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    Aroop Kumar Mahanty

    Oct 2018
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    • PhD , Colorado State University, 1980
    • MA, U. Northern Colorado, 1975
    • BSc, U. Wyoming, 1973


    • Economics
    • Business
    • Engineering

    About Aroop Kumar Mahanty

    Aroop Mahanty is an American college professor with over 35 years of college-teaching and consulting experience with a Ph. D and an MA in economics and a BS in engineering. In addition to teaching at several US institutions he has worked in nine foreign countries. Teaching included distance education classes. He has also tutored online with great success. His principal areas of expertise lie in economics, marketing, international business, finance and quantitative methods as well as engineering economics.
    While teaching to the masses in the classroom format yields satisfaction, he derives a lot of joy in helping students individually. Students have rated him with a “thumbs up”. The ratings reveal him not only to be extremely knowledgeable but also to be extremely patient, motivating and effective as a teacher. His greatest strength lies in challenging the student to find her own solutions helping or providing guidelines only if necessary. His primary method of teaching is by showing how theory applies to reality.
    Aroop is currently at work on a manuscript called Business Microeconomics: Applying Theory to Reality. He has published other books and articles. He participates in the activities of professional organizations, e.g. American Economic Association, Atlantic Economic Society. For relaxation and fun, he enjoys hiking, tent-camping, music, traveling and reading biographies.






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    The National Debt

    Try the following exercises to better understand how the national debt is related to the government's budget deficit.
    a. Assume that the gross national debt initially is equal to $3 trillion and the federal government then runs a deficit of $300 billion
    i. What is the new level of gross national d READ MORE »

    Economics / Macroeconomics » 643301

    Calculation of GDP via the expenditure model

    Given the following annual information about a hypothetical country, answer questions a through d.
    Personal consumption expenditures $200
    Personal taxes $50
    Exports $30
    Depreciation $10
    Government purchases $50
    Gross private domestic investments $40
    Imports $40
    Government tra READ MORE »

    Economics / Macroeconomics » 642890

    Calculation of Consumer Price Index

    Calculate a new consumer price index for the data in the following exhibit. Assume that current-year prices of Twinkies, fuel oil, and cable TV are $0.95/package, $1.25/gallon, and $15.00/month, respectively. Calculate the current year's cost on the market basket and the value of the current year' READ MORE »

    Economics / Macroeconomics » 642891

    Project Crashing and Cost

    Calculate the crashing cost per period for each of the activities of the project.
    Suppose that the critical path of the project is B-D-E-F-G.  Which activity would you select to crash and at what cost per period?
    Activity to crash =
    Crashing cost per period = 

    Business / Business Management / Project Management » 643147

    Cost, contribution and profit analysis

    PROBLEM 7-18 Relevant Cost Analysis in a Variety of Situations [LO 7-2, LO 7-3, LO 7-4] Andretti Company has a single product called a Dak. The company normally produces and sells 60,000 Daks each year at a selling price of $32 per unit. The company's unit costs at this level of activity are given b READ MORE »

    Business / Accounting / Financial Accounting & Bookkeeping / Purchases, Inventory and Cost of Goods Sold (COGS) / Cost of Goods Sold » 643351
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