1 / 12

ECON 545 DEVRY Tutorial / econ545dotcom

ECON 545 is an online course which provides you to get best results.<br>

devasena31
Download Presentation

ECON 545 DEVRY Tutorial / econ545dotcom

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. ECON 545 DEVRY Tutorial / econ545dotcom

  2. ECON 545 DEVRY Tutorial ECON 545 All Weeks Discussion (Devry) ECON 545 Entire Course + Final Exam (New) • DEVRY ECON 545 Week 1 DQ 1 Supply and Demand • DEVRY ECON 545 Week 1 DQ 2 Elasticity and the Minimum Wage • DEVRY ECON 545 Week 2 DQ 1 Marginal Analysis • DEVRY ECON 545 Week 2 DQ 2 Controlling Costs • DEVRY ECON 545 Week 3 DQ 1 Mergers Acquisitions • DEVRY ECON 545 Week 3 DQ 2 Anti-Trust Policy and Microsoft • DEVRY ECON 545 Week 4 DQ 1 Macroeconomic News • ECON 545 Week 1 DQ 1 Supply and Demand • ECON 545 Week 1 DQ 2 Elasticity and the Minimum Wage • ECON 545 Week 2 DQ 1 Marginal Analysis • ECON 545 Week 2 DQ 2 Controlling Costs • ECON 545 Week 3 DQ 1 Mergers Acquisitions • ECON 545 Week 3 DQ 2 Antitrust Policy • ECON 545 Week 3 Course Project 1 Microeconomic Analysis (Situation C)

  3. ECON 545 DEVRY Tutorial ECON 545 Week 8 Final Exam (Devry) ECON 545 Week 1 DQ 1 Supply and Demand • (b.) (15 points) Now, suppose that following the supply and demand changes in (a), a substitute good goes up in price, and your costs of production increase. What new decisions will you make regarding production levels and pricing for your Widget facility? • What is the difference between a change in demand versus a change in quantity demanded? A change in supply versus a change in quantity supplied? Why is it so important to differentiate between these similar-sounding terms?

  4. ECON 545 DEVRY Tutorial ECON 545 Week 1 DQ 2 Elasticity and the Minimum Wage ECON 545 Week 2 DQ 1 Marginal Analysis • What are your thoughts about minimum wage legislation? What kind of a price-control policy is this? Who gains? Who loses? Are there alternatives to this legislation for achieving the same policy objectives? What role do demand and supply elasticities play in determining outcomes? • Why is marginal analysis important in economics? How do the tutorials Basics of Marginal Analysis and Understanding and Applying Marginal Analysis at the end of this week's lecturereinforce the concepts of marginal analysis? How can any firm find the right production level which guarantees maximum profit (or minimum loss)?

  5. ECON 545 DEVRY Tutorial ECON 545 Week 2 DQ 2 Controlling Costs ECON 545 Week 3 Course Project 1 Microeconomic Analysis (Situation C) • The key here in keeping this question interesting is that reducing the workforce or having one person do the work of three people are not the only ways to control costs. I'm looking for more creative ways. Maybe you can think of some that your firm is not currently using. Be creative here. • b. (20 points) Price Elasticity of Demand facing you in your scenario, including actual calculation of it using the midpoint formula. If you can’t find data, then determine the Price Elasticity from the Characteristics and make up numbers to use. Be sure to identify this if you use this approach. This will help you in deciding the slope of your Demand curve below.

  6. ECON 545 DEVRY Tutorial ECON 545 Week 3 DQ 1 Mergers Acquisitions ECON 545 Week 3 DQ 2 Antitrust Policy • Have you ever been involved in a merger or acquisition? If so, tell us about your experiences. If not, comment on this week's tutorial, "The Private Sector." • Review and chose a firm of your choice provided by your instructor. Is this firm a monopoly? In what ways could it be considered a monopoly? What markets are involved? What anti-trust legislation would apply? Is anti-trust legislation "fair" to your chosen firm? Why or why not?

  7. ECON 545 DEVRY Tutorial ECON 545 Week 4 DQ 1 Current Topic in Macroeconomics ECON 545 Week 4 DQ 2 Healthcare • Scour the national media for a credible macroeconomic current issue (many good sources are available online) in which Chapters 19-21 is at the heart of the matter. Summarize your article for your colleagues and attach a link to your article. Make sure you appropriately refer to the textbook sections that apply to your chosen article. • The healthcare sector is often cited as being fraught with just about every economic imperfection that is known to humankind. Can you identify and briefly describe ONE of these imperfections? Do you know of any examples?

  8. ECON 545 DEVRY Tutorial ECON 545 Week 5 DQ 1 Trade Deficits ECON 545 Week 5 DQ 2 Exchange Rates • What have been some major causes of the large U.S. trade deficits since 1992? What is a major benefit (you could address that issue) or a major cost (or you could address that issue) associated with trade deficits? • Do a little research about foreign exchange traders. It's a big business; how do they make money? What is the relationship between FX rates and interest rates?

  9. ECON 545 DEVRY Tutorial ECON 545 Week 6 Course Project 2 Macroeconomic Analysis (Situation C) ECON 545 Week 6 DQ 1 Fiscal Policy • Situation B • Your neighbor Cindy wants to start a contracting business for installing solar panels. She has heard of the cost savings that households and businesses can make each year by installing solar panels on their roofs. Cindy has also heard of government incentives for installing solar panels. Being concerned about the environment and wishing to reduce pollution, Cindy thinks installing solar panels also serves a good social purpose. • What fiscal policies are required to fight unemployment? Which ones are required to fight inflation? What are some of the downside risks and potential problems involved when using fiscal policy?

  10. ECON 545 DEVRY Tutorial ECON 545 Week 6 DQ 2 Monetary Policy ECON 545 Week 7 DQ 1 The Public Sector • What are the monetary policies required to fight unemployment? What about those required to fight inflation? What are some of the downside risks and potential problems involved when using monetary policy? • What is the appropriate balance between private and public (i.e., government) activity? Think of a case where the government has intervened (or it was suggested that government intervene) in a previously private market (e.g. Chrysler, tariffs on Japanese luxury cars, the airline industry, etc). What other examples can you think of?

  11. ECON 545 DEVRY Tutorial ECON 545 Week 7 DQ 2 Forecasting • Let's discuss one of the most important areas of economics, namely the use of leading economic indicators to forecast the future direction of the macro economy. What websites are helping you gain a better understanding of where the economy is heading in the next 12 months?

  12. ECON 545 DEVRY Tutorial

More Related