. Make sure to clearly describe your role and the type of externality. What is your opinion about the role of government in each of these situations?Each answer should be a few sentences long. Not too short not too long.

I. Analysis of the Health Issue: Describe for your audience the nature of your chosen public health issue, so that they will be able to understand and appreciate your presentation. Specifically, be sure that you address the following: A. Outline the underlying economic principles and indicators at play, using specific examples. To what extent do those principles and indicators apply in understanding your chosen public health issue? B. Demonstrate the economic impacts of your public health issue. Provide specific examples of each impact. C. Analyze the larger context within which your chosen public health issue exists. To what extent is the issue a product of larger socioeconomic factors? D. Examine the major healthcare organizations impacted by the public health issue. How are they currently acting and reacting to the issue? II. Evaluation of Policy A. Discuss the current economic and legal landscape related to your public health issue. To what extent do existing policies (or the lack thereof) have positive or negative impacts to the American healthcare system? B. Explain your proposed policy using evidence and examples to illustrate. 1. What are the specific operational strategies that you believe are necessary for addressing your chosen issue and why? 2. What role do the major healthcare organizations play in your proposed policy? To what extent can their position in the marketplace be harnessed? C. Defend your proposed policy for addressing the public health issue with specific research and evidence. 1. How will your proposed public policy improve the American healthcare system in terms of healthcare quality, costs, and accessibility? 2. In what ways is your proposed policy informed by the larger socioeconomic factors that can influence public health? III. Implementation A. Identify potential socioeconomic barriers to policy change and describe each with specific details. B. Identify possible socioeconomic supports for policy change and describe each with specific details. C. Illustrate the value proposition for the major healthcare organizations you referenced earlier. To what extent will there be beneficial outcomes for their organizations if your policy is enacted? How would you mobilize them to support change? D. End your presentation with a final, persuasive call to action tailored to your target audiences.